FG Announces Date for YEIDEP Grant Disbursement — Get ₦50,000 to ₦500,000! | See How to Apply Now
The Federal Government has officially fixed July 2025 as the starting date for disbursing the YEIDEP grant, offering ₦50,000 to ₦500,000 to qualified Nigerian youths with promising business ideas.
This non-repayable grant aims to empower young entrepreneurs, tackle unemployment, and spark economic transformation across the country. With over 4.6 million youths already registered, it’s clear — Nigeria’s young minds are ready to rise.
What is YEIDEP All About?
YEIDEP is a Federal Government initiative driven by the Federal Ministry of Youth Development, in partnership with the Youths Off The Street Initiative (YOTSI).
Its purpose? To offer non-repayable grants (yes, you read that right — it’s not a loan) to support young entrepreneurs across various sectors, including:
If you’re passionate about your hustle and need capital to grow, this is the perfect opportunity.
Confirmed Disbursement Schedule
Here’s the official YEIDEP plan:
| Activity | Timeline |
|---|---|
| Account Verification | June 1 – June 8, 2025 |
| Beneficiary Engagement | June 11 – June 30, 2025 |
| Grant Disbursement | July 1 – July 31, 2025 |
This schedule ensures every verified applicant gets notified and supported in stages. So stay alert and monitor your email or SMS for updates.
How Much Can You Receive?
Each approved applicant will receive ₦50,000 to ₦500,000, depending on:
-
The business category selected
-
Stated financial needs in the application
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Number of slots available per state
Important: This is a free grant. You don’t have to repay it.
Still Haven’t Applied?
The application portal is still open, but not for long. The final deadline to apply is May 31, 2025.
👉 Apply Now Before the Deadline through YEIDEP Portal https://yeidep.org/registration
Lost your YEIDEP application code? No worries. 👉 Here’s How to Retrieve It