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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ANGRY YOUTHS PROTEST IN ONITSHA AGAINST 'OGA' WHO AFTER 9 YEARS OF APPRENTICESHIP 'SETTLED' HIS 'BOI-BOI' WITH ONLY N100,000. (VIDEO)).

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Angry Youths Protest In Onitsha Against ‘Oga’ Who After 9 Years Of Apprenticeship ‘Settled’ His ‘Boi-Boi’ With Only N100,000



Some youths, comprising traders and apprentices at the International Electrical Market, Obosi/Onitsha, Anambra state on Saturday, 29th January, 2022, protested against a man (name withheld), known in market parlance as ‘Oga’, who could only ‘settle’ his apprentice (Boi-Boi) of nine years with the sum of one hundred thousand naira only. 


The youths protested in front of the man’s shop chanting ‘enough is enough, the revolution has started’, demanding that he treats his apprentice fairly, saying that the apprentice served the man very well. 


The Igbo apprenticeship scheme (Igba-Boi) is a unique entrepreneurial model practiced mainly by Ndigbo. An entrepreneur takes under tutelage an apprentice, and teaches him or her the rudiments of a particular trade for an agreed period. On completion, the entrepreneur gives the apprentice seed capital.


However abuses have been noted in the system which according to Chief Uche Nworah, Ph.D , Managing Director and Chief Executive Officer of Anambra Broadcasting Service (ABS), is the reason ABS and Awka Chamber of Commerce, Industry, Mines and Agriculture (AWKACCIMA) are partnering to convene a national summit on Igbo apprenticeship. The summit which will hold on the 9th of March, 2022, at the Hilton Leisure Hotel, Regina Caeli road, Awka, and themed ‘Repositioning Igbo Apprenticeship Scheme (Igba -Boi) For Sustainable Economic Development’. 


High Chief Dr. Obiora Okonkwo, Chairman of United Nigeria Airlines, will be the keynote speaker, and a panel of discussants will X-ray the Igbo apprenticeship scheme, bring out the positives while also recommending areas that should be improved upon for the scheme to continue to be relevant in the 21st century. 

Watch video below.




 

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