By Usman Abdullahi Koli
Last year, this column asked whether Nigeria had learned anything from the Wunti factor. The question was not about one man. It was about whether a nation could turn individual competence into institutional habit. A year later, the answer is still unfolding, but the evidence has grown heavier. A Nigerian story is so familiar it no longer provokes thought. A man rises, reaches the top of a system, and disappears into the quiet comfort of his achievements. It is a story we tell ourselves to feel better about a country that rarely rewards the right things.
But every so often, someone refuses the script. Bala Maijama’a Wunti spent over three decades in Nigeria’s oil and gas industry, rising through the ranks to senior leadership roles, including Chief Upstream Investment Officer of NNPC Limited, before retiring in 2025. He could have walked away. He had earned the right to. But his people called. They asked him to consider the governorship of Bauchi State. He listened, responding to a call that came from the roots that raised him. When the ticket did not come his way, he did not vanish into Abuja’s shadows. He returned to the work he had long pursued through the Wunti Alkhair Foundation, the vehicle through which he had been supporting basic needs, healthcare access, educational assistance, and community development across Bauchi long before anyone thought to call him a reformer.
Then in August 2026, the call came again. This time it was not political. The World Energy Council, the global body Nigeria had joined in 1960 but had never fully inhabited, admitted a new Nigerian member committee, formally restoring the country’s participation in the organisation. Wunti was named its inaugural Chief Executive Officer. A position that could have distanced him from the ground. A position that could have turned him into a man of communiqués and conference rooms. He continued building anyway. In September 2026, he broke ground on the Bala Wunti Arena, a 10,000-capacity multipurpose indoor sports hall at Abubakar Tafawa Balewa University in Bauchi.
The project will be completed within 50 weeks. Construction materials will be sourced locally. In a move that says everything about their understanding of development, ATBU students developed the architectural design through a competitive process. Eleven teams participated. W-Nexus won with a design that earned them N5 million. The first runner-up received N4 million, the second runner-up received N3 million, and the other participating groups were awarded N1 million each. Not a single student walked away empty-handed. He called it “a project for ATBU by ATBU.” The phrase is simple, but it carries a weight that most Nigerian development initiatives never approach.
It says that the people closest to a problem are not just beneficiaries of solutions. They are authors of them. This is the Wunti factor. It is not about one man saving a nation. It is about one man refusing to let distance become indifference. And it is the same instinct that carried him from a construction site in Bauchi to a panel in New York. At the 2026 Concordia Annual Summit, held alongside the United Nations General Assembly, Wunti sat on a panel titled “Rare Currency: Critical Minerals in a Shifting Global Economy.”
The conversation was about America’s growing dependence on imported minerals and China’s dominant position in global processing. But Wunti’s contribution was not about geopolitics. It was about one of Nigeria’s old economic wounds. “For half a century, Nigeria exported crude oil and imported refined petroleum products,” he said. “That created poverty, not prosperity. We will not repeat that mistake with lithium and rare earth elements.” That sentence deserves to be read twice. It is not a policy recommendation. It is a diagnosis of a national pathology.
Nigeria has 44 critical minerals distributed across the country. Global demand is rising because of electric vehicles and artificial intelligence data centres. The temptation is to dig them up, ship them out, and count the dollars at the port. Wunti is saying that is not development. That is extraction. That is the same old story with a different mineral. What makes his argument stick is the precision with which he identifies why Nigeria keeps failing at this. It is not corruption alone. It is not lack of policy. It is the gap between potential and project.
“The central issue is the difference between mineral potential and an investable project,” he said. “We had geological indications, but not proven reserves supported by JORC-compliant data. We also had good policies, but not clearly defined projects. Investors invest in projects, not potential.” This is not the language of a man who has spent too long in conference halls. This is the language of someone who has actually tried to get things built in Nigeria.
He knows that a geological survey is not a feasibility study. He knows that a policy document is not a contract. He knows that investors do not put money into a country’s potential. They put money into specific projects with specific prices, specific timelines, and specific risks that have been accounted for. His prescription is blunt: “Give me a credible price, and I will give you private capital.” He talks about price floors, about the need for $110 per kilogram for certain minerals to make processing viable, about the difference between a pitch and a transaction.
This vocabulary differs from conventional Nigerian policy discourse. It is the vocabulary of markets. And yet, the same man who can talk JORC compliance and price floors in New York is the same man who initiates a sports arena designed by students. There is no contradiction here. Most Nigerian public figures never achieve this coherence. Wunti understands that development is not a single grand gesture. It is a series of specific interventions, each one designed to create something that outlasts the person who started it.
A sports hall that students helped design and will therefore use with a sense of ownership. An energy council that builds a framework for investment rather than waiting for the next policy document. At 66, Nigeria is not short of talented people. What it lacks is the capacity to turn individual talent into institutional habit. Every reformer eventually leaves. Every philanthropist eventually stops writing cheques. The question is whether the structures they build can survive them. Wunti’s work has answered that question.
The deep offshore reforms also outlived his tenure, with the 2019 amendment to the Production Sharing Contracts Act introducing price-reflective royalties and periodic reviews intended to improve the government’s share of revenue. The World Energy Council Nigeria chapter, if it works, will be a platform that belongs to the country, not to one man. The Bala Wunti Arena, if the 50-week deadline holds, will be a building that students use for decades after the ribbon is cut.
At 66, Nigeria has endured. It has stumbled and survived. But endurance is not the same as learning. The country has spent six and a half decades producing people who know how to build, yet too often struggles to turn their individual capacity into institutions that outlast them. Wunti is not the first Nigerian to refuse the script. He is simply one of the few who have kept building after the cameras left, after the political door closed, after the comfortable retirement beckoned. The question that remains is not what Wunti will do next. It is whether Nigeria will finally learn to turn the Wunti factor into a national habit. The answer is not yet written. It depends on whether the rest of us are paying attention.
Usman Abdullahi Koli can be reached via mernoukoli@gmail.com.
