•From left: First Lady Oluremi Tinubu; President Bola Ahmed Tinubu; Prof Wole Soyinka and Lagos State Governor Babajide-Sanwo-Olu…yesterday.

Nobel laureate Prof Wole Soyinka says that before the renovation of the National Theatre, located at Iganmu, Lagos, he thought it was irredeemable, but the Bankers’ Committee “made me eat my words.”’

The renovated edifice was renamed the Wole Soyinka Centre for Culture and the Creative Arts, by President Bola Tinubu, as parts of events marking Nigeria’s 65th independent anniversary, yesterday.

Soyinka praised the transformation of the building, noting, “If eating one’s word produces a morsel like this, then it’s a very tasty set of words.”

Soyinka emphasized that he accepted the renaming of the National Theatre after him : ” I never believed that the monument could ever be revamped.”

He admitted that he accepted the honour with mixed feelings, despite being a critic of many past leaders, who appropriated public monuments.

“I have to stand up in public and watch my name being put up as yet another appropriator. It just didn’t seem very well for me,” the literary giant said.

The Bankers’ Committee committed N68 billion into the project.

President Bola Ahmed Tinubu at the occasion directed the Central Bank of Nigeria (CBN) to float a National Arts Theatre Endowment Fund to ensure the maintenance of the national edifice.

Among the prominent persons at the event were First Lady, Senator Oluremi Tinubu, Senate President Godswill Akpabio, CBN Governor Olayemi Cardoso, who coordinated the Bankers’ Committee, Emir of Kano Muhammadu Sanusi, who is a former CBN governor; Lagos State Governor Babajide Sanwo-Olu and Minister of Arts, Culture and the Creative Economy, Hannatu Musawa.

The Bankers’ Committee committed N68 billion into the project.

President Tinubu said there was no controversy in the National Theatre being renamed, adding that he considered Prof Soyinka’s contributions to the arts and culture. Prof. Wole Soyinka is one of the greatest assets of the world. So, the renaming could not have gone to anyone else,” he said.

President Tinubu stated that there was no controversy surrounding the renaming of the National Theatre, adding that he considered Prof. Soyinka’s contributions to the arts and culture.

Olayemi Cardoso, Governor of the Central Bank of Nigeria, disclosed that the Bankers’ Committee, the Lagos State Government, and the Ministry of Art, Culture, and the Creative Economy came together with a shared purpose to deliver this national project, with the Bankers’ Committee alone committing approximately N68 billion, not as corporate social responsibility but as a deliberate investment in Nigeria’s cultural future.

He said that the project stands as proof that when the public and private sectors unite behind a shared national purpose, there is no limit to what Nigeria can achieve.

The CBN boss stated that 65 years after our nation’s founding, Nigeria’s creative spirit remains alive, pervasive and shaping global culture.