Nigeria, April 22 -- As usual, I am an ordinary citizen, and like many Nigerians, I remain naturally optimistic and hopeful about the possibilities of a better tomorrow, even if such hopes are not always realised. Hope is part of our national character. We endure setbacks, yet continue to believe renewal is possible.

But optimism must never become a substitute for reality. It must be tested against evidence, performance and outcomes. It is from that standpoint that I reflect on the future of the Nigerian National Petroleum Company Limited (NNPC Ltd) and what it means for Nigeria.

Few institutions matter more to the Nigerian state.

Recent developments underscore just how strategic energy institutions can be when they are properly concei...