The Chief Executive Officer of Moniepoint, Tosin Eniolorunda, has raised concerns over the quality of job applicants in Nigeria, stating that many candidates do not meet global standards despite available opportunities.
Speaking on the company’s hiring challenges, Eniolorunda revealed that Moniepoint has had over 500 vacancies since 2024 but continues to struggle to find qualified Nigerians to fill those roles. According to him, the issue is not a lack of talent in theory, but a gap in readiness and competence required to compete at an international level.
He attributed part of the problem to the growing influence of social media trends and what he described as “yahoo and hookup culture,” suggesting that these distractions are affecting focus, discipline, and professional development among young Nigerians.
The comments have sparked debate across professional and public spaces, with some agreeing that there is a widening skills gap, while others argue that systemic issues such as education quality, unemployment structure, and access to training also play a major role.
Industry observers note that Nigeria’s tech and financial sectors have expanded rapidly in recent years, increasing demand for highly skilled workers in areas such as software engineering, data analysis, compliance, and operations. However, companies often report difficulty in recruiting candidates who meet required standards without extensive retraining.
Eniolorunda’s remarks come at a time when conversations around employability, youth development, and workforce readiness are gaining urgency, especially as more Nigerian companies aim to compete globally.
While the statement has drawn mixed reactions, it highlights a growing concern within the private sector about the alignment between available talent and the demands of a fast-evolving digital economy.
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