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...

SUSPEND #END-BAD-GOVERNANCE PROTESTS NOW, ADEGBORUWA TELLS YOUTHS.(PHOTO).


 Suspend #EndBadGovernance Protests Now, Adegboruwa Tells Youths


As the #EndBadGovernance nationwide protests enter the second day, human rights lawyer Ebun-Olu Adegboruwa has asked youths to immediately suspend the demonstrations.


“Though the intention of the organisers was to achieve peaceful and well-coordinated protests, it would seem that fifth columnists and some angry persons infiltrated the ranks of the protesters to derail their laudable mission,” he said in a statement on Friday.


“I appeal to the protesters to withdraw themselves from their various protest grounds and to suspend the protests immediately and indefinitely, in order to give room for meaningful dialogue and engagement with the government.


“Given that the protests were said to have been hijacked by sponsored agents, it is necessary to avoid further losses and casualties.


“The organisers of the protests and their representatives should embrace dialogue with the government,” he said.


The lawyer to the Take It Back Movement, one of the groups that organised the protests, regretted some deaths and losses recorded during the demonstrations, saying it was not the goal of the protests.


He expressed his “sincere condolences to the employers and families of the security personnel and also to the protesters, praying to God to comfort them and to grant them the fortitude to bear the irreparable losses”.


The Senior Advocate of Nigeria (SAN) had on the eve of the protests on Wednesday urged the organisers to reduce the 10-day action to one day.


He called on President Bola Tinubu to “directly address the nation and then engage the protesters, through their representatives”.


He said the government should thereafter set up a committee comprising men and women of integrity to meet with the protesters to address the issues that they have raised.

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