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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AKERE MARKET FIRE INCIDENT: AN APPEAL FOR CALM- AJEROMI IFELODUN LOCAL GOVERNMENT CHAIRMAN. (PHOTOS).#PRESS RELEASE.

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AJEROMI IFELODUN LOCAL GOVERNMENT, LAGOS STATE.

AKERE MARKET FIRE INCIDENT: AN APPEAL FOR CALM.

We have received with sadness the unfortunate incident at the Spare Parts Market, Akere in Olodi-Apapa, that was engulfed by an inferno in the wee hours of Wednesday, March 8, 2023. The immediate cause of the fire disaster is still to be established.

The Chairman of the Council, Hon. Fatai Ayoola Ebie  was among the early callers to the scene after rushing to see for himself the extent of the damage as soon as he got wind of the incident. While at the scene, he sympathized with the traders, appealed for calm, ordered an investigation into the remote cause of the incident and assured the traders of government's resolve to rebuild the market.

The Chairman has also gotten in contact with the executives of the market association.

The Local Government legislators are also billed to visit the scene later today.

Alas, since the news of the fire incident broke out overnight, there have been spurious allegations on the incident from social media commentators. We would like to caution against inflammatory reactions that could compound the already tense situation.

Not to preempt the outcome of the investigation, responses from residents of the area have indicated that an ignition from the nearby gas station led to the incident. Some others averred that it was an electric spark from one of the shops that caused the fire.

Those who are insinuating unfounded rumours should be reminded that the Council Secretariat itself had been gutted by fire before. So also was the Alayabiagba Modern Market at Boundary. On both occasions, there were no jejune rhetorics.

The affected market is being condoned off and the security agencies have been directed to mount a 24-hour surveillance in order to keep-off urchins from looting the remains of the wreckage.

Hon. Ayoola reassures the people of the Local Government of their safety and that of their properties and enjoins the people to go about their normal businesses as normalcy is being restored.

Valiant Samson Idowu-Alaba  
Hon. Supervisor, Information, Strategy & Communications.
March 8, 2023.

More photos below. 













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