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

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 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...

EFCC FILES CRIMINAL CHARGES AGAINST INNOSON AND OTHERS.READ THE COPIES OF THE CHARGES BELOW.{PHOTOS}

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     STATEMENT OF OFFENCE READS:
Obtaining property by false pretence contrary to sections 1{1}{b} and 1 {3} of the Advance Fee Fraud and Other Related Offences Act.No 14 of 2006.
     PARTICULARS OF OFFENCE.
Innoson Nigeria Limited,Dr. Innocent Chukwuma and Charles Chukwuma between 2009 and July 2011,in Lagos within the jurisdiction of this honourable Court,with intent to defraud,induced the staff of Mitsul O.S.K Lines Limited Apapa Lagos and Moersk Line Limited to deliver to you through your clearing agents,containers of motorcycle spare parts moulds of plastic parts and steel structures and raw materials called polyvinclorid,property of Guaranty Trust Bank Plc,Imported into Nigeria from China in the name of the said Bank as the consignee,by falsely pretending that you were authorised by the said Guaranty Trust Bank Plc to clear the goods and took delivery of same.Read the remaining information on the photos below.
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