Hope is rising again for millions of Nigerian youths as the Federal Government has announced a new date to begin the disbursement of the much-anticipated $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund. But the excitement comes with a strong warning to beware of scammers.
According to Kennedy Iyere, Coordinator-General of YEIDEP, the programme’s initial disbursement date of October 20, 2025, has been postponed to allow for a more transparent, accountable, and accurate process.
Iyere assured applicants that the delay was in the best interest of beneficiaries, as the government works to ensure that no deserving youth is left out or shortchanged. “We are committed to ensuring a transparent process. A new date for the fund’s disbursement will be announced soon through official media platforms,” Iyere said.
The programme’s management has raised the alarm over rampant fake news circulating on social media, falsely claiming that the disbursement has already begun. Iyere warned that internet fraudsters are exploiting the hopes of desperate youths, asking them to pay fees or provide personal details to access supposed grants.
“Please be conscious not to allow anyone to deceive you,” he cautioned. “Every benefit or gain relating to YEIDEP is offered free of charge. Ignore anyone demanding payment or claiming early access.” The agency reiterated that all verified updates will be communicated only through official channels, including its YouTube, Facebook, and verified social media pages.
Portal reopens October 27 for batch B applicants In a positive development, YEIDEP also announced that its registration portal will reopen on Monday, October 27, 2025, for Batch B applicants.
This move offers fresh opportunities for Nigerian youths who missed the first phase to apply and benefit from the life-changing economic empowerment programme. According to a report by BusinessDay, Iyere reaffirmed the government’s commitment to youth inclusion, noting that every registered member would eventually receive their entitled support. “We remain dedicated to the successful implementation of YEIDEP,” he said. “Our goal is to empower Nigerian youths, reduce unemployment, and promote peace through economic engagement.”
Link: https://yeidep.org/
