Why Nigeria is losing its smartest people (and how to fix it)

In this podcast episode, we discuss the current socio-economic challenges facing Nigeria, including its decline from being Africa's largest economy, the broken education system, high unemployment rates, and the brain drain of professionals seeking better opportunities abroad. The dialogue touches on the healthcare crisis, the impact of minimum wage on living standards, and the resilience of Nigerians who adapt to life in other countries. The conversation emphasizes the need for government investment in education and healthcare, as well as the importance of visionary leadership to address these pressing issues.

We discuss the impacts of brain drain in Nigeria on hiring. How do employers adapt to employees relocating abroad in huge numbers. Currently, Nigeria has it's worst brain drain in history; many relocating from Nigeria to Canada through the Canada express entry, obtaining Canada PR (permanent resident in Canada). Others relocating from Nigerian to the US. Japa from Nigeria as often referred to, the Canada immigration story or American immigration experience is reeking havoc on Nigerian labor market. This is causing labor shortage in the IT industries and among Nigerian doctors.

Are you curious to know about Nigeria; once the largest economy in Africa, but became the 4th largest economy in Africa within two years. Nigeria economic crisis has also sparked protests in Nigeria in 2024. Largely, Nigeria hunger crisis, gave rise to the Nigeria hunger protest, due to extremely high inflation in Nigeria, rising food prices in Nigeria, food security, Boko Haram insurgency in Nigeria, Nigeria healthcare crisis, and a broken educational system in Nigeria.

We did not only discuss the data, we lived through it and we share some of our personal stories on this episode.

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#shorts #nigeria #nigeriaeconomy #nigerianindiaspora #resilience

00:00 Coming up
02:07 How Broken is Nigeria's Living Conditions
04:24 Investments in Education in Nigeria
08:53 Nigeria's Economic Decline and Social Issues
10:14 Nigerian Population, The Education System and Its Challenges
16:43 Minimum Wage in Nigeria
20:09 Nigeria Inflation rate, Employment Crisis and Unemployment Data
25:03 How Poor Nigerians Remain in Poverty
30:18 Nigeria Brain Drain and Its Impact on Nigeria
40:07 Healthcare Challenges in Nigeria and Migration of Professionals
48:26 Resilience in Nigeria: A blessing or a Curse
58:42 These 3 Things Can Make The Poorest Person Successful
01:01:55 What To Do When You're Studying a Program You Dislike

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🤯The Nigerian brain-drain crisis from human resources perspective.