FINTEL Frank Talk – DAY 7 of 10



A certificate is a document containing a certified statement and serving as evidence that a person hes completed an educational course.

Up until the information age, it was the deciding factor that determined whether one gets a well-paid job or not. As such, students are determined to spend lots of money to obtain the highest certification or degree possible in their course of study.

While this is quite commendable, the numbers don’t seem to add up anymore. Today, anyone with a laptop and internet connection can earn more than a Professor of Law.

It appears the much-hyped certificate is losing relevance in this information age.


I am delivering today’s Talk on the premise that you have put so much hope in that piece of paper called certificate that you have missed the essence of going to school which is to “study”!

If that is the case. Did You Know?

¶ Over 400,000 graduates are churned out of our tertiary institutions yearly in Nigeria.

¶ Out of this number, 75% remain unemployed while 25% get jobs.

Now, of the 25% that get jobs, 15% will earn between N15,000 to N50,000, 6% earn between N50k – N200k.

¶ Only 4% will get their dream jobs that they are truly happy with.

¶ Nigeria’s unemployment rate rose to 14.2 per cent in the fourth quarter of 2016, according to the National Bureau of Statistics (NBS).

¶ Robots and AI are taking over jobs at an unprecedented rate. So many skills thought in school are now becoming obsolete and so are the certificates.

¶ Last year we witnessed mass sacks in the Banking and Oil/Gas sectors due to the new Forex policy.

¶ So many retirees are complaining of not receiving their full retirement benefits after more than 5 years of retirement from the civil service (my mum is affected)

So, seeing this Stats answer me…How secure is your job from retrenchment?

How guaranteed is your Certificate to land you your dream job?


I got an interesting article in circulation within one of my business groups some months ago and I adopted it to share on my blog. The original Author is unknown but the message is as valid as ever. It says:

Most of the educated people in Nigeria are poor. Majority of the educated earn less than N55,000 for a salary before tax and other deductions. When the deductions are put into consideration, the net salary comes to around N50,000. The net salary then suffers from loan deductions of up to N15,000 leaving the salary at around N35,000. The landlord then demands his N15,000 and monthly shopping takes away N10,000 leaving one with a N10,000. The bus will demand N300 going to and from work and relatives get another N2,500. The whole salary is gone and “borrowed money” starts operating. The borrowed money includes short loans and salary advances.

The difference between poverty and prosperity is Property. A prosperous person has property or assets to his name while a poverty-stricken person has no assets to show.

Using this understanding, therefore, can you see why most of the degree holders are poverty-stricken, borrowing money to buy chicken and chips, pizza, and a car?

The biggest excuse for getting paid such low amounts of money and having to sit and work for another person for 30 days is THE DEGREE that one possesses and that’s all. This has made most of the degree holders very poor to poverty-stricken and will die that way most likely.

A degree holder does not know how to generate money unless that money is generated for the employer. A degree holder is so dependent on the salary that he can do anything to get a job but will not think of starting a business of his own to create wealth and employ others.



1. A degree holder is not prepared to sell chips but is very happy to work for hungry lion (companies).

2. A degree holder is not prepared to sell popcorn in the street but is very happy to work for Dangote outlet in the city and mum river-sides.

3. A degree holder is not prepared to sell second-hand clothes but is very happy to be employed by Zenith Bank which the business of selling stocks and looking for customers in a scorching Sun.

4. A degree holder is not prepared to make N150,000 monthly doing his own business but is very happy to work at the till in a bank getting paid N25,000.

5. A degree holder is not prepared to start a company and grow it in two to three years but will spend three years searching for a job.

6. A degree holder is not prepared to sell food to students but will be happy to be reporting to a boss with no qualifications as Office Assistant as long as he is paid N30,000 for a salary.

7. A degree holder is so eager to get out of this country and work in another country than spend the time to develop his own country.

8. A degree holder staying in a foreign land (Nigerian) is very keen to condemn Nigeria but never contributing to the development of this country.

9. A Nigerian degree holder would rather sweep the streets of London or USA than start a business to make money in her fatherland – others work in people’s homes doing some work (cleaners).

10. A degree holder in Nigeria will watch porn on his laptop but never sit to write a book using the same laptop to sell and make money.

11. A degree holder will blame the government for lack of jobs even after he was on government bursary for him to have his degree.

12. Nigeria is blessed with young people who have a Master’s degree and others are Doctors in different technical fields such as IT and Engineering but all of them have failed to create a cartoon character or develop a movie from the same instead they’re very happy to buy Tom and Jerry for their children thereby promoting American and UK.



It’s because they have decided to pride themselves in a degree and failed to think better than a man who does not have even a certificate to his name.

Degree holders spend their time liking articles on LinkedIn and Facebook but never have any care in the world to implement what they like.

Poverty starts from the mind, a mind that just likes things but never to implement those things.

If you want to progress, keep that degree and “start thinking” better than someone without a degree.

There’s no white collar Job anywhere, bro!

Be prepared to get your hands dirty and work like an ox for your business. Your hard work will pay off.



The Solution is INDUSTRY…

While fighting for your certificate, do not neglect to discover your passion, develop it and acquire some entrepreneurial skills that can make you self-independent with or without a job.

Now I understand that not everyone was cut out to be an Entrepreneur… However, while working on your 9-5 JOB, ensure to lay aside part of your Salary for Investment in long-term profitable ventures that you can fall back on no matter the weather.

If you want to be financially free in this 21st Century, your certificate is not enough. You need “SABIFICATE”. SABIFICATE means, what you do with what you know, the skills you have.

In conclusion my dear friend, in the real-life experience, your certificate is just a paper.

Do not limit yourself to only what you learnt in school. The school system only prepared you with a certificate to work, build another man’s business and depend on your salary forever. Unless you are Financially Intelligent, you’ll retire and die broke.

But with your SABIFICATE …..(what you do with your natural intelligence), you become an entrepreneur, build your own business, employ the best CERTIFICATE HOLDERS, live the life of your dream, develop wealth for even your 3rd generations.

The key to all these is Financial Intelligence. Seek it… Acquire it!

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