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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I WILL END OPEN GRAZING IN ABUJA- WIKE. (PHOTO).

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 I will end open grazing in Abuja – Wike


The Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Wednesday, expressed displeasure over the movement of cattle within Abuja city.


Wike told worried residents of Abuja that plans are on to put an end to the roaming of cattle within the city centre.


He gave the assurance in Abuja when he received in audience the Belgian Ambassador to Nigeria, His Excellency, Daniel Bertrand.


Wike said he had initiated multifaceted discussions with different relevant critical stakeholders on the need to end the roaming of cattle in the city.


The Minister also noted that fighting insecurity in FCT demands multifaceted approaches which the administration was already adopting to defeat criminalities.


He added that his administration has also intensified partnership drives with the private sector transportation players, in a bid to beef up security in the city.


Earlier in his speech, the Ambassador, Daniel Bertrand who had raised concerns over the roaming of cattle on the streets of Abuja, expressed satisfaction, learning that the minister had initiated a fight against the menace.


Bertrand also expressed interest in getting investors from his country to partner with FCTA in the development of the nation’s capital

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