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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SUDAN CRISIS: ABOUT 7000 NATIONALS, INCLUDING NIGERIANS STRANDED AT EGYPTIAN BORDER.(PHOTO).#PRESS RELEASE.

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*PRESS RELEASE* 


 SUDAN CRISIS: ABOUT 7000 NATIONALS, INCLUDING NIGERIANS STRANDED AT EGYPTIAN BORDER



 *Abuja: Friday, April 28, 2023.* 


Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission, (NIDCOM), has called on those concerned with passages and movement of persons and services along contiguous borders of Sudan to create a humane condition for about 7000 Nationals, including Nigerians to have unfettered access to their various destinations. 


Dabiri-Erewa said

over 7000 nationals, including Nigerians are not being allowed to cross the border into Egypt since their arrival late Thursday evening .


She added that the Nigerian mission in Egypt has been working tirelessly on this as the Egyptian authorities are insisting on visas by fellow Africans to transit back to their countries.


She appealed to the Egyptian authorities to kindly allow the already traumatised travellers to transit to their final destinations in various countries in Africa. 


 *E-signed,* 

Gabriel Odu, 

Media, Public Relations and Protocols Unit, NIDCOM. 

Abuja.

 

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