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...

PRESIDENT BUHARI RECEIVES IZE-IYAMU, URGES APC TO AVOID RIVERS, ZAMFARA EXPERIENCES.{PHOTOS}.#PRESS RELEASE

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    President Muhammadu Buhari Friday in Abuja received the governorship candidate of the All Progressives Congress (APC) in Edo State, Pastor Osagie Ize-Iyamu, urging party leaders and campaign team to do all that is necessary, following legal and constitutional means, to win the election.
President Buhari received the governorship candidate at the State House alongside Caretaker Committee Chairman of the APC and Governor of Yobe State, Mai Mala Buni; Chairman of Progressive Governors Forum and Governor of Kebbi State, Abubakar Atiku Bagudu, and APC Campaign Chairman for Edo State elections and Governor of Kano State, Abdullahi Umar Ganduje.
The President charged the party leaders to avoid the pitfalls that affected the party’s victory in Rivers, Zamfara and Bayelsa States in the 2019 elections, pointing out that with the resolution of the “acute crisis’’ in the party in Edo State, he was optimistic that the party will regain its pride of place in winning elections, and serving the people.
President Buhari urged party leaders at the national and state levels to follow the electoral process in an open and transparent manner.
“What I want is a transparent process so that the confidence of the people will be strengthened.’’
The President congratulated Pastor Ize-Iyamu on his emergence as the party’s candidate in Edo State after a “turbulent process’’, assuring him of full support.
Earlier in his remarks, the Chairman of the Caretaker Committee, who presented the candidate, told the President that: “Pastor Ize- Iyamu is a seasoned grassroots politician who is loved by his people’’, noting President Buhari’s blessings on the candidate further validates the party’s confidence.
The Chairman of the APC Edo State gubernatorial campaign, Governor Ganduje, said in line with the principles of the party the APC will lead a clean campaign, devoid of acrimony, hatred and violence.
Governor Ganduje said the campaign had started on a good and happy note, with the APC already taking over the state legislature with a majority of 17 out of 24.
In his response, Pastor Ize-Iyamu assured the President of his commitment to ensuring good governance in the state if elected in September elections, recalling that he served as Deputy Chairman of the Constitution Drafting Committee of the APC at its formation.
Pastor Ize-Iyamu said he was glad to return to the APC, describing his initial exit as that of a “prodigal son’’.
The APC candidate thanked the President for the warm and fatherly reception, saying he was honoured to receive the party’s flag from the President.
Pastor Ize-Iyamu told State House Press Corps that he was fully in charge of his campaign as a popular candidate who served the State as Chief of Staff and Secretary to State Government in previous administrations.
He also said former APC Chairman, Adams Oshiomhole, had already explained that his initial unfriendly comments during the 2016 campaigns were purely political aimed at giving another candidate an edge in the elections.
The Chairman of the Progressive Governors Forum said all the APC governors were fully behind the candidature of Pastor Ize-Iyamu.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
August 7, 2020.
More photos below.
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