Eniolorunda noted that the quality of available candidates does not meet global standards. He expressed concern about the growing appeal of internet fraud among Nigerian youths. The CEO pointed out that many young people see quick money as an attractive alternative.

He attributed the talent gap to structural issues within Nigeria’s education system and changing societal values. Eniolorunda identified the migration of skilled professionals, often referred to as “japa,” as a significant factor contributing to this shortage.

Key factors contributing to the talent shortage:

• The quality of candidates does not align with global expectations.
• Structural issues in the Nigerian education system hinder workforce readiness.
• Societal values have shifted, influencing career choices among youth.
• The trend of skilled professionals leaving the country exacerbates the issue.

Eniolorunda emphasized the need for investment in human capital development to effectively address this talent gap. His remarks were made during an event called The Platform Nigeria, which focuses on national development initiatives.

The level that people are reasoning in this country is not as high as it used to be, he remarked. This statement underscores the urgency for educational reform and better preparation for young professionals entering the job market.

In a country of over 200 million people, there are many alternatives to becoming a ‘big boy’ or chasing quick money, he added. This highlights the potential for change if proper guidance and opportunities are provided.

The post Tosin Eniolorunda: Addressing Nigeria’s Talent Shortage appeared first on Toprecruitment.

On May 1, 2026, Eniolorunda stated that Moniepoint will prioritize hiring locally. The company aims to source talent within Nigeria despite facing challenges. He noted that many available candidates do not meet Moniepoint’s global standards.

Eniolorunda attributes this talent gap to significant weaknesses in Nigeria’s education system and shifting social values. He expressed concern over the migration of skilled professionals, commonly referred to as “japa,” which has left a void in the local workforce.

The situation is compounded by societal pressures that encourage quick financial gains. According to Eniolorunda, “In a country of over 200 million people, there are many alternatives to becoming a ‘big boy’ or chasing quick money.” This environment discourages commitment to long-term career development.

The issue extends beyond just Moniepoint. Other companies also struggle with similar challenges in securing qualified talent. Eniolorunda remarked, “Not only could we not find people at the quality and the quantity we needed, the few people that we found were not up to the global standards that we need.” This reflects a broader trend affecting various sectors in Nigeria.

In an unrelated incident, Uchenna Akpa mistakenly transferred N1.67 million to a Moniepoint account on September 7, 2024. The transfer was reversed on April 13, 2026—19 months later—highlighting potential issues within financial systems as well.

The challenges faced by Moniepoint underscore the urgent need for improved human capital development in Nigeria. As companies grapple with filling job vacancies, the implications for economic growth and stability become increasingly significant.

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