6th October, 2016.

To:
The GMD,
Heritage Bank PLc.

Sir,

Letter of Complaint

We the participants in the First Batch YIEDP training; hereby bring to your notice, our current state of mind as regards the events following the conclusion of our training.

The number of applications Heritage Bank forwarded to CBN for approval confirms a suspicion that the training was a hoax; we were used as seat fillers to orchestrate a clandestine campaign.

We were Beneficiaries, before the press. The world saw Heritage Bank …transforming us, into economic value creators. Then followed a FOUR months delay; a provoking show of nonchalance; which totally outraged us particularly due to lack of useful updates during this tedious long wait. We consider this delay an illegal waste of our time. Now ’ACTUAL BENEFICIARIES’ have emerged and we the trainees hardly know them.
Worse, is the insignificant number purportedly being funded; a blatant affront to the greater number of us. We know we merit way better than 26 out of 1200-Finalists (not Applicants)!!! If this meager number is all Heritage Bank can afford to fund, we will be inclined to publicly question the banks’ ability to anchor the YIEDP. These red flags, among others, tell us Heritage Bank may in fact not have the requisite resources to sponsor any serious government backed entrepreneurship development programme.

There will be no need for any hostilities, or name sullying; if the bank will meet us half way.
The bank should send mails with a comprehensive report on the outcomes of the YIEDP so far to all trained “Beneficiaries”. They should also inform participating individuals on the precise reasons why they are not being funded. We consider these simple requests, fair and reasonable; and expect they can be met before Saturday the 15th of October, 2016.

With the above requests met, we will begin to agree on ways forward, beyond all these.
Kind Regards

YIEDP Abuja First Batch

tobyakin:
6th October, 2016.

To:
The GMD,
Heritage Bank PLc.

Sir,

Letter of Complaint

We the participants in the First Batch YIEDP training; hereby bring to your notice, our current state of mind as regards the events following the conclusion of our training.

The number of applications Heritage Bank forwarded to CBN for approval confirms a suspicion that the training was a hoax; we were used as seat fillers to orchestrate a clandestine campaign.

We were Beneficiaries, before the press. The world saw Heritage Bank …transforming us, into economic value creators. Then followed a FOUR months delay; a provoking show of nonchalance; which totally outraged us particularly due to lack of useful updates during this tedious long wait. We consider this delay an illegal waste of our time. Now ’ACTUAL BENEFICIARIES’ have emerged and we the trainees hardly know them.
Worse, is the insignificant number purportedly being funded; a blatant affront to the greater number of us. We know we merit way better than 26 out of 1200-Finalists (not Applicants)!!! If this meager number is all Heritage Bank can afford to fund, we will be inclined to publicly question the banks’ ability to anchor the YIEDP. These red flags, among others, tell us Heritage Bank may in fact not have the requisite resources to sponsor any serious government backed entrepreneurship development programme.

There will be no need for any hostilities, or name sullying; if the bank will meet us half way.
The bank should send mails with a comprehensive report on the outcomes of the YIEDP so far to all trained “Beneficiaries”. They should also inform participating individuals on the precise reasons why they are not being funded. We consider these simple requests, fair and reasonable; and expect they can be met before Saturday the 15th of October, 2016.

With the above requests met, we will begin to agree on ways forward, beyond all these.
Kind Regards

YIEDP Abuja First Batch

Can I also forward this letter on behalf of the Yiedp Ede first batch and copy the appropriate people like the CBN as well. Awaiting ur reply

Kindly do if it will cause them to act swiftly, also note that i got a response stating that we will all be contacted in due course but hey, that's what they said 4months ago and in 4months 26 selected. Even by 2020, they will still be on it. Tnx. One love bro.

Spot on. @lalasticlala front page please.

I'm very sure that most of the beneficiaries will not accept the offer except for people that don't understand banking terms . You need to see the ridiculous terms and conditions stated in their offer letter.
Please, i will enjoin any beneficiary to involve an accountant and a lawyer to go through the offer letter before acceptance.

Those people are scammers trying to enslave innocent youths. Even, only 2000naira was paid has the training allowance and you can only withdraw 1000naira.

Explains it all

http:///UNj7ta

Nigerian government should invest in entrepreneurs, empower them because it takes money to transform dreams into reality. A nation wt more than a thousand youth awaiting empowerment only to wake up n c that 26 is wat d gov can fund. too bad

Evil, Scam, I just hate this Govt, I just hate this situation........I wasted my time, efforts and energy attending boring lessons, with them teaching me what I already know, wasted my precious time drafting a business plan with sleepless nights drawing up Income statement, Cash flow analysis and Balance sheet statement....I wish I call a conference for CBN & Heritage Bank to meet..Then Bomb the whole building...I'm breaking their useless verve card right away......Rubbish!!!!

Here's a big scam....

What YIEDP said when we were filling forms and during the training was that only NYSC discharge certificate will stand as loan security. Now there is even nothing like NYSC in their evil 22point criteria.
I think only the 26 people will be given less criteria and funded, all other people that got the message after we complained re just been deceived. The list of criteria is to scare you off

doubleakins:
What YIEDP said when we were filling forms and during the training was that only NYSC discharge certificate will stand as loan security. Now there is even nothing like NYSC in their evil 22point criteria.
I think only the 26 people will be given less criteria and funded, all other people that got the message after we complained re just been deceived. The list of criteria is to scare you off

What are these criteria?