PETER AKINOLA’S LEADERSHIP AT CAPA: A MODEL FOR ECONOMIC REVITALIZATION IN NIGERIA

Abstract

The Nigerian economy has long been a subject of both admiration and scrutiny. As Africa's largest economy, it possesses immense potential for growth and development. Predominantly driven by oil exports, the economy remains vulnerable to fluctuations in the global market. Despite this dependency, Nigeria boasts a diverse range of sectors, including agriculture, manufacturing, telecommunications, and financial services. Its abundant natural resources, sizable population, and dynamic entrepreneurial spirit serve as solid foundations for economic growth. However, the Nigerian economy faces numerous challenges that require careful analysis and strategic intervention. This study is a systematic attempt to examine Peter Akinola’s leadership disposition as president of the Council of Anglican Provinces of Africa (CAPA), using his leadership approach as a guide for revitalizing the Nigerian economy. Specifically, the research explores Akinola’s transformational leadership, capacity-building initiatives, economic empowerment programs, and human capital development strategies—elements that can inform Nigeria’s economic recovery efforts. Using a historical research approach based on both primary and secondary sources, the study aims to provide practical strategies for economic diversification and sustainable growth. It also offers insights into the impact of faith-based initiatives on economic development, alongside policy recommendations for government and stakeholders. The findings reveal that Peter Akinola had a significant influence on the life of the organization, contributing to regional economic development, improvements in the healthcare system, and human capital advancement through the engagement of African bishops and archbishops. His leadership provides valuable lessons for Nigeria’s economic revitalization.