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Nigeria Shows the way?

The Telegraph comments on Nigeria's anti-corruption efforts, President Obasanjo "...has appointed the extremely able Mrs Ngozi Okonjo-Iweala as finance minister. He has sacked two members of his Cabinet and the national police chief, all of whom have been charged with malfeasance. And he has set up an excess crude earnings account, into which goes all the revenue earned from oil above the $25 a barrel on which Nigeria bases its budget. With the price over twice that sum, the account holds £4.6 billion. Previously, that excess would have disappeared without trace, the main reason for the country's egregious level of embezzlement; now it is open to public scrutiny..."

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