Avoid CEDF Fund Scams: Mgt Issues Fraud Warning to Applicants

The Creative Economy Development Fund (CEDF) is an initiative designed to support and empower Nigeria’s growing creative sector. However, cedf management stated that it has come to the attention of the Ministry of Art, Culture, and the Creative Economy (FMACCTE) and its partners that some individuals are attempting to exploit unsuspecting applicants by demanding payment for access to the fund.

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This is a fraudulent act. The public is hereby warned that CEDF does not require any form of payment for participation or access. Anyone asking you to pay for entry, registration, or processing is not acting on behalf of the CEDF or its recognized partners, management advised.

The Creative Economy Development Fund was established to nurture innovation, support creative talents, and boost economic opportunities across Nigeria’s creative industries. Its mission is to remove barriers, not create them. Falling victim to fraudsters not only risks your money but could also deny you the genuine benefits of the program.

What You Should Do

a. Stay Alert: Be wary of anyone requesting money for CEDF access.

b. Verify Information: Always check official announcements from FMACCTE and CEDF channels.

c. Report Fraud: If approached with such fraudulent demands, report immediately to the appropriate authorities.

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Remember, genuine opportunities do not require bribes or backdoor payments. Stay safe, stay informed, and protect your creative future.