This paper examines the concept of democracy and its Siamese twin, the rule of law and the extent to which the two have so far been imbibed in Nigeria, especially under the nascent democratic dispensation. In doing so, the paper discusses the reasons why democracy has in recent times become a phenomenon with an ever-alluring appeal. It has also become a veritable form of governance and a buzzword of the international
community. Indeed, the writer considers that democracy is not a static concept. It has an inbuilt dynamism, which requires that it must be developed, nurtured, sustained and consolidated. In the attempt to ensure that democracy is firmly rooted in Nigeria, this article highlights the main institutional frameworks which are a sine-qua-non for its sustenance. The desirability of extolling the virtues of democracy and the rule of law to Nigerian and other African leaders therefore become a necessary imperative for the two concepts to attain a level of enduring legacies on the continent.