YEIDEP Bank Account Collation for Payment begins

YEIDEP Bank Account Collation for payment begins – The YEIDEP schedule of activities released earlier which you can read here: FMYD Released YEIDEP Program Payment Date And Schedule Activities, the collation of YEIDEP applicants’ bank account details is scheduled to take place after online registration has closed.

So if you have completed your online registration and have created and linked your bank account, then the collation process has began to ofr YEIDEP beneficiaries.

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The YEIDEP program registration, which ended on May 31st, 2025, recorded over 5 million applicants.

According to the program’s management, YEIDEP offers more than just financial support. Beneficiaries will receive non-refundable grants of up to N500,000 to support small businesses, particularly in sectors such as agribusiness and agro-processing.

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When is YEIDEP Bank Account Collation for Payment starting?

The beneficiaries bank account collation for payment of will run from 1st of June to 10th June, 2025.

The next phase involves reviewing the more than five million applications, shortlisting eligible candidates, sending direct payments to verified bank accounts, enrolling youth in training programs, and establishing a system of continuous support. These steps are designed to prevent mismanagement and ensure that only deserving candidates benefit from the initiative.