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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VGC CHAIRMAN REPORTEDLY FOUND DEAD INSIDE HIS CAR.(PHOTO)

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 VGC Chairman reportedly found d£ad inside his car


The Lagos State Police Command has launched an investigation into the d£ath of a 42-year-old man, identified as Gihan Mbelu, said to be the chairman of the Victoria Garden City in the Lekki area of the state. 


In a post by one Deji Lambo on X, Mbelu who was a financial adviser and venture capitalist was found unconscious in his C300 4Matic car around 10.10 am on Friday, April 26, 2024, around VGC. 


He was rushed to the Lagos University Teaching Hospital where he was confirmed d£ad by a doctor on duty. 


It was gathered that people decided to inspect his vehicle which had been running for hours at the spot where it was parked.


“Concerned by the discovery, some of the people in the area, upon close observation of the vehicle, found Mbelu in it.


While some people speculated that the 42-year-old man might be sleeping, some other persons, who were bent on ascertaining Mbelu’s true state, reportedly made frantic efforts to wake him up but it proved abortive. 


In a bid to rescue Mbelu, it was learnt that he was rushed to the Lagos University Teaching Hospital where he was reportedly confirmed dead by one of the doctors on duty. 


“Mbelu’s corpse was said to have been deposited in the hospital’s morgue. The case was also reported to the police for an investigation to commence to ascertain the circumstances surrounding Mbelu’s d£ath,” Lambo’s post read.


Until his d+ath, Mbelu was married Eloho, a tech entrepreneur, former investment banker and private equity investor. They have two daughters. 


Reacting to the post, the spokesperson of the state police command, Benjamin Hundeyin, confirmed the incident on Saturday, April 27, saying that investigation has commenced into the case.

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