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Godwin Emefiele CBN Governor

YEDP : Empowering Nigerian Youths to Build a Better Future

Are you a young Nigerian with an entrepreneurial spark? Have you heard about this game-changer for aspiring business leaders? Did you know that the Central Bank of Nigeria (CBN) has continuously promoted youth entrepreneurship through the Youth Entrepreneurship Development Program (YEDP)?

What is the YEDP?

Launched in 2016, the YEDP (Youth Entrepreneurship Development Programme) is a transformative initiative by the Central Bank of Nigeria. It serves a catalyst for unleashing the entrepreneurial potential within young Nigerians and driving economic growth. The aim of the YEDP is to provide comprehensive training, mentorship, financial support etc. to young entrepreneurs in Nigeria. From business planning to financial management, marketing strategies to leadership development, this initiative covers it all. Hence, participants are well-prepared for the challenges of entrepreneurship.

YEDP Financial Support & Networking

The CBN recognizes that capital plays a vital role in kick-starting and expanding businesses. This is why one of the key aspects of the program is access to funding. This enables aspiring entrepreneurs to turn their ideas into reality and contribute to job creation and economic development.

Side view of CBN, sponsor of YEDP

Additionally, the CBN YEDP also facilitates networking and collaboration opportunities, connecting participants with industry experts, successful entrepreneurs, and potential partners. By fostering an ecosystem of support and collaboration, the CBN encourages participants to learn from professionals and leverage valuable connections. These connections can open doors, spark inspiration, and pave the way for long-term success.


Overall, the CBN YEDP promotes economic growth at both local and national levels while enhancing the livelihoods of participants. By investing in the youth, the program drives innovation, creates employment opportunities, and shapes a prosperous future for Nigeria. Through this initiative, the CBN is sowing the seeds of innovation, self-reliance, and economic prosperity for the next generation.

If you are a young entrepreneur in Nigeria, I encourage you to learn more about the YEDP. The YEDP can provide you with the support and business development services you need to start or grow your business.

Get started today!

If you’re ready to embark on your entrepreneurial journey, the CBN YEDP is one of your tickets to success. Visit the official CBN website to learn more about the program’s eligibility criteria and application process. Don’t miss this incredible opportunity to ignite your potential, and shape a prosperous future for yourself and Nigeria.

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Emmanuel Iwegbue

I am a passionate writer with a keen interest in SMEs and fostering economic growth. I focus on empowering businesses to thrive and contribute to Nigeria's economic development.

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