The Federal Government has officially renamed the Nigerian Youth Economic Engagement and De-Radicalization Programme (NIYEEDEP) to Youth Economic Intervention and De-Radicalization Programme (YEIDEP).

This was disclosed in a Memorandum of Understanding (MoU) presented to the press on Thursday, March 6, 2025, following the signing between the Federal Government and the Nigerian Civil Society and Global Development Partners on Wednesday, February 5, 2025.

The Minister of Youth Development, Comrade Ayodele Olawande, represented the Federal Government, while Comrade Kennedy Iyere, founding President of Youths Off The Street Initiative (YOTSI), represented the Nigerian Civil Society and Global Development Partners.

According to Comrade Olawande, the name change was necessary to give Nigerian youths a sense of ownership of the strategic economic intervention.

He noted that the programme aims to provide economic platforms and empowerment opportunities for youths to become entrepreneurs, reduce unemployment, and contribute to national development.

According to him, as of today, over two million youths have registered for YEIDEP, making it the largest youth economic empowerment programme in Nigeria’s history.

On his part, Comrade Iyere emphasised that YEIDEP was crucial for Nigeria’s economic restoration, national security, and social stability.