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...

YAHOO BOYS BAG THREE MONTHS OF COMMUNITY SERVICE IN ILORIN.{PHOTO}.#PRESS RELEASE

Meet the 'Yahoo boys' – Nigeria's undergraduate conmen
     Justice Sikiru Oyinloye of Kwara State High Court, Ilorin on Thursday, August 7, 2020 convicted and sentenced the duo of Akinola Opeyemi and Owolabi Olajide to three months of community service for internet fraud.
They are to sweep the Physics Department of the University of Ilorin and the premises of Saint Anthony Secondary School, Ilorin for three months or pay N50,000 option of fine each.
The convicts were prosecuted by the Economic and Financial Crimes Commission (EFCC), Ilorin Zonal Office on separate one-count charge of cheating and impersonation to which they pleaded guilty.
An operative of the Commission, Olarewaju Lamidi, who reviewed the fact of the case disclosed that trouble started for the convicts when in March 2020, the Ilorin Zonal Office of the Commission placed some areas of the city on surveillance, following intelligence on the activities of internet fraudsters in the municipality, and arrested the defendants and others as a result.
Analysis of iPhones and laptops recovered from the convicts, yielded fraudulent email addresses and messages, which the convicts confessed to be theirs.
Delivering his judgment, Justice Oyinloye said, "I have carefully considered the evidence before the court, the exhibits tendered and the uncontroverted testimony of the prosecution witness. This honourable court holds that the prosecution has proved its case beyond reasonable doubt, the defendants are hereby convicted as charged.".
In sentencing them to community service, the judge directed the Head of Physics Department, University of Ilorin and the Principal, Saint Anthony Secondary to issue an assessment letter on the convicts’ compliance with the judgment to the Chief registrar of the Kwara State High Court, at the completion of their community service. Poor level of compliance, the judge stated, would earn the convicts a direct six months imprisonment. The case was prosecuted by Nnaemeka Omewa.
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