Solution for bail-out closure of ECA+SWF = N720b

Solution for bail-out closure of ECA+SWF = N720b

Peguy a French philosopher who died just over a hundred years ago, after leaving us with those words on marble must have had something like the rogue account, called Excess Crude Account, ECA, created by the combination of President Obasanjo and Minister Okonjo-Iweala in 2004. As one of those present at the creation of this illegal account at the time, I had raised objections to the ECA in 2004 and predicted that it was bound to create conflict in the future. But Obasanjo and Dr Okonjo-Iwela were operating with the enthusiasm of new evangelists, they were immune to other ideas.

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