Open they eyes to the lies history's told foul
But I'm as wise as the old owl

Meaning

Owls have been symbols of wisdom since Athena; Nas is opening up the eyes of his listeners to injustice and racial oppression.

Note that Athena is also the goddess of war.

To help improve the meaning of these lyrics, visit "If I Ruled The World" by Nas (Ft. Lauryn Hill) Lyrics and leave a comment on the lyrics box