₦airaland Forum

Wickedtruths:
Nigeria has them plenty and Moniepoint is not willing to pay them.

Opay has already started poaching tons of Moniepoint staff. Moniepoint was throwing tantrums and sued Opay.

Opay is owned by Chinese but they are hiring Nigerians to run Opay. But fat-lipped sweater - wearing morsel of eba is saying Nigerians aren't employable.

😂😂😂😂

Wickedtruths:
Maybe you are used to people working in bakeries, foundries or digging trenches.

The Chinese usually take about 2 weeks off for the Chinese new year holidays.
Is there any holidays Nigerians take 2 weeks off for?

Every job requires an employment contract. Every job.
Contracts are to regulate things like this.

Check my inital post. I have corrected it.
Well, I know a bit about China. I have travelled around there a bit. There is a reason they have such forced holidays. A lot of Chinese workers live in their factory complexes and all they do all year round is work and work. Some dont step out of their gates until those forced holidays happen. Their government has to give holidays so that people can go out and use up their savings! That helps to have some tuirnaround in their financial sector. There is a lot about China you cant discuss here. Their work ethics cant be matched anywhere.

CodeTemplar:
Does any Nigerian school/uni offer courses in Nanotechnology for example? How will a Nigerian trained personnel apply for that role?

So, the 500 available slots are for Nanotechnologist?

Na one of the people hin dey talk about be dis.

It is not enough to have the English to comment. It is more important to know what to say.

CodeTemplar:
Does any Nigerian school/uni offer courses in Nanotechnology for example? How will a Nigerian trained personnel apply for that role?

Even if you graduate from Oxford University as nanotechnologist, you think you can work into company and start doing the work effectively without thorough training either in Nigeria or abroad?

Meanwhile a brilliant graduate of Physics or Computer (science/engineering)/or even Mathematics from any university in Nigeria will do it conveniently,.....if the company ready to train and retrain him/her

Don't let the word nanotechnology makes you shivering.

Dee60:
MoniePoint CEO is not just talking about talents but taents that can compete in the international space. You find senior managers in Nigeran banks go to the UK or Canada and find it hard to fill any senior roles there. Our people are ambitious and can work hard but we must admit that our educational institutions need to work harder to prepare their students for the global workplace. Again, you cannot blame them. When you pay a professor N5million per annum, how do yu want him to prepare a student to earn N50m? Our education needs a revamp! MoniePoint is competiting with OPay, a Chinese entity. Chinese people are groomed so hard for the workplace. They are hard to compete against. You see in some Asian countries like Japan, students go to school 7am to like 5pm. By the time they finish high school, you will think they are already in 2nd year of university. We shoud be thinking of stepping up!

This is on point. I have seen moniepoint vacancies before now and I know that the kind of people they're looking for are well groomed tech professionals. Nigeria's tech space doesn't have so many people who can fill these roles, that's the basic truth. How many of us can compete with tech professionals from other countries especially when the majority of us are going into tech to survive not for passion or anything else (just as long as it puts food on the table).
We, Nigerians, need to do more that's the honest truth, but the average Nigerian can't put in the hours to be well groomed in tech in this present economy, unless you have something tangible that's giving you money. How can you study hard for hours on your system when light no dey or you never know where the next food go come from. You rather see millions enroll in courses to study virtual assistance and other entry level roles just to survive.

ppogba:
So, the 500 available slots are for Nanotechnologist?

Na one of the people hin dey talk about be dis.

It is not enough to have the English to comment. It is more important to know what to say.

I used that as one example to illustrate a possible scenario that may just be playing out in some of those job role advertised.

Let him hold his work, there r many great hands work that wil give u gud monie than working for someone paying u penny. My own hand work I realize up to 850k-900k in a week sometimes in a month. Why I will now carry my B Eng in Electrical/Electronic working for moniepoint. The account am using to collect millions for materials monie from customer. Make d man go take apology from that his statement

Inability to fill up certain roles due to challenges in getting candidate with prefered qualities and qualifications is NOT enough to cast the entire generation of youth in a mold of lack of intelligence and laziness. Western countries employ Nigerians to fill certain high profile roles as well. Moniepoint CEO's grouse should be towards the system. As far as I am concerned Nigerian youths arre trying. Where are the qualified trained teachers, where are the well equipped science laboratories, what is the budget. All these has to be put into perspective before you use the youths to shine. What has moneypoint given back to society. How many selected youths have they offered to train. How many schools have they offered to support. Abegi!

Openair:
This is on point. I have seen moniepoint vacancies before now and I know that the kind of people they're looking for are well groomed tech professionals. Nigeria's tech space doesn't have so many people who can fill these roles, that's the basic truth. How many of us can compete with tech professionals from other countries especially when the majority of us are going into tech to survive not for passion or anything else (just as long as it puts food on the table).
We, Nigerians, need to do more that's the honest truth, but the average Nigerian can't put in the hours to be well groomed in tech in this present economy, unless you have something tangible that's giving you money. How can you study hard for hours on your system when light no dey or you never know where the next food go come from. You rather see millions enroll in courses to study virtual assistance and other entry level roles just to survive.

Hope you know those that are hot cake in Japa syndrome today are medical and tech professionals? and that, advanced countries are recruiting them en masse from Nigeria and India ?

Have you asked yourself? The way Canada and USA companies will treat tech-man from Nigeria, will money-point do just half of it?

Over 300 million people and you say there arent talents. Lol. There must be talents there.

eddie7:
500
Nigeria still has exceptional talent.

This I am not sure of. Exceptional? Ha ba! With the state of education here? Guys and gals dey delep themselves. Let's say average 10 people out of the whole set of students that did JaMB always find their way out to different nations and 2 are always exceptionally good. So, the few ones make Nigerians exceptional? So, Ngozi Iweale alone make the whole of Financial pepper exceptional? Make una dey hype una selves.

The bigger question is whether the system is developing enough of them, retaining enough of them, and positioning them properly for modern industry demands.
​
- Abiodun Adetula

These questions are irritating:

1. The system isnt developing at all. We are in the era of AI. Do we have any graduate of AI? Nothing. All Nigerians doing it are self developed. Thanks to Coursera, Udemy, EdX, etc.

2. Retain as in how when you no deynl produce. Abi una don hear anything meaning or genetical breakthrough in Naija? Lol.

3. Positioning as in how? Lol.

Dee60:
Who wants to work under Chinese employers? They can treat people like slaves!

For them to leave Moniepoint and go to Opay, it means Moniepoint are worse than the Chinese and treat people worse than slaves.

Fiscus105:
Hope you know those that are hot cake in Japa syndrome today are medical and tech professionals? and that, advanced countries are recruiting them en masse from Nigeria and India ?

Have you asked yourself? The way Canada and USA companies will treat tech-man from Nigeria, will money-point do just half of it?

Apart from healthcare professionals, how many other professionals hold a good position here, go over there and get that same position over there ? The numbers are low. Our present system doesn't create graduates that are globally competitive, that's a fact, there's no way to sugarcoat it.
Assuming monie point doesn't pay well is a fallacy people created to feel better about themselves.

Openair:
Apart from healthcare professionals, how many other professionals hold a good position here, go over there and get that same position over there ? The numbers are low. Our present system doesn't create graduates that are globally competitive, that's a fact, there's no way to sugarcoat it.
Assuming monie point doesn't pay well is a fallacy people created to feel better about themselves.

Read my comment properly, tech professionals are moving enmasse, most of them are working previously from banks and multinational companies.

Is money-point reach 1/2 of any conventional bank in Nigeria? Didn't they have department that tech experts working?

Is it not Nigerians they recruited to man the tech department?

Dee60:
MoniePoint CEO is not just talking about talents but taents that can compete in the international space. You find senior managers in Nigeran banks go to the UK or Canada and find it hard to fill any senior roles there. Our people are ambitious and can work hard but we must admit that our educational institutions need to work harder to prepare their students for the global workplace. Again, you cannot blame them. When you pay a professor N5million per annum, how do yu want him to prepare a student to earn N50m? Our education needs a revamp! MoniePoint is competiting with OPay, a Chinese entity. Chinese people are groomed so hard for the workplace. They are hard to compete against. You see in some Asian countries like Japan, students go to school 7am to like 5pm. By the time they finish high school, you will think they are already in 2nd year of university. We shoud be thinking of stepping up!

The problem is not Nigerians but the Nigerian economy. Most of those tools they use abroad charge in dollar.
We spend naira here so how do we use them?
When you go abroad and see the tools they use then you become a junior again.
I’ve made use of many US based tools and that will put me in a good position for Nigerian job.

He wants to pay mumu salary and expect grade A service, no be juju be that.

Tosin is so correct and spot on, this is the real reason Nigeria will not move forward. And I don’t blame people writing trash and abusing the CEO.

My story:
I travelled to Canada 2 years ago and trust me, the system is totally different.
They don’t have outdated courses in schools like Nigeria does.
- they work really hard and on a very strict environment, and you are paid by time. My first Job for canada was a night Job in Amazon were I worked 10 hours, I was only given 30 mins to rest twice, but I stood all night , unlike Nigeria, working ethics is very esteemed lightly, you can be gisting with your colleagues.
- except for health care which still have its problems, Nigeria universities recycle courses that are not relevant to their youth, my babe is studying history and diplomatic studies and I told her, that she just finished another secondary school and that some part of her brains die when she doesn’t use. It sounds like an insult but the Nigeria system really has a problem.


Now I know that it’s gonna get worse because Nigerians don’t even recognize it, so we become the problem.
An average Canadian starts hustling from age 15, some lower but Nigerians wait till they finish university when their brains are completely destroyed by the university(except for people that went to good schools and studied interactive courses and have good discipline)

blaise26abj:
I don’t fault Tosin in any way. He said the truth ! Even local skills are honestly lacking . There is a horrible brain drain happening in Nigeria . There is no transfer to knowledge and skills to the next generation in Nigeria . Even when there are , the youths are mostly not interested . They will rather be “social media “ influencers .

Everyone is leaving . Doctors , engineers , IT professionals etc . Can Tosin compete with the likes of google and other tech giants ? NO ! Those are the ones picking our skilled professionals with the incentive of relocation abroad . We need to build local competence and this generation will rather do hookup or become a social media nuisance than have a honest job .

Better pay is the solution to the brain drain in Nigeria, furthermore, hire qualified professionals, ensure proper systems to checkmate excesses of businesses in every sector and sub-sector of the economy and educational improvement. Don't employ people who don't have certifications in their field to run your business. Don't allow secondary school students to own certifications, look at CIPM AND ICAN for example, A secondary school student can be a certified accountant, I don't know which advance nation will allow such nonsense? in USA, CPA is the equivalent of ICAN, and according to its Wikipedia page, you can't become a certified accountant in usa without having a masters in accounting from a university in USA. All these and more are the reasons why our youths and graduates are under-employed

OverCalculating:
In as much as I appreciate the central message in this post, I don't really want us to take all the messages seriously because there is more to it than what is presented for us to read.

Please, my intention is neither to personally attack the writer nor the poster but to let us think deeply and look at the bigger picture.

Are you aware that recently, Opay is listing on the USA stock exchange, claiming to worth over $4 Billion in value? Not only Opay, the same pattern is observed with Moneipoint, Flutterwave, Paystack and even Jumia (our popular e-commerce platform). This are companies that started operating in Nigeria not up to 10 years now.


Now, the question is, what do these companies have in common? They all started from Lagos, Nigeria and they grew so big that they believe it is very difficult for Nigeria to handle them anymore. They have forgotten that we made them who they are today, so instead of listing on Nigeria Stock Exchange, then enable Nigerians to benefit from investing in their stocks, they decided to take the profit sharing abroad. It is a long story, in case you need more information on this, I implore you to do your research.

Now, back to the Fintech and the case of unemployability of Nigerians. This is not a new thing globally. This is the same lie that many companies lie anytime they want to attract investors. They will roll out recruitment campaigns and create the feeling that they want to expand. Some may even advertise that they are recruiting 5000 employees nationwide. It is a lie, they want foreign investors to commit more funds in their business expansion. We all know the business model of Opay, Moneipoint and other new Fintechs that I mentioned above, they do not need to employ more people to run their business effectively. They are already running billions on transactions with a very minimal number of staff...so what is the need to recruit more people?

The way forward shouldn't be for us to accept their lies that our people are not employable. Instead, let's do what the UK government did to Uber and Lyft. Let's ask our government to compel them to be flexible with their recruitment and operations to absorb more Nigerians into the system and let their tax be reviewed accordingly.


Thanks so much for understanding. I come in peace ✌️.

Well submitted response

Omowale2023:
Better pay is the solution to the brain drain in Nigeria, furthermore, hire qualified professionals, ensure proper systems to check mates businesses, and educational improvement. Don't employ people who don't have certifications in their field to run your business. Don't allow secondary school students to own certifications, look at CIPM AND ICAN for example, A secondary school student can be certified accountant, I don't know which other advance nation will allow such nonsense, in USA, CPA is the equivalent of ICAN, and according to its Wikipedia page, you can't become a certified accountant in usa without having a masters in accounting from a university in USA. All these and more are the reasons why our youths and graduates are not under employed

Better pay is truly needed but can they afford it ? If they put that cost on the customers or consumers will they pay? Our purchasing power is quite low in Nigeria . Look at Netflix and other US based services in Nigeria . They have different packages for us because we cannot afford theirs .

This Tosin thinks competence in Nigeria ended with him, to him he is the only smart and entrepreneurial Nigerian alive

He should rest, just like God told Elijah, there are even more than a thousand brainy and enterprising Nigerians cooking the next big startup to come out of Africa

Wickedtruths:
Nigeria has them plenty and Moniepoint is not willing to pay them.

Opay has already started poaching tons of Moniepoint staff. Moniepoint was throwing tantrums and sued Opay.

Opay is owned by Chinese but they are hiring Nigerians to run Opay. But a fat-lipped sweater - wearing morsel of eba is saying Nigerians aren't employable.

Tech bro that looks like a middle aged man with 5 children

Omowale2023:
Better pay is the solution to the brain drain in Nigeria, furthermore, hire qualified professionals, ensure proper systems to checkmate excesses of businesses in every sector and sub-sector of the economy and educational improvement. Don't employ people who don't have certifications in their field to run your business. Don't allow secondary school students to own certifications, look at CIPM AND ICAN for example, A secondary school student can be a certified accountant, I don't know which advance nation will allow such nonsense? in USA, CPA is the equivalent of ICAN, and according to its Wikipedia page, you can't become a certified accountant in usa without having a masters in accounting from a university in USA. All these and more are the reasons why our youths and graduates are under-employed

There are different paths to ican or cpa qualifications not just bsc and msc

Openair:
This is on point. I have seen moniepoint vacancies before now and I know that the kind of people they're looking for are well groomed tech professionals. Nigeria's tech space doesn't have so many people who can fill these roles, that's the basic truth. How many of us can compete with tech professionals from other countries especially when the majority of us are going into tech to survive not for passion or anything else (just as long as it puts food on the table).
We, Nigerians, need to do more that's the honest truth, but the average Nigerian can't put in the hours to be well groomed in tech in this present economy, unless you have something tangible that's giving you money. How can you study hard for hours on your system when light no dey or you never know where the next food go come from. You rather see millions enroll in courses to study virtual assistance and other entry level roles just to survive.

The few that are available know their worth and wont take peanuts for their hardwork
Will you see microsoft and choose moniepoint

I have seen many articles about employees of flutterwave praising their salary structure
They will always pay more than you expect


Why is flutterwave not having the same problem as him
Is he the only one in Nigeria

Imo He isnt to be taken seriously

RHCM:
Before you crucify the CEO
Ask yourself this simple question
How many young Nigerians are ready to work?
Also what certification do you have to take up those required openings?
Finally what's the pay for the respective jobs that are open?
Once we get these right we would be putting right cubes in right holes and not otherwise
Let's not bring emotions to this
If you're qualified apply and work
Don't follow the unqualified to accuse someone whom may be your destiny helper

The CEO is not absolutely right though he raised some important points. Our school syllabus needs to be reviewed. Our youths also needs better exposure. But let us cut the youths some slack. There are brilliant Nigerian youths doing well home and abroad.
When Shell, Chevron and oil companies came to Nigeria, they established training schools where graduates were trained. These people never complained about incompetence. Same thing with banks. Graduates are usually trained for months. These companies have training schools to bridge the gap.
Moniepoint as a company would need system engineers, etc. These skillsets are rare. How can you get these people ? You will need to train them. How many graduates has he trained ? In fact, those who meet the criteria, how many will he be willing to pay their worth ?

I deeply hate the way Nigerians title their writings. They all use the same format:

"A boy, a girl, and the meaning of life"

"Rice, stew, and the challenges of empty gas cylinders"

"A man, a dog, and the quandary of toothache"

"Wike, Fubara, and the weight of the crown"

It's so cringe, so bland, so generic and absolutely annoying.

Any article with this title format is guaranteed to be slop written by someone with an inflated sense of their literacy.

eddie7:
500 VACANCIES, NO QUALIFIED NIGERIANS?” I THINK THE REAL STORY IS DIFFERENT
​
Recently, Tosin Eniolorunda, CEO of Moniepoint, reportedly stated that the company has over 500 vacancies but strvggles to find qualified candidates in Nigeria.
​
The statement has generated serious debate.
​
Yes, Nigeria has real pr0blems:
weak educational systems, skill gaps, p00r practical exposure, and massive brain drain.
​
But let us be careful not to create the f@lse impression that Nigerians are not talented or globally competitive.
​
That would be INACCURATE.
​
Nigerians today work in some of the most demanding organisations in the world:
Google
Microsoft
Meta
Amazon
​
They are also leading teams in global consulting firms, investment banks, AI companies, engineering firms, healthcare systems, and research institutions across the world.
​
These are not environments where incompetence survives for long.
​
Interestingly, Strive Masiyiwa once spoke about the impressive quality of Nigerian talent they encountered while building Econet in Nigeria.
One of the widely shared stories from the Zimbabwean billionaire entrepreneur, founder of Econet Wireless, and one of Africa’s most respected business leaders, was that when Econet Wireless Nigeria (now Airtel Nigeria) launched, they received an overwhelming number of highly qualified Nigerian applicants and were impressed by the talent pool available. He described Nigerians as intelligent, ambitious, energetic, and highly capable people.
​
So perhaps the real conversation is not:
“Nigerians are not qualified.”
​
Maybe it is:
​
• skill mismatch
• changing industry needs
• brain drain
• unrealistic hiring expectations
• compensation issues
• or perhaps even some level of exaggeration to emphasise the seriousness of the hiring challenge
• and the widening gap between academic learning and practical capability.
​
Nigeria still has exceptional talent.
​
The bigger question is whether the system is developing enough of them, retaining enough of them, and positioning them properly for modern industry demands.
​
- Abiodun Adetula

Very True

vislabraye:
The CEO is not absolutely right though he raised some important points. Our school syllabus needs to be reviewed. Our youths also needs better exposure. But let us cut the youths some slack. There are brilliant Nigerian youths doing well home and abroad.
When Shell, Chevron and oil companies came to Nigeria, they established training schools where graduates were trained. These people never complained about incompetence. Same thing with banks. Graduates are usually trained for months. These companies have training schools to bridge the gap.
Moniepoint as a company would need system engineers, etc. These skillsets are rare. How can you get these people ? You will need to train them. How many graduates has he trained ? In fact, those who meet the criteria, how many will he be willing to pay their worth ?

Moniepoint is not a first class organization so they are getting what they really deserve. Nobody wants to work there that is the real reality.

CorperKola:
The few that are available know their worth and wont take peanuts for their hardwork
Will you see microsoft and choose moniepoint

I have seen many articles about employees of flutterwave praising their salary structure
They will always pay more than you expect


Why is flutterwave not having the same problem as him
Is he the only one in Nigeria

Imo He isnt to be taken seriously

Well said

Lovit:
This Tosin thinks competence in Nigeria ended with him, to him he is the only smart and entrepreneurial Nigerian alive

He should rest, just like God told Elijah, there are even more than a thousand brainy and enterprising Nigerians cooking the next big startup to come out of Africa

Omo this your post should make front page alone with no other post to block it's glory. Moniepoint no be am. Even Ikeja Electric is better run

blaise26abj:
Better pay is truly needed but can they afford it ? If they put that cost on the customers or consumers will they pay? Our purchasing power is quite low in Nigeria . Look at Netflix and other US based services in Nigeria . They have different packages for us because we cannot afford theirs .

No bro it's never about purchasing power it's about Expansion into different terrain to saturate all markets so that you can make from both the rich and the poor. Any company that wants to expand and pay well has to decompartmentise it's self. Look at Elon musk going into so many areas. That's what killed Blackberry and Nokia they stood on the same spot and others overtook them. Nokia should have gone into wallets. I trust Itel. Itel has gone into electrical equipment supply and they now make light bulbs and sockets for homes. China no dey carry last

Tosin also says young people are exposed to negative things on social media. This is surprising coming from someone whose Moniepoint company paid 1billion Naira to sponror Big Brother naija.