I used to feel Nigerians are really bright. We have had over 500 vacancies since 2024, and we are still struggling to find Nigerians to fill those roles. They don’t meet global standards. I blame social media, yahoo & hook up culture

Moniepoint CEO Tosin Eniolorunda has said his company has struggled since 2024 to fill more than 500 vacancies due to a shortage of Nigerians meeting global standards..

Eniolorunda attributed the hiring difficulties partly to what he described as distractions from social media, internet fraud activities commonly referred to as “yahoo,” and hook-up culture.

According to him, these factors contribute to a workforce that may not be adequately focused on developing the technical and professional skills required to compete globally.

Moniepoint, a Nigerian fintech company specializing in payments and financial services, has grown significantly in recent years and operates in a competitive technology-driven market.

The company’s recruitment challenges highlight broader concerns about talent supply in Nigeria’s rapidly expanding tech ecosystem.

However, public reactions to the CEO’s remarks have been mixed. Many social media users pushed back, questioning whether the issue lies solely with workforce readiness.

Some asked about salary levels, working conditions, contract structures, and whether companies are investing enough in training and mentorship programs to develop talent internally.

Others pointed to brain drain as a major factor, noting that many highly skilled Nigerian professionals relocate abroad in search of better pay, stability, and work environments.

Some commenters argued that education systems and industry demands may be misaligned, creating gaps between academic preparation and practical job requirements.

A number of replies also emphasized that hiring challenges are not unique to Nigeria, as global tech companies frequently compete for a limited pool of experienced professionals.

They suggested that companies may need to adjust expectations, invest more in upskilling, or improve compensation packages to attract and retain talent….See More