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...
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WE DID NOT RAID EX-GOV. AMBODE'S RESIDENCE-EFCC.#PRESS RELEASE.

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    joy immunity against prosecution.
The Commission hereby states with high sense of responsibility that the operatives did not raid Ambode’s residence.
Whatever the Commission is presently doing with regards to the investigation is in line with its mandate and the rule of law.
We wish to inform the social media to be circumspect in the reportage of any news with regards to investigation activities of the Commission.
As a tradition, the Commission does not carry out investigation on the pages of the newspapers or through the media. Our operations are always covert until at a time when we file charges in court.
Therefore, the attempt to cast the Commission in a bad light is unacceptable as the EFCC will never engage in illegal act. We remain committed to the war against corruption.
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