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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LASG ANNOUNCES TWO-HOUR TRAFFIC DIVERSION AT IYANA ISOLO OVERHEAD BRIDGE.(PHOTO).#PRESS RELEASE

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LASG ANNOUNCES TWO-HOUR TRAFFIC DIVERSION AT IYANA ISOLO OVERHEAD BRIDGE


The Lagos State Government has announced that traffic will be diverted at the Iyana-Isolo overhead bridge between 7:00 am and 9:00 am on Sunday, 10th December 2023, to enable the Federal Ministry of Works to investigate the level of deterioration of the overhead bridge.

Consequently, Motorists are advised to avoid this part of the highway on the stated date by making use of the following alternative routes:

1. Motorists from Mushin en route Isolo through Daleko are to use Ijeshatedo to connect Cele Roundabout, access Cele Bridge to Okota Road, link Mushin Road and continue their journeys.

2. Motorists from Isolo enroute Mushin through Daleko Bridge are to use Mushin Road to access Osolo Way to link Airport Road to connect Oshodi to reach their various destinations.

It should be noted that the Oshodi-Apapa Expressway where the bridge is located will be open to Motorists during the Two-hour closure.

While soliciting the understanding and cooperation of Motorists, the State Government added that Traffic Management and Security Personnel will be deployed to manage traffic flow and minimise inconveniences.

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