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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EKITI: POLICE NAB TWINS, 2 OTHERS OVER THEFT OF RICE, BEAN, N936, 750 WORTH OF GOODS.(PHOTO).

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Ekiti: Police Nab Twins, 2 Others Over Theft Of Rice, Beans, N936,750 Worth Goods


The Ekiti State Police Command has apprehended twin brothers for burglary and stealing of food items and other valuable goods.


The command, through its Public Relations Officer, Abutu Sunday, disclosed that two other suspects were arrested alongside the twin brothers for receiving stolen items.


The command stated, “On 25/04/2024 at about 8 AM, one Olasoji Kehinde and Olasoji Taiwo were arrested while attempting to break a shop at Mathew Street, Odo-Ado, Ado-Ekiti.


“During interrogation, the suspects confessed to the crime and further stated that they were responsible for the burgling of three shop in Fayemi Market at Agric Olope, Ado-Ekiti.


“At Agric Olope, they carted away two bags of rice, two bags of beans and other valuables valued N936,750.”


It was noted that “Further investigation by the Command Rapid Response Squad (RRS) led to the arrest of one Afolayan Funke ‘f’ and Nnaji Benignus Aroh ‘m’ who the suspects claimed have been receiving stolen properties from them.”


Sunday said the suspects would be arraigned in court after conclusion of investigations.



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