We thought the generator rope cut after dragging Moniepoint, but Fintech companies didn’t know that Nigerians were just getting started with them.
For about 4 days now, Moniepoint has been trending because of a speech made by the CEO of Moniepoint, where he said Nigerian Talents do not meet the global standard.
The statement has been a topic of hot discourse especially on Twitter (X), with people debating everything from hiring culture to the state of Nigerian tech talent.
But guess what… the anger didn’t end at just Moniepoint.
Opay, Palmpay, FairMoney and many others entered the group chat, and the conversation has now shifted from a CEO’s comments to the bigger problem many people say exists inside Nigeria’s fintech industry.
We didn’t see this coming!
According to several people online, many fintech staff are expected to deliver “global standard” results while earning salaries that are nowhere near global standard themselves. Others shared stories about unrealistic KPIs, intense workloads, extra work hours that are not being compensated for, and salaries that allegedly do not match the pressure
That’s when the internet basically said: “You cannot demand Silicon Valley performance with survival-level pay.”
For many Nigerians on X, the issue is no longer just about a statement from Moniepoint’s CEO, it has now become a larger conversation about salary structure in fintech companies in Nigeria, workplace culture, and whether startups are truly investing in the same talent they claim they cannot find.
At this point, companies in Nigeria are probably learning the hard way that once Nigerians start dragging one company, everybody else should prepare their PR statement in advance because this conversation has clearly moved beyond Moniepoint, and Nigerians are now asking a bigger question: if the expectation is global standard, shouldn’t the salaries be global standard too?
