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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THIRD MAINLAND BRIDGE: LASG TO DIVERT TRAFFIC FOR REPAIRS OF IDENTIFIED FAILED/PEELED ASPHALTIC SECTIONS.(PHOTO).#PRESS RELEASE.

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THIRD MAINLAND BRIDGE: LASG TO DIVERT TRAFFIC FOR REPAIRS OF IDENTIFIED FAILED/PEELED ASPHALTIC SECTIONS  



The Lagos State Government has announced a traffic diversion plan for the rehabilitation/repair work on identified failed/peeled asphaltic sections of the Third Mainland Bridge by the Lagos State Public Works Corporation on Sunday, 2nd  April 2023, between 9:00 am to 4:00 pm. 


 A statement signed by the Commissioner for Transportation, Dr. Frederic Oladeinde explained that traffic will be diverted from one lane to another lane at the identified failed asphaltic sections on the Bridge. He stressed that this was expedient to solve tailbacks along the bridge at the peak periods as a result of the failed sections.  



While assuring that the State’s Traffic Management Authority (LASTMA) would be available to direct traffic to ameliorate the inconveniences, Oladeinde implored Motorists to be patient as the measures taken are aimed at providing quality and safe road infrastructure for everyone.

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