The paper attempts an exploration of the dramatic aspect of Ese Ifa in Yorubaland with the purpose of revealing the gross under-utilization of the resources of this vital Yoruba cultural asset. And more interesting, the paper unravels the dynamics, the beauty, the uniqueness and multiple potentials of this Yoruba EseIfa. This is discussed from mythological and spiritual perspectives. Through interviews, personal experience, and observation, the paper posits that Ese Ifa plays pivotal roles in the social, religious and political milieu of the Yoruba people and has remained a rallying point. It concludes that even until today,EseIfa, with its rich dramatic features, is recognized by the Yoruba traditional body of knowledge embracing history, philosophy, medicine and folklore despite the trappings of modernization. It is expected that the paper will help in illuminating important aspects of the dynamics and significance of the Yoruba Oracle, Ifa within the context of religio-spiritual vision in the post-colonial Nigeria, in modern Africa and the globalized world.