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Home Opinions & Perspectives

“Drop Out, It’s a Scam” Why Njoku Emmanuel of LazerPay No Longer Believes That

by Ifeanyi Abraham
May 28, 2025
in Opinions & Perspectives
Reading Time: 4 mins read
Techsoma Africa

The Nigerian tech founder who once swore by dropping out now says university might be the smartest hack; here’s why.

When Njoku Emmanuel, 21-year-old former CEO of Lazer Pay, now co-founder of Metastable Labs and builder of Liquid, tweeted that he no longer thinks dropping out of school is smart advice for Nigerians, it rattled a generation raised on hustle culture.

4 years ago, I’d tell every Nigerian: ‘Drop out, school is useless.’
Today? My perspective has completely shifted.”

In a world where “escape the 9–5” and “school is a scam” dominate timelines, Njoku’s turnaround forces a rethink. Not because he’s abandoned ambition, but because he’s reframed access as the real privilege, not just raw talent.

Why He Dropped Out And Why He’s Rethinking It

Born and raised in Nigeria, Njoku didn’t have the safety nets most Western dropouts enjoy. No VC neighbours. No fast WiFi. No Stanford alumni mixers. No open doors.

I didn’t have a plan B but to make it. Not make it in the Nigerian context but be so good that I could compete globally.”

That meant working 10x harder than peers in tech ecosystems like San Francisco or London. While others iterated on startup ideas in dorm rooms with fibre-optic internet, Njoku fought through power outages, poor infrastructure, and zero proximity to global opportunity.

The Realisation: It’s Not About School. It’s About Positioning

Njoku’s pivot in thinking came while listening to a podcast with Reid Hoffman and Steven Bartlett. One quote stood out:

Any great achievement also has luck… one of the basic kinds of luck is exposure and connection to Silicon Valley.”

It hit home. A kid in Manchester has a higher chance of playing Premier League football than a similarly talented kid in Lagos. Why? Luck surface area.“Your zip code = your opportunity set.
Your network = your net worth.
Your environment = your ceiling.”

For Nigerians, school isn’t always about education, it’s a launchpad. A visa. A delay tactic. A leverage play. A relocation ticket.

Sometimes, School Is the Smartest Strategy

“The easiest way to relocate out of Nigeria today is through school. So be the best. Get a scholarship. Study in the best universities.”

For many, that means staying in school isn’t selling out, it’s smart positioning.

Njoku knows the data. He can count on one hand the number of Nigerian dropouts his age operating at his global level in crypto, AI, or tech product. And he’s the exception not the rule.

From Philosophy to Product: The Liquid Vision

At Liquid, Njoku is architecting a new layer of on-chain intelligence where agents evolve, adapt, and act through natural language and memory.

“Liquid is more than automation. It’s a new layer for expressing logic, memory, and goals onchain — where every agent becomes a living, evolving system.”

It’s what Njoku did for his own life. He didn’t have exposure. So he built it.

The Takeaway: Don’t Copy the Blueprint. Understand the Battlefield.

Sometimes, staying in school isn’t about the lectures. It’s about buying time to position yourself where luck can find you.”

For Nigerian youth, the message is clear:

  • Talent alone is not enough.
  • Play the game. Play the geography.
  • Maximise your luck surface area.

Because in a rigged world, the smartest move may not be dropping out — but dropping in… with a plan.

This article was rewritten with the aid of AI 

At Techsoma, we embrace AI and understand our role in providing context, driving narrative and changing culture. 

Ifeanyi Abraham

Ifeanyi Abraham

Ifeanyi Abraham is a communications strategist, AI product specialist, and award-winning journalist shaping narratives at the intersection of technology, media,...

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