’Why Nigerians are not feeling impact of economic reforms’

The President and Chairman of Council of the Chartered Institute of Directors (CiOD) Nigeria, Otunda Adetunji Oyebanji, has called on Nigerians to embrace responsibility, unity, and ethical leadership as the country marks its 65th independence anniversary.

Oyebanji, in his independence message, said the anniversary should not only be about counting years but should serve as a turning point for national renewal.

He urged leaders and citizens alike to ‘choose governance over impunity, accountability over corruption, and unity over division.’

Highlighting Nigeria’s progress over the years, he noted that the country has earned global recognition in arts, sports, technology, and entertainment, with young entrepreneurs and diaspora communities making significant contributions to its development.

The CiOD president commended the current administration for reform initiatives since 2023, including the removal of petroleum subsidies, efforts to unify the foreign exchange market, electricity sector reforms, and other interventions aimed at repositioning the economy.

He, however, warned that despite positive GDP growth, many Nigerians have yet to feel the impact due to inflation, rising living costs, insecurity, and infrastructure gaps.

These challenges, he said, can only be overcome through deliberate action rooted in transparency, accountability, and ethical leadership.

Reaffirming the commitment of the institute to national development, Oyebanji said the CiOD will continue to promote good governance and corporate leadership ideals in both public and private sectors.

‘Our institute remains a partner in the Nigerian project, working alongside government, the private sector, and civil society to build a nation worthy of its potential,’ he stated.

Oyebanji congratulated Nigerians on the independence celebration and urged all citizens to rise to the challenge of positioning the country on a path to greatness.

‘Let us not only celebrate independence; let us live it every day, in our values, in our choices, and in our leadership,’ he said.

Leave a Reply

Your email address will not be published. Required fields are marked *