GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).
Germany and Austria to tap oil reserves after 400 million barrels requested Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...
In a bid to improve teaching and learning in Lagos State public secondary schools,the Government is set to recruit additional 1000 teachers to fill the vacancies in the classrooms.The was made public today by the Deputy Governor,Dr Idiat Oluranti Adebule at the flag-off of the sensitization seminar on Healthy Living for staff of the Post-Primary Teaching Service which was organized by the Teachers Establishment and Pensions Office {TEPO}.The Deputy Governor urged the teachers to support Governor Akinwunmi Ambode's administration in its drive to take education sector to higher level,adding that the government is very sensitive to the plight of teachers and committed to building their capacity building and ensure adequate welfare package to serve as motivation.She also intimated the teachers that full rehabilitation of schools would soon commence to upgrade the facilities and give the schools a new look.Adebule equally noted that the issue of security in the schools is being taken into consideration,urging them to be security conscious and also to monitor the students very well.Further to this,she disclosed that despite the economic recession,the State government is doing its best to address the issue of death of teachers and admonished them to be more diligent,committed and dedicated to ensure effective and efficient service delivery.The Deputy Governor advised the teachers to stay healthy because health is wealth nothing that when the teaching workforce is healthy there would be increased productivity.Also speaking at the event,the Permanent Secretary,TEPO,Mrs Sewanu Amosu decried inadequate information on health issues,noting that the development could be responsible for the high level of sudden death in the country.She admonished the teachers to cultivate and encourage clean environment at home and in the schools,adding that the seminar is to educate them on the importance of healthy living and also support those that have health challenges such as diabetes,asthma,heart disease,chronic pains,arthritics and hypertension.It is also designed to effect real behavioral changes among staff for the maintenance and sustainability of good and vibrant health.
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