This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism13.2

A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. When Godwin Emefiele became governor of the Central Bank of Nigeria (CBN) in 2014, Africa’s largest economy stood at the brink of a historic change of power between the widely-derided pro-market incumbent president and his wannabe

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