Nigeria’s Misplaced Priorities: Why Talent is Being Wasted

By Noel Chiagorom
As a nation, Nigeria is faced with a pressing issue that threatens to undermine its future prosperity. The country is home to a plethora of talented young individuals, brimming with innovative ideas and a passion for success. However, these budding entrepreneurs are being stifled by a lack of financial support, forcing them to abandon their dreams and seek opportunities abroad.
The story of Tosin Eniolorunda, the founder of Moniepoint, is a case in point. His vision was only brought to life through the financial backing of Olu Oyinsan, who invested $150,000 in his dream. This raises a poignant question: how many other talented individuals are being held back by a lack of funding?
The answer lies in our collective priorities. As a society, we seem to prefer investing in frivolities and vanity, rather than substance. The staggering sums of money spent on weddings, burials, and other ceremonies could be better channeled towards supporting innovative ideas and entrepreneurial ventures.
This phenomenon is not unique to Nigeria. However, the consequences of our actions are stark. Our brightest minds are fleeing abroad, seeking opportunities that are not available to them at home.
Those who remain are left to doubt their decision, frustrated by the lack of support and infrastructure to help them thrive.
The comparison with China and Western countries is instructive. These nations invest heavily in projects that drive progress and development, such as railways, infrastructure, and technological advancements. In contrast, Nigeria’s resources are often squandered on elections, lobbying, and other forms of selfish spending.
The result is a brain drain that threatens to undermine Nigeria’s future prosperity. As a nation, we need to introspect and reassess our priorities. We must recognize the value of our talented young individuals and provide them with the support and resources they need to succeed.
By doing so, we can unlock the full potential of our youth and create a brighter future for ourselves and generations to come. The time for change is now.