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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YAHOO BOY'S MOTHER JAILED FIVE YEARS IN BENIN.(PHOTO).#PRESS RELEASE

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Yahoo Boy's Mother Jailed Five Years in Benin

Debest Osarumwense, mother of Endurance Osarumwense, an internet fraudster was today March 29, 2022, sentenced to five years imprisonment by Justice M. S. Shuaibu of the Federal High Court sitting in Benin City.

Debest was arraigned by the Benin Zonal Command of the Commission on a one count charge for aiding her son to receive the sum of N91,296,150 (Ninety One Million, Two Hundred and Ninety Six Thousand, One Hundred and Fifty Naira) only, being proceeds of his criminal activities.

Upon arraignment, the defendant pleaded guilty. 

 

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