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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BENUE: ATTACKS AGAINST ME AIMED AT DIVERTING ATTENTION FROM GOV. ALIA'S EARLY MISSTEPS - ORTOM.(PHOTO).

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BENUE: ATTACKS AGAINST ME AIMED AT DIVERTING ATTENTION FROM GOV. ALIA'S EARLY MISSTEPS - ORTOM


25th June, 2023 

Former Benue State governor, Samuel Ortom has accused his successor, Hyacinth Alia, of launching a media attack against him.

In a statement issued on Sunday by his media aide, Terver Akase, the former governor alleged that Alia has, since his assumption of office, subjected him to “all forms of persecution”.

According to Ortom, If the governor is not accusing him of “looting the state’s treasury and assets, he is blaming him for providing employment to Benue youths”.

This comes amid allegations that the former governor embezzled public funds while in office.

Ortom had last week honoured an invitation by the Economic and Financial Crimes Commission, EFCC, following his alleged involvement in looting the state treasury.

He was reacting specifically to the move by Alia to inaugurate an Assets Recovery Committee where the former governor was accused of looting government assets.

The statement reads partly, “Since May 29, 2023, Governor Alia and his team have been intent on tarnishing Ortom’s hard-earned reputation by putting him on trial in the media.

“Our advice to Governor Alia remains the same: focus on governance and deliver on the numerous promises he made to the people during the campaigns.

“Blaming Chief Ortom for the government’s lack of progress in addressing development issues does not lend credibility to the current administration”.

By Ochogwu Sunday



 

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