Fidelity Bank has replied to a message stating that it is awaiting orders from the Federal Government to begin the disbursement and activation of the Youth Economic Intervention and De-Radicalization Programme (YEIDEP).
In response to an inquiry about updates for YEIDEP, the bank said, “At this stage, we are currently awaiting the official announcement and next steps from the Federal Government regarding the disbursement and activation of the associated programs. Once the directive is issued, all account holders will promptly be communicated with regarding any necessary actions or updates.”
This indicates that Fidelity Bank and other YEIDEP partner banks are waiting for federal approval to commence fund disbursement. According to the YEIDEP schedule in circulation, the programme is still in the “engagement with beneficiaries” stage, which is expected to end on October 11, 2025.
The most recent engagement was held in Ibadan about a week ago, with Fidelity Bank in attendance. During the event, Comrade Kennedy Iyere, Coordinator-General of YEIDEP, described the initiative as “the biggest government-backed youth empowerment intervention in the history of Nigeria.” Before that, a convention was held in Uyo, Akwa Ibom State.
Nigeriastartupact.ng earlier reported that YEIDEP’s Implementation Stakeholders Retreat took place on September 3. It appears the programme is now rounding off its engagement phase, after which all verified beneficiaries are expected to receive payments.
If the circulating circular above is correct, disbursement for Batch A beneficiaries, totalling 8,000 candidates, should begin between October 20 and 30, 2025. However, this timeline remains unconfirmed as the programme management has not officially acknowledged the document.
Meanwhile, candidates are advised to keep their account details secure and continue monitoring official channels for verified updates.
Attached below is screenshot of Fidelity Bank’s response:
