Tosin Eniolorunda, the CEO of Nigerian fintech giant Moniepoint, has sounded an alarm over the dwindling quality of local talent, revealing that his company currently has 500 job openings it cannot fill.
Speaking at The Platform Nigeria on May 1, 2026, Eniolorunda expressed frustration over the gap between local graduates and global industry standards.
Despite a corporate decision to hire exclusively from Nigeria, the CEO noted that the company is struggling to find candidates with the necessary skills and mindset.
He attributed this decline to a combination of the "japa" wave (brain drain), structural failures in the education system, and a shifting societal focus toward quick wealth and internet fraud.
“The level that people are reasoning in this country is not as high as it used to be,” Eniolorunda remarked, adding that the influence of social media is reshaping youth ambitions negatively.
According to Qubes Magazine, Moniepoint's struggle reflects a broader crisis in Nigeria's tech ecosystem, where rapid growth is outpacing the supply of qualified software engineers and product managers.
Eniolorunda urged for an urgent investment in human capital and a cultural shift back toward sustainable career development to harness the potential of Nigeria’s 200 million citizens.
#Moniepoint #TosinEniolorunda #TechTalent #NigeriaYouths #Fintech #Japa #Employment #ThePlatform
Published by Qubes Magazine
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