USA Obama To Nominate Bernanke To 2nd Term. In Nigeria, Soludo Kicked Out!

OAK BLUFFS, Mass. – Federal Reserve Chairman Ben Bernanke, widely credited with taking aggressive action to avert an economic catastrophe after the financial meltdown last fall, will be nominated by President Barack Obama for a second term, The Associated Press learned Monday night.

Bernanke masterminded what is now seen as a successful strategy to lift the economy out of recession, unlock credit and stabilize financial markets in part by using unconventional and unprecedented lending programs.

Many on Wall Street and in academic circles believed that he would therefore be the best choice to lead the country into a sustainable recovery and would be in the best position to figure out when and how to reel in the trillions of dollars pumped into the economy to battle the crisis.

http://news.yahoo.com/s/ap/us_bernanke

The bolded is the same strategy employed by ex-CBN chief Charles Chukwuma Soludo to launch Nigeria's financial systems unto new heights. When he announced the "Strategic Agenda for the Naira", he forgot he was in Nigeria. He was aiming to make the Naira "the reference currency in Africa". Little did he know he was walking a minefield. Before he could say "electricity", he was yanked down and replaced with a familiar type. We are back to where we started!
In a country that appreciates ingenuity, Soludo's contemporary is having his deserved second term in office. I'm not weeping for Nigeria. I need out! 

@Poster,
You have no basis for comparision.