The Youth Economic Intervention and De-Radicalization Programme (YEIDEP) has officially announced the postponement of business grant disbursement initially scheduled for Batch A beneficiaries on October 20, 2025.
The development was confirmed by the Coordinator-General of YEIDEP, Mr. Kennedy Iyere, who stated that the decision was taken to ensure a transparent, accountable, and well-organized disbursement process. According to him, the programme is committed to accuracy and wants to ensure that all eligible applicants receive their grants without errors or irregularities.
Mr. Iyere emphasized that the postponement is not a cancellation, but a necessary step to ensure the credibility of the programme. He also addressed growing concerns arising from misinformation circulating online.
In a statement, he cautioned the public against fake reports on social media claiming that grant disbursement has already commenced. He described these reports as false and misleading, noting that certain individuals and fraudulent groups are using the name of the programme to deceive unsuspecting Nigerians.
“We are aware of several social media posts falsely claiming that YEIDEP has started paying business grants. These claims are entirely untrue. They are being spread by internet fraudsters aiming to mislead and extort innocent applicants,” Iyere said.
He stressed that all benefits under YEIDEP are entirely free, adding that the programme does not require any form of payment for registration, processing, or disbursement. He urged applicants to avoid anyone requesting money to facilitate their participation or speed up approvals.
“Every benefit related to YEIDEP is free of charge. We strongly advise the public to remain vigilant and avoid falling victim to criminals exploiting the situation for financial gain,” he added.
Meanwhile, the coordinator announced that the registration portal for the programme will reopen on Monday, October 27, 2025, to accommodate new applicants under Batch B. He noted that this is part of YEIDEP’s commitment to inclusiveness and expanding access for more young Nigerians seeking economic empowerment.
Mr. Iyere reassured all currently registered applicants that the programme remains on course and that no eligible beneficiary will be left out. He reaffirmed the organisation’s dedication to delivering on its promise of financial support, skill empowerment, and community upliftment.
“Our priority is to implement YEIDEP successfully and ensure that all qualified participants receive their due benefits. The postponement is only to allow for better coordination and transparency,” he said.
He concluded by advising applicants and the general public to rely solely on the programme’s official communication channels for updates. These include YEIDEP’s verified Facebook page, YouTube channel, and other authenticated digital platforms.