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 HAVE NO PLANS TO LEAVE LABOUR PARTY- PETER OBI. (PHOTO).

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 I have no plans to leave Labour Party – Peter Obi


Labour Party, LP, presidential candidate in the 2023 general elections, Peter Obi, has reaffirmed his commitment to the party, dismissing rumors of an imminent departure.

Despite the internal crisis rocking the party, Obi affirmed that he has no intentions of leaving anytime soon.

He also declared that he is not in any way desperate to be Nigeria’s President at any point in his life.

He spoke while fielding questions from journalists in Bauchi on Sunday shortly after commissioning a hand pump for water supply in Sabon Layi community, a suburb of Bauchi metropolis.

Obi said, “I am not thinking of 2027, my concern for now is how to improve the living standards and conditions of Nigerians.

“Nobody should be talking about politics now, the focus should be on good governance that will make Nigeria better.”

Speaking on the internal crisis rocking the opposition party, the former Anambra governor said, “The leadership crisis in the LP presently is not an abnormal thing, it is an in-house problem and it will be solved amicably as a family.

“I have never thought of leaving the LP, I only advocated for peace because I am a man who believes in peace, I am a man who believes in unity, I am a man who believes that we are the same.

“I don’t see any difference between you and me; by the grace of God I always want to do the right thing.

“That is the reason I came here personally, I would have asked someone to represent me, no, I didn’t.”

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