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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EZE ENUGWU-UKWU,EKPEH PRONOUNCES ONE MONTH BAN FOR 9 NKWO MARKET TRADERS. (PHOTO).

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Disturbances: Eze Enugwu-Ukwu, Ekpeh Pronounces One Month Ban For 9 Nkwo Market Traders



Following the disruption of market activities by some traders at Nkwo market, Enugwu-Ukwu, Njikoka local government area of Anambra state on Thursday, 3rd February, 2022, the traditional ruler of Enugwu-Ukwu, Igwe Sir Ralph Obumnaeme Ekpeh has made a royal pronouncement banning 9 traders from operating in the market for a month. The ban will take place from Monday, 7th February, 2022. 

This followed an unauthorised protest in the community by the traders and other paid hirelings who had threatened to burn down Umunri palace and other infrastructure in the community over demands by Nkwo Enugwu- Ukwu Market Management Commission to enforce sanitation, security, and other levies in the market.

Speaking, Igwe Ekpeh said; “As the Chief Security Officer of Enugwu-Ukwu, a mandate given to traditional rulers by Anambra state government, we can no longer tolerate lawlessness at Nkwo market. There are all kinds of impunity going on at the market and as a people, we can no longer standby and watch. We must restore sanity, and enforce extant traditional and Anambra state government laws at Nkwo market”. 

The following are the traders banned for a month at Nkwo market: 

(1) Ifeanyi Uduagu
(2) Justina Ibekwe 
(3) Ngozi Anaekwe 
(4) Mrs Agatha Okonkwo
(5) Mrs Edith Ezeanya 
(6) Mrs Mbala Ugulu
(7) Mrs Isintume 
(8) Mrs Ndibe 
(9) Mrs Gladys Nwana

The traditional ruler also directed Enugwu-Ukwu Vigilante service to enforce the ban. 
 

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