Let me begin by extending warm congratulations to my fellow citizens on the 65th anniversary of our cherished nation. Although, it is belated, it is still in order. With that said, it’s only fitting that I now share the inspiration behind the theme and title of this essay, which explores the origins, cultivation, and evolution—or absence—of inclusive leadership in our beloved Nigeria, along with its far-reaching consequences.
As I deliberated over the ideal focus, I found myself torn between two paths: delving into Nigeria’s 65th independence milestone and the persistent factors behind our nation’s stalled progress, or dissecting the pressing crisis in the oil and gas industry—the standoff between workers’ unions and Dangote Refinery management that threatened to upend fuel supply chains and plunge us back into the agonizing queues and scarcities endured by weary Nigerians at petrol stations.
However, with the welcome announcement that the dispute was settled harmoniously last Wednesday, my indecision evaporated, allowing me to confidently center this week’s reflection on Nigeria’s 65 years of sovereignty. Opting to align with fellow commentators in reviewing our country’s trajectory thus far, I encountered a fresh dilemma: should I plunge into a forensic examination of the ailments crippling Nigeria—those persistent barriers that have prevented us from unlocking the vast promise proclaimed at our 1960 independence—or view our homeland through a lens of hope and possibility?
I settled on the latter over the former, inspired by a poignant column in last Thursday’s ThisDay newspaper. Titled “Reflections on Nigeria at 65,” it was penned by my esteemed colleague, acclaimed columnist, and chairman of ThisDay’s editorial board, Segun Adeniyi. What truly swayed me toward a grounded, human-centered perspective on Nigeria’s development was Adeniyi’s companion piece that day, “Amala to the Rescue.”
Drawing from a personal ordeal, Adeniyi recounted his fierce battle with the flu, which shattered his appetite despite relentless efforts to revive it through various remedies. To his astonishment, a humble serving of amala from a local mama put (street food seller) worked wonders, reigniting his gusto for meals. This tale struck a chord with me, as I’ve been grappling with a stubborn flu for the past month—an ordeal that prompted a COVID test and nebulizer sessions after standard antihistamines lagged in quelling the symptoms.
If Amala could heal my friend’s ailment, I mused, why wouldn’t I give it a shot myself? For the uninitiated, amala—a delicacy derived from yam flour—holds pride of place as a staple among the Yoruba people of Nigeria, though it’s steadily won over urbanites from other ethnic groups nationwide.
Adeniyi’s eloquently woven essay, for which he revisited his archives to unearth enduring insights on the intricate web of Nigerian politics, prompted me to reach out with this praise: “A compelling chronicle of Nigeria’s plight. I wonder when—or how—our nation will uncover the secret to electing a leader through democracy’s forge who can adeptly steward our boundless human and natural wealth. Some attribute it to securing an electoral arbiter of flawless integrity; others invoke divine intervention, beseeching heaven for an angelic INEC chairman. Yet, the proverb lingers in my mind: ‘A single tree does not a forest make.’”
Building on that, I added: “Given this, one can’t help but ask: Would we need celestial recruits for resident electoral officers too—stationed at headquarters and across Nigeria’s 36 states—to bolster the INEC chair, who surely can’t be everywhere at once? That’s the crux of our conundrum.” Wrapping up our lighthearted exchange, I teased Segun: “Next time I’m in Abuja, I’ll scout that amala spot. Fingers crossed if it also mends me as magically as it did you.”
Before signing off, I appended: “Kudos, brother. I admire how you’ve artfully fused the saga of Nigeria at 65—an entity meant to stand tall like Alhaji Aliko Dangote, Africa’s richest titan—yet it stumbles like a stunted, impaired figure, a tragic double affliction.” Sensing it unbecoming to omit, I also recalled for ThisDay‘s editorial chief President Tinubu’s October 1 admonition to Nigerians at the Wole Soyinka Centre for Arts and Culture’s grand reopening: “President Bola Tinubu has urged citizens to cease disparaging our land, and I sense Mr. President subscribes to the power of affirmative speech—that uttering good over something summons its goodness. I stand with him on the transformative potential of this mindset. Still, positivity alone isn’t the cure for Nigeria’s stunted evolution. I suspect the President knows as much; he simply seeks our bolstering support in steering the nation through these turbulent times, rather than doomsaying that deems all Nigerian endeavors futile.”
As our cordial dawn dialogue drew to a close, I shared one final musing with Segun: “It evokes the biblical doubters’ query: Can anything good emerge from Nazareth? [Note: The original likely intends ‘Nazareth’ over ‘Israel’ for accuracy.]
Arguably, it mirrors Nigeria and President Tinubu today, for that same scripture reveals how the discarded stone became the foundation’s keystone.” Segun replied with a grin: “Amala from Iya Oyo heals all woes,” trailed by hearty laughing emojis.
To deepen the context of our earlier exchange, consider that President Bola Tinubu secured victory in the 2023 election with approximately 8.8 million votes—far short of the roughly 15.2 million his predecessor, the late Muhammadu Buhari, amassed for his 2019 re-election triumph. Tinubu thus entered office with modest public backing. Yet, midway into his four-year term, his approval has surged—not via fleeting palliatives like direct food aid, but through stabilizing Nigeria’s economy for enduring mass prosperity. This stems from audacious steps, including scrapping the petrol subsidy and unifying the naira’s fractured exchange rates against the dollar and other currencies.
These moves have banished fuel scarcity’s grip, courtesy of private ventures like the Dangote Refinery’s 650,000-barrels-per-day output. Central Bank of Nigeria data further reveals external reserves climbing from an official $33 billion (or as low as $3.7 billion per estimate by JPMorgan to a sturdy $43 billion—sufficient for nearly 12 months of imports. Beyond that, trillions of naira now bolster the federation account, channeling funds to states and local governments for community-level upliftment.
Consequently, civil servants’ salary arrears—once stretching over a year—have been cleared, while subnational entities pour resources into sweeping infrastructure: roads, bridges, clinics, and affordable housing sprouting across grassroots locales.
But living costs remain elevated, however, that is owing to the standard delay before policy dividends ripple into daily realities. Economists, as social scientists, herald strengthening fundamentals—Gross Domestic Product (GDP) expansion at 4.23% in Q2 2025, bolstering Purchasing Power Parity (PPP), and a moderating Consumer Price Index (CPI)—fueling upbeat forecasts. Yet, this technocratic lexicon often lands as arcane babble among everyday folk, stoking ire as they grapple to align personal woes with proclamations of fiscal rebound by government apparatchik.

Take President Tinubu’s Independence Day address: he vowed the economy had “turned the corner,” with the nadir passed. He doubled down at the erstwhile National Arts Theatre’s—now the Wole Soyinka Centre for Arts and Culture—reopening gala.
Through such overtures, Mr. President labors to convey that the austerity sparked by his resolute subsidy axing and rate consolidation—which curbed fund arbitrage and fuel smuggling—posed a transient, vital toll for a sunnier horizon.
In his daytime broadcast and evening cultural rite, he sought to convince the multitudes that reform’s sting has ebbed and dawn beckons. Skepticism lingers, though, among those bearing the brunt: amid soaring expenses, throngs demand tangible proof their burdens are lifting, as Tinubu insists. It echoes the Christian Gospel’s Thomas Didymus also known as Doubting Thomas, pleading for nail-scarred palms of Jesus Christ to affirm His resurrection. Candidly, after decades of dashed pledges, I absolve the wary Nigerian public of their distrust in government pronouncements.
The Federal Ministry of Information—and its state-level counterparts—has fallen short in demystifying ties between GDP, PPP, CPI, and lived struggles. Beyond expediting reform fruits, unpacking these metrics—why delays persist, how myriad forces must align symphonically to alleviate duress—could soften animus toward the regime, rallying the disaffected to become more accommodating. Here, the National Orientation Agency (NOA)—iconic for its “I’m a true Nigerian… I live by the citizen’s code” drive—faces a pivotal mandate.
Case in point: eminent jurist Prof. Itse Sagay and peers have lambasted the Independence Day oration as adrift from societal truths. NOA-guided outreach, tying GDP gains to market vegetable prices, might soothe the anguish of our beleaguered populace.
From this flows a clarion call: to enlist elites and ordinary citizens in Tinubu’s Renewed Hope vision, pivot from pugnacious defense to a cascade of clarifying outreach—a seismic communicative pivot spotlighting triumphs. An emblem not to overlook: the National Theatre, erected in 1976—16 years after Nigeria’s emancipation from Britain—had crumbled into obsolescence from chronic disregard. Yet, around five years back, Nigeria’s banking titans resolved to revive this FESTAC ’77 global stage, lest it linger as a faded artifact.
The Bankers Committee’s magnanimous push—fully realized in late 2024—capped 65th anniversary festivities in Lagos, supplanting rote military drills and pupil processions at Lagos’s Tafawa Balewa Square in the past and Abuja’s Eagle Square, lately. With the cultural landmark revitalized, it earned a rechristening for Africa’s inaugural literary Nobelist, 91-year-old Prof. Wole Soyinka (WS to devotees). Tinubu framed the honor as recompense for their comradeship in battling juntas to reclaim democracy. Regrettably, online provocateurs brand the sage a hypocrite—overlooking Soyinka’s candid concession speech: admitting prior qualms on personal tributes, yet carving an exception, while chronicling his stewardship in the venue’s storied arc before entropy set in. Noble as his candor rang, detractors press on unyieldingly.
Alas, calumniating a world-renowned wordsmith—mirroring a polity blind to elders’ gravitas—marks the grim vogue among millennials and Gen Z. Verily, no sane soul disputes this rechristening as Tinubu’s crowning cultural stroke: Soyinka warrants it, akin to Tafawa Balewa Square saluting ex-Premier Sir Abubakar Tafawa Balewa; Abuja’s airport enshrining Dr. Nnamdi Azikiwe, erstwhile ceremonial head; South Africa’s Mandela Square lionizing the continent’s paramount liberator; or the U.S.’s Madison Square (named for the fourth US president James Madison) and Washington, D.C.’s Lincoln Memorial (for the sixteenth US president – Abraham Lincoln) anchoring civic hearts. Ergo, naught amiss in bestowing a bastion of heritage upon a Nobel bard, jailed pre-1967 for mediating Nigerian-Biafran amity to avert war—despite his valiant bid’s defeat.
Poignantly, my latest tome’s unveiling a couple of years ago, “Leading from the Streets: Media Interventions by a Public Intellectual, 1999–2009”, staged Gen. Yakubu Gowon’s inaugural post-1967–70 war reunion with his onetime prisoner Soyinka—the incarcerator and the incarceree, bridging epochs. Although Soyinka didn’t show up. Gowon in his speech referred to him as his ‘guest’ which is a nice way of making light of his incarceration of Soyinka when he tried to broker peace to avert the unfortunate civil war of 1968-1970.
Undeniably, Wole Soyinka has played a pivotal role in upholding Nigeria’s unity and fortifying its democratic foundations. With that in mind, I implore online detractors to holster their barbs and allow Kongi—the affectionate nickname bestowed upon him after his acclaimed novel Kongi’s Harvest—to savor the tranquility he has rightfully earned.

The uplifting saga of the National Arts Theatre’s refurbishment and revival—which had dimmed into dilapidation before the Central Bank of Nigeria (CBN) and Bankers Committee’s opportune rescue—offers a compelling metaphor for the revitalization of Nigeria which President Tinubu and his allies are crafting.
Viewed through this prism, Nigeria parallels that venerable venue: once beleaguered by structural rot and obsolescence, it awaited the current stewards of Aso Rock Villa, the presidential citadel, who arrived intent on mending the realm via the Renewed Hope blueprint under Tinubu’s helm.
Here, the CBN and Bankers Committee—architects of the theatre’s resurgence through meticulous strategy and unflinching implementation—mirror Tinubu’s coalition of Renewed Hope team propelling the agenda forward, encompassing the executive, legislative, and judicial arms of state.
As these endeavors mature, the administration’s early triumphs—spanning the petrol subsidy’s excision and attendant pump price hikes that stabilized supply, alongside financial sector overhauls (extending beyond merging disparate exchange windows into a unified one, to include recapitalizing internationally licensed banks from N200 billion to N500 billion, fortifying them to propel growth from January 2026)—herald broader gains, augmented by a sweeping tax overhaul.
Parliament’s enactment of four transformative tax bills in June 2025—supplanting antiquated colonial frameworks during Tinubu’s tenure—promises synergistic ripple effects across interconnected domains, fostering economy-wide renewal in the near term, particularly from 2026 onward, should the leadership persevere in implementing its reform agenda.
By contrast, fragmented reforms historically breed pitfalls, such as:
- Unintended Consequences: Tackling one flaw can spawn or amplify others.
- Uneven Distribution: Gains may sideline swaths of the populace.
- Fleeting Fixes: Quick patches often crumble over time.
- Siloed Advances: Isolated strides stall without cross-sector alignment.
- Escalating Intricacy: Ad-libbed measures yield labyrinthine bureaucracies.
These lessons affirm that potent reforms demand wholeness, attuned to an economy’s interwoven dynamics—a tenet borne out by global precedents. Thus, pursuing integrated, enduring remedies stands as the hallmark of a robust policy thrust.
This very comprehensiveness defines the pivot Tinubu’s government has embraced; as I forecasted in this space last February that Nigeria’s fiscal tempest would soon abate—a stance that irked those prizing emotion over empiricism.
Complementing the tax bills’ revenue-boosting base-broadening under Taiwo Oyedele’s presidential committee helm, Zacch Adedeji’s Federal Inland Revenue Service (FIRS) shoulders diligent collections, while Yemi Cardoso’s CBN commendably reins in inflation. Add Wale Edun’s—Finance Minister and Economy Coordinating Chief—supervision of N330 billion in monthly N25,000 stipends to the indigent, aiding over 8 million households, and Bayo Ojulari who is commander-in-chief of the NNPC, our oil-and-gas colossus and fiscal linchpin—is also a Yoruba son of north-central Nigeria extraction.
Though detractors brand this powerhouse cadre (drivers of Tinubu’s sweeping changes) the “Amala Reforms” for its ostensibly Yoruba tilt—a jab at the ethnic staple binding its principals—Tinubu’s October 1 Independence Day clarion call, proclaiming hardship’s ebb and economic inflection, which he echoed at the evening theatre rechristening, strikes a chord with me. Hence, I wholeheartedly endorse his vision of imminent respite for our people.
This assurance amplifies with Bayo Ogunlesi’s fresh Lagos parley with Tinubu, as co-CEO of BlackRock—a behemoth boasting $12.5 trillion in assets under management (AUM) as of Q2 2025. Nor is that all: BlackRock’s marquee stakes encompass NVIDIA (5.73% of portfolio), Microsoft (5.49%), Apple (4.47%), Amazon (2.97%), and Meta Platforms.
Such stature renders Ogunlesi’s post-huddle quips a veritable anthem. Reputed for clerking for integrity paragon Justice Thurgood Marshall, he enthused to reporters: “I just had an excellent meeting with Mr. President, where we talked about the fundamental transformation that has happened in the last two years… Nigeria is currently an exciting place to invest in, and we will be making our move soon.” Prodded on specifics, he hinted at energy infusions (mirroring BlackRock’s Texas LNG plays), Cotonou port stakes, and aviation—his forte, epitomized by Gatwick Airport’s acquisition.
Any vestige of skepticism regarding Tinubu’s prowess to invert our trajectory—which, truth be told, I’ve never harbored, as l have been steadfast in my belief he’s the redeemer from the precipice—dissolved utterly upon parsing Ogunlesi’s exchange at the President’s Lagos abode: a watershed moment.
Indeed, approbation from Ogunlesi’s echelon—a disinterested sage with a ledger of bets solely on bedrock economies—transcends even IMF or World Bank plaudits, which naysayers scorn as beholden to multilateral puppeteers.
This moment invites the bridge-building simile to limn our polity and purse’s present plight.
Under Tinubu’s vigil, Nigeria evokes a colossal span mid-rebuild: the foreseeable vexations of barriers and skeletal frames chafe like reform’s interim throes. Yet subsurface, robust pilings plunge earthward, unseen sentinels of solidity, priming the ascent of a resplendent span—towers piercing clouds, carriage seamless—for all to traverse. Little wonder partisan saboteurs mock these tidal shifts as “Amala Reforms,” lampooning the Yoruba lineage of their chief stewards (Tinubu and his squad), where the dish denotes commonality.
While I’ve long crusaded—across four decades of commentary—for governance embracing every tribe, tongue, and faith, akin to ex-Edo Governor and ex-NLC chief Senator Adams Oshiomhole’s mid-oil-row plea for Dangote’s dominance over union vise-grips on imports, throughput, and yield; the cuisine tantalizing Aso Rock’s shots-callers and coterie is immaterial to me, provided we reclaim the opulence that enthralled the globe at FESTAC ‘77’s 1977 extravaganza.
Thus, whether amala/ewedu, akpu/onugbu, tuwo shinkafa/miyan kuka, pounded yam/edible greens/egusi, or starch/banga graces the presidential dining table, it stirs no ire in me. To underscore the assertion above: should such savor propel Nigeria’s resurgence, count me in—and I beseech compatriots to sup with Aso Rock’s paramount, be he whomsoever.
A venerable Chinese adage posits: a cat’s hue—ivory or ebony—availeth naught if it snares the vermin. Essence: efficacy and utility eclipse veneer or dogma. Plainly put, the quarry’s capture trumps the hunter’s hue. This ethos—Nigerians in polity, commerce, or quandary must cultivate—is the forge of stride: realms fixated on fruition, unencumbered by trivia or bias, vault progress in vast arcs. Tinubu’s Renewed Hope odyssey channels precisely this: reclaiming splendor’s trail, spurning acrimony and patrimonial plunder.
Once again, happy Independence Day, Nigerians.
Magnus Onyibe, entrepreneur, public policy analyst, author, democracy champion, development maven, Fletcher School of Law and Diplomacy alumnus (Tufts University, Massachusetts, USA), Commonwealth Institute fellow, and erstwhile Delta State commissioner, dispatched this from Lagos.




