The Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) has announced updates on its proposed disbursement of funds.
YEIDEP Coordinator-General, Comrade Kennedy Iyere, provided the update in a statement
The Eagle reports that Batch A members of the scheme were scheduled for grant disbursement on October 20, 2025 but the the exercise had to be postponed.
Providing a reason for this, Iyere said the postponement was to maintain the transparent, accountable, and accurate posture.
He also informed that internet fraudsters had been peddling false information about disbursement of funds to extort money from unsuspecting individuals.
“We warn and caution all our registered applicants and potential beneficiaries to ignore the fake news which have flooded different social media platforms falsely reporting that YEIDEP’s business grants disbursement has taken effect.
“Internet fraudsters are the ones peddling these fake news, in their desperate attempt to misinform innocent Nigerians, and make them to become gullible to their tricks of financial extortion.
“Please be conscious not to allow anyone to deceive you. Every benefit or gain relating to YEIDEP is offered free-of-charge. We therefore advise everyone to be well guided, and be smart enough to ignore criminal elements who may want to extort money from the public by peddling fake news to aid their criminal ambitions.
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“We are also delighted to announce to the general public via this medium that the registration portal will be re-opened on Monday 27th October, 2025 for the “Batch B” recruitment.
“We sincerely wish to express our commitment towards the successful implementation of YEIDEP, as we work to ensure that every registered member receives the benefits entitled. Further updates will be communicated through our YouTube, Facebook and other digital communication channels,” Iyere stated.
YEIDEP emphasised that every benefit or gain related to the programme is offered free of charge and advised the public to ignore criminal elements seeking to exploit them.
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