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...

PDP TASKS BUHARI OVER LIBERATION OF NIGERIAN TERRITORY BY CHAD.{PHOTO}.#PRESS RELEASE.

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     April 7, 2020
Press Statement
PDP Tasks Buhari Over Liberation of Nigerian Territory By Chad...Charges Buhari Presidency To Learn From Deby
The Peoples Democratic Party (PDP) calls on President Muhammadu Buhari to speak out on reports that Chadian President Idris Deby personally led his troops to route out insurgents and freed Nigerian territories and soldiers held captive by terrorists in northern part of Borno state.
The party’s call is predicated on the fact that this development is already triggering questions among Nigerians regarding the commitment and capacity of Mr. President, as Commander-in-Chief, to lead the fight against insurgency in our country.
The PDP is worried that the silence of President Buhari who, as Commander-in-Chief, had promised to lead from the front, is ominous and has opened our security apparatchik to a plethora of innuendos, claims and counter-claims in the public space.
Our party is worried that Mr. President has chosen silence at a time, when again, he needs to stand up and take action to assure our citizen of their safety as well as efforts being made by his administration against the insurgent.
The PDP urges the Buhari Presidency to learn from President Deby and show commitment in the fight against terrorism beyond speeches and empty press statements from the comfort of the Aso Villa.
The party commends and immensely values the sacrifices by our gallant troops who are risking their lives on harm's way to safeguard our nation against the insurgents despite the daunting challenges they confront daily.
The PDP also calls on all Nigerians to remain vigilant and continue to pray for our nation at this trying time.
Signed:
Kola Ologbondiyan
National Publicity Secretary.
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