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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IBADAN EXPLOSION: COURT SENDS THREE PERSONS TO PRISON. (PHOTO).

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 Ibadan explosion: Court sends three persons to prison


A Federal High Court in Ibadan on Wednesday ordered the remand of a woman and two men for their roles in the January 16 Bodija explosion in Ibadan.


The police charged Ramatu Camara, 47, Ganiu Malik, 20, and Abubakar Samasa, 64, with conspiracy, use of weapons of mass destruction, stockpiling of radioactive materials, and dispersal of biological weapons, but they pleaded not guilty to the charge.


Justice E.U. Akpan ordered that they be remanded in the Agodi correctional centre, and adjourned the suit until April 11 for a hearing on their bail applications.


The police prosecutor, Michael Ojeah, had informed the court that Camara, Malik, and Samasa were facing a five-count charge.


Ojeah further added that the defendants and others at large committed the crime at about 7.30 p.m. on Jan. 16, at Aderinola of Dejo-Oyelese Street, Adeyi Avenue, Old Bodija Ibadan, Oyo State.


The prosecution said the defendants stored radioactive materials inside a building, which exploded and led to the deaths of a 65-year-old woman known as Bolanle Badmus and 13 others.


He subsequently informed the court that he was prepared to present his case.


However, the defense counsel, Mr Adeola Adebayo, prayed the court for a short adjournment in order to file some applications.


The prosecutor said the offense violated the provisions of sections 26, 42 (A) and (B), 43(1) (A), and (2) (C) 1 (A) 58 (1) (A) of the Terrorism, Prohibition, and Prevention Act 2022.

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