ON a day that mixed reactions greeted his sudden exit as Minister of Power after 14 months on the saddle, Professor Barth Nnaji, yesterday, said history and Nigerians would judge his performance.

Minister of Power, Prof. Barth Nnaji was, yesterday, relieved of his job following the acceptance of his resignation, with immediate effect, by President Goodluck Ebele Jonathan.

THE Senate, yesterday, warned the Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, to, as a matter of urgency, stop his proposed introduction of N5,000 denomination.

Organised private sector, labour and others have joined Nigerians to oppose the proposed introduction of N5, 000 note in the planned restructuring of the nation’s currency, saying it will aid corruption. Director General, Lagos Chamber of Commerce and Industry, Muda Yusuf in his comment said although the idea of restructuring the currency is a welcome development, “there is a flip side to the policy”.

Emblematising the essence of the President Goodluck Jonathan administration’s struggle to keep pace with the speed of service delivery to Nigerians, the scatter-head arrangement in managing the subsidy funds, an arrangement that has suffered so much abuse in recent times, the aborted strike action of the National Union of Petroleum and Natural Gas Workers, NUPENG, is no more than a stockpiling of wood for tomorrow’s bonfire.

A militant group in the Niger Delta got more than it bargained for after security forces stormed its hideout and rescued 27 oil workers it kidnapped late last week.One of the abducted workers was, however, said to be missing.

Plans by the Central Bank of Nigeria to restructure the country’s currencies, especially the introduction of N5,000 note, will facilitate corruption, promote money laundering and increase financing of terrorist activities, say stakeholders in the financial sector.

NIGERIA Union of Petroleum and Natural Gas Workers, NUPENG, yesterday suspended its planned nationwide strike that would have commenced today, following confirmation that the Federal Government has been paying all verified claims and will continue to pay all claims so verified.

Emotions ran high, yesterday, at the Lagos State Police Command headquarters, Ikeja, following startling revelations by two university students on how Cynthia Osokogu, the only daughter of a retired General was strangled inside a hotel in Festac area of the state.

The Federal Government, yesterday, lambasted the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG, describing the union as anti-Nigerians over its insistence to embark on nationwide strike from Friday unless oil marketers are paid their subsidy claims.

In a bid to avert the looming industrial crises in the country, involving National Union of Petroleum and Natural Gas workers (NUPENG), oil marketers, Power Holding Company of Nigeria, PHCN, and the Nigeria Labour Congress, the coordinating minister of the economy and Finance Minister, Dr Ngozi Okonjo–Iweala has relocated to Lagos.

The face-off between the Federal Government and some major oil marketers over subsidy claims deepened, yesterday, with the marketers challenging the federal government to publish the names of marketers and traders they paid subsidy claims to in 2012.

It was tragic Eid-el-Fitr, yesterday, as high waves accompanied by ocean surge swept away 16 persons in Lagos. One victim was reported dead. The police confirmed the body was recovered.

Former Military President, General Ibrahim Babangida yesterday described as laughable, the call by Islamic sect, Boko Haram on President Goodluck Jonathan to resign from office as condition for peace to reign in the country.

The Federal Government, yesterday, accused petroleum marketers who were indicted by the Aig-Imoukhuede Committee on Subsidy Payments of hoarding fuel to put pressure on the authorities to withdraw the charges against them.