GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

Image
 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...

2019 PRESIDENTIAL POLL: I WILL DEFEAT BUHARI,SAYS FAYOSE.

Image may contain: 3 people, people standing and outdoor
      Ekiti State Governor, Chief Ayodele Fayose, has said he will defeat incumbent President Muhammadu Buhari, in a free and fair presidential election come 2019 if chosen as the candidate of the Peoples Democratic Party (PDP).
He stated this on Thursday in Abuja while openly declaring his intention to fly the PDP flag in the election.
In a statement by his Chief Press Secretary, Mr Idowu Adelusi, the governor said he had the penchant for defeating incumbents, the PDP required somebody like him to be its candidate.
The governor also opined that his ambition was not against the zoning arrangement of his party.
“However, I am a supporter of competence and capacity, especially now that this country needs young and able leaders that can take our country out of this present state of hopelessness.
“Most importantly, despite that the party has zoned the presidency to the North, it may interest you that no one has come out in this manner to show interest and our party should not wait or beg anyone to fly its flag. Do we now say that if no one comes out from the North, the party won’t have a candidate?
“Going down memory lane, in 1999 and 2003, despite that our party zoned the presidency to the South, the likes of Alhaji Abubakar Rimi of blessed memory and Chief Banabas Gemade contested the ticket.
“Also in 2007, some party members from the South did not only declare their intention to contest, they also showed interest and obtained nomination Forms. Those from the South were; Chief Victor Attah, Dr. Peter Odili, Dr. Sam Egwu, Dr. Donald Duke, Dr. Chimaroke Nnamani, Owelle Rochas Okorocha among others.
“This, in itself, assisted in deepening democracy,” he said.
He said he would handle the nation’s resources better and embarked on policies to revamp education, health care, industrialization, agriculture, infrastructure among others.
Speaking on the occasion, former Minister of Aviation, Chief Femi Fani-Kayode, said Fayose is a man of courage who could take the nation to the promised land.
In a similar manner, former Deputy National Vice Chairman, Southwest of the PDP, Alhaji Tajudeen Oladipo, said he knew Fayose when he was aspiring to become the Ekiti State in 2003 and that the governor could be described as a prophet whose words do come to pass.Goodwill messages were sent by groups from across the country.
Image may contain: 3 people, people standing and outdoor

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.