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YEIDEP postpones business grant disbursement, warns against fake news

The Youth Economic Intervention and De-Radicalization Programme (YEIDEP) has postponed the disbursement of business grants to Batch A applicants, earlier scheduled to begin on October 20, 2025.

In a statement issued by the Coordinator-General, Mr. Kennedy Iyere, the organization said the postponement was necessary to ensure a transparent, accountable, and accurate disbursement process.

Iyere cautioned applicants to disregard fake news circulating on social media claiming that the disbursement had begun, warning that internet fraudsters were spreading false information to defraud unsuspecting individuals.

“We warn and caution all registered applicants and potential beneficiaries to ignore the fake news flooding social media, falsely reporting that YEIDEP’s business grant disbursement has started,” Iyere said. “Internet fraudsters are behind these false claims, attempting to mislead and extort innocent Nigerians. Every benefit related to YEIDEP is free of charge. Please stay alert and avoid falling victim to criminal elements exploiting the public with fake information.”

He reaffirmed that all benefits under the programme are completely free and urged applicants to report anyone requesting payment in exchange for participation or assistance.

The coordinator further announced that the registration portal will reopen on Monday, October 27, 2025, for Batch B recruitment, emphasizing YEIDEP’s commitment to transparency, inclusiveness, and accountability.

“We remain committed to the successful implementation of YEIDEP and to ensuring that every registered member receives their entitled benefits,” he added.

Iyere noted that all official updates regarding disbursement and registration will be communicated only through YEIDEP’s verified YouTube, Facebook, and other official digital platforms.

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