This is the story of Rev. D. Ben Chikezie, the chairman of the Economic Recovery Committee (ERC) created by the present civilian government of Nigeria to review economic policies of government establishments and determine ways to reduce waste and maximize revenues allocated to them. In the course of his work at the ERC, he discovered a fund that resulted from gross revaluation of contracts by top government officials of the Nigeria National Petroleum Corporation (NNPC). The company that executed the contracts had been duly paid and the contracts commissioned, leaving the sum of $25.2 million (USD) unclaimed in the reserve account of the Nigeria government.
Chikezie was thrilled because the previous day had been a painful day for him. Every time he looked at his mail or answered his phone, he received another demand for payment from his creditors. Additionally, he was paying the highest interest rates, fees and penalties!
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