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Brain Drain is Really Brain Gain in Greece

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Brain Drain

By Dimitris Tsingos, Founder, Starttech Ventures

The tech talent shortage in Greece is often blamed on the so-called “brain drain”. But I see nothing wrong with software engineers from Greece moving to other countries and exploring opportunities there.

It is a necessary step for progress, development, and modernization, writes Dimitris Tsingos, Founder of Starttech Ventures, a Greek network of start-up companies.

The so-called brain drain has been observed in many countries, not just in countries in the Middle East and Africa but also in my country Greece. Hundreds of thousands of highly skilled young professionals have migrated after the financial crisis in search of better prospects in more developed economies.

The real problem lies in the unidirectional nature of the flow; many skilled workers leave, and fewer are coming to our countries to work in them.

Traditionally “brain drain” has been considered quite a significant problem. To put it simply, it is thought to be wrong. What if we looked at it from another perspective? Could this phenomenon bring something good? Could we talk about “brain gain” instead of “brain drain”?

Countries that have continuously experienced high economic growth, such as China and India, demonstrate that the mobility of a high-skilled workforce can play a decisive role in improving the home country’s economy. And on top of that, modernizing its society.

You see, many of them will finally return home. Others will stay there and act as ambassadors and ‘bridges’ between the home and the host nation. Also, many send money home to their families (called remittances). As the world bank states: “there is strong and unambiguous evidence that supports the argument that remittances alleviate poverty in developing countries.”

Many studies also show that diversity in the form of people from different walks of life, with different experiences and networks from other countries, helps companies grow faster and find new opportunities. Many of our companies witness that the diversity in their teams contributes immensely to the company’s creative output.

It is just a different point of view: The mobility of people is in many ways good for the world! When mobility increases, new opportunities will present themselves while old ones disappear.

At Starttech Ventures, we recognized the power of “brain gain” long ago. In our portfolio companies in Athens, we already employ individuals of more than twelve nationalities who, for various reasons, decided to move and work here. And we encourage people to see opportunities in other parts of the world. So, we would be happy for people from Greece to find work in start-ups in different countries and vice versa. That would make us learn more from each other and strengthen ties between our countries, helping both economies grow.

I firmly believe that there’s no reason for our countries not to be able to attract skilled workers that want to live and work in them. There are many fabulous places worldwide with a booming tech scene, and we should help more people worldwide know about the opportunities we provide. And we could work together to do that.

Thus, we are proud to announce the Work-in-Greece initiative, which aims to support the relocation of innovative Software Engineers that want to work in Greece. And, with that, build stronger ties and collaborations between companies in both countries to mutually benefit all societies!

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NAHCO Says Strike Didn’t Cause Major Business Loss, Plans Salary Increment Dialogue With Workers

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Nahco aviance

The Nigerian Aviation Handling Company Plc (NAHCO) has stated that the industrial action recently embarked on by airport workers did not cause a great loss in the sector.

It assured that negotiations on the agitation for salary increment for workers would begin on Wednesday, January 25, 2023 to Saturday, January 28th, 2023.

Investors King recalls that in the early hours of Monday, January 23, 2023, both local and international airports were shut down and flights grounded due to the strike of some aviation workers but at about 3pm that same day, the strike was called off and work continued. 

In a press statement obtained by Investors King on Wednesday, signed by the Company Secretary, Dikko & Mahmoud Solicitors, Bello Abdullahi, clarifications were presented on what transpired.

Abdullahi explained that the industrial action was embarked on by some members of staff of the National Union of Air Transport Employees (NUATE) and Air Transport Senior Staff Services Association (ATTSSSAN) to request for salary increase and protest NAHCO Management as touching their demands.

According to him, their action was in violation of the pronouncement by the National Industrial Court on 20th January 2023.

“The withdrawal of services by the striking workers led to NAHCO Plc’s inability to provide service to our client airlines. The resultant effect was that scheduled flights were unable to operate from our airport stations across the country, thereby leaving passengers stranded across the various airports,” he stated.

Abdullahi disclosed that a meeting was held by the NAHCO Plc management, the affected unions, the Federal Airport Authority (FAAN), the Nigerian Civil Aviation Authority (NCAA), the Department of State Security (DSS) and other stakeholders at NAHCO Plc Head Office in Lagos on Monday.

He highlighted the resolutions enacted at the meeting as:

  1. The discontinuance of the suit filed against the NUATE and ATTSSSAN unions at the National Industrial Court.
  2.  Issuance of a counteroffer to the Union’s demands by the NAHCO Plc Management before close of business of Monday, January 23, 2023.
  3.  Commencement of negotiations on salary increment on Wednesday, January 25, 2023 and conclusion by Saturday, January 28th, 2023.
  4.  The immediate resumption of all staff to work.
  5. Non-victimization of staff due to participation in the strike action.

The Company Secretary then assured the public and shareholders of the organisation’s commitment to quality delivery of aviation services.

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Passengers Stranded as Local, International Airports Officials Embark on Strike

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Nahco

In the early hours of Monday, aircraft commuters were stranded as the Nigerian Aviation Handling Company Plc (NAHCO) commenced industrial action over workers’ salary increase.

Investors King reports that several local and international airports were closed down leaving the passengers outside and unattended to.

This was observed at Murtala Muhammed Airport Terminal Two, (MMA2) Lagos, Murtala Muhammed International Airport, (MMIA), Air France/KLM, Qatar, Ethiopian Airlines, Delta Airlines, Virgin Atlantic, Turkish Air and some others where NAHCO handles check-in, boarding and ramp services.

Passengers have lamented the situation, saying that no information, notice nor emails were sent to them to inform them ahead.

One of the international airport customers, Alex Nwuba who already booked a flight to Qatar, said he was disappointed when a member of NAHCO staff told them that they will not attend to any passenger because they are on strike.

He said the Qatar flight he ought to board already landed in the morning but has flown to Doha since there is no body to handle it.

Travellers whose flights have been delayed or rescheduled called for urgent attention to forestall further grounding of flights.

Investors King learnt that the NAHCO management had a meeting with its staff on Sunday before embarking on the strike action on Monday. 

According to an aviation analyst, Daniel Young, the situation will result in enormous financial losses by passengers if not solved timely.

“These individuals who pepertrate these actions are obviously oblivious of the long term efffects of some of those insensitive decisions they take. This behaviour by NACHO staff portrays the company as one whose self distruct code is activated. Even more so, it affects the overall perception of the country and the aviation industry,” he said.

Young urged the federal government to intervene before the matter gets out of hand as the country is currently going through a lot.

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Nigeria Immigration Builds New Passport Office in Abeokuta

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international-passport

To ease the current passport collection difficulties experienced by Nigerians, the Nigeria Immigration Service has begun the construction of the Abeokuta passport office in Ogun State.

The Immigration Service Public Relations Officer, Deputy Controller, Tony Akuneme, in a statement, noted that the Comptroller General of Immigration, Mr. Isah Idris, laid the first bricks for the construction.

According to the statement, this was part of the Comptroller General’s tour of Immigration formations in Zone A comprising Lagos and Ogun states.

Mr. Idris while laying the bricks for the new office reiterated that he intends to end the hardship on passport collection as he said the new office is coming timely, and that on completion, it would enhance passport processing and production.

“Part of my agenda is to make passport acquisition seamless. And the only way we could do this is to improve, build the structures, and equip it so that Nigerians can get these services seamlessly without tears. This is indeed a timely project for upgrading our service delivery to the people of Ogun State and Nigeria as a whole.

“This development will surely enhance passport processing and production in the Gateway State. I congratulate the personnel of the Ogun State Command of the NIS, and I can assure that this project will also help them deliver optimal service to the people of the state at all times.”

As part of his tour of the state command, the immigration boss also paid courtesy visits on the State Governor, Mr Dapo Abiodun, and the Alake and Paramount ruler of Egbaland, Oba Adedotun Gbadebo, thanking them for their support to the NIS as he also lauded the people of the state for their support to the immigration service and urged them to always stand for the progress of the nation.

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