NIGERIA AT 65: A NATION ON A PATH TO STARDOM

I join all Nigerians all over the world in celebrating the 65th Anniversary of our beloved nation’s independence from colonial rule. This is not another annual ceremonial event; it is another opportunity to reflect on our journey as an independent nation, identify our challenges, assess our gains, and face the future with renewed determination and commitment to sustain the vision of our heroes/heroines and to preserve the cherished legacy of our founding fathers.

For the past 65 years, Nigeria has stood as a sovereign nation, richly blessed with human and natural resources, and known for the resilience and creativity of its people. Our independence was never just about freedom from colonial rule; it is also about the enduring spirit of Nigerians who have persisted through trials and transitions, and who continue to inspire hope across Africa and the world.

Nigeria's achievements in arts, literature, sports, technology, entertainment and other endeavours have been recognised on the global scene. Our creative industries, fintech innovators, and young entrepreneurs are making their mark on the international stage. Our diaspora communities continue to contribute significantly to the economy and reputation of our nation. These successes remind us of what is possible when talent and opportunity are given a space to flourish.

Since independence in 1960, efforts by successive governments have driven the transformations of the economy from a mono-sector, agrarian-based and later oil to a private sector-led diversified economy. We acknowledge the bold reform actions taken by the incumbent government upon assumptions in 2023 to confront the petroleum subsidy conundrum, fragmented foreign exchange markets, and embark on electricity reforms in addition to sectoral intervention programmes that are repositioning our economy on a path to recovery for inclusive growth and sustainable development. The current economic stability is providing impetus for fresh investments and expanding opportunities for young Nigerians to explore new frontiers, innovate and be globally competitive.

Despite the current gains, especially the sustained growth of the Gross Domestic Product (GDP), legacy challenges continue to undermine the wheel of our collective progress. Most Nigerians are yet to experience the impact because growth has not translated to improved income and prosperity. Inflation and high costs of living weigh heavily on family’s disposable income. Security challenges still disrupt lives and businesses, infrastructure gaps limit competitiveness, and governance deficits in both the public and private sectors continue to erode trust. These are not insurmountable problems, but they require deliberate action rooted in accountability, transparency, and ethical leadership.

Let this 65th independence anniversary not only be about years counted, but about a turning point. Let it mark the moment where leaders and citizens alike choose governance over impunity, accountability over corruption, and unity over division.

The task before us is great, but history shows that it can be done. Other nations have risen from deeper crises because their citizens chose responsibility over resignation. Nigeria’s destiny remains in our hands.

At the Chartered Institute of Directors (CIoD) Nigeria, we consistently canvassed for the promotion of standard governance practices and responsible leadership in the management of public resources and private enterprises. The institute is committed to promoting ideals of corporate governance, ethical leadership, transparency, and accountability. We believe that good governance is not only the foundation of strong institutions, but also the bedrock of national development. 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.

On behalf of the Chartered Institute of Directors Nigeria, we reiterate our commitment to continue to support the development aspirations of our country and hereby call on all Nigerians, leaders and followers, public servants and private citizens, young and old, to rise to the challenge of positioning our nation on a path to stardom. Let us not only celebrate independence; let us live it, every day, in our values, in our choices, and in our leadership.

May God bless the Federal Republic of Nigeria. May God bless us all.

Happy Independence Day! Happy Nigeria at 65!

Otunba Adetunji Oyebanji, F.CIoD
President & Chairman of Council
Chartered Institute of Directors Nigeria