You have to look at things from the Fallen's point of view. Nicodemus probably does think he's saving reality. In his own twisted way, he's right. He's not realities friend though.
TWG, and his Angels are about ensuring free will. The Fallen are against it. They don't want mortals to have free will. Nicodemus (in my opinion) is trying to achieve that goal, no free will. In so doing he would save reality. With no free will, mortals could not summon Outsiders. They could not worship (and empower) Old Gods. The forced worship of billions would create someone with such unimaginable power, no Outsiders could ever hope to breach the Outer Gates.
This I believe is his goal. To become the new god of all humanity, and take away all free will.