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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MWID ISSUES OVER 100 CONTRAVENTION NOTICES AGAINST ILLEGAL LAND RECLAMATION IN LEKKI. (PHOTOS). #PRESS RELEASE.

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 MWID ISSUES OVER 100 CONTRAVENTION NOTICES AGAINST ILLEGAL LAND RECLAMATION IN LEKKI


As part of ongoing efforts to safeguard Lagos’ waterfront corridors and uphold physical planning regulations across the state, the Ministry of Waterfront Infrastructure Development (MWID) has issued over 100 contravention notices and 10 stop-work against illegal land reclamation in Ikota, Lekki.


The Honourable Commissioner for  Honourable Ekundayo Alebiosu gave the directives for the issuance of the contravention notices and stop-work order when he led a routine monitoring exercise along Ikota Creek, Eleganza, Lekki.


The operation was aimed at ensuring strict adherence to the State Government’s waterfront setback compliance and building regulations across the waterfront.


The contravention notices and stop-work orders were served on structures found to be encroaching on the natural creek corridor. The enforcement actions came on the heels of alarming discoveries, including unauthorised reclamation activities and deliberate attempts to illegally alter the natural course of the waterway.


Speaking during the exercise, Honourable Alebiosu stated that the waterfronts are not dumping grounds or free-for-all zones. He said that they are critical natural buffers that must be protected for current and future generations at all costs. 


“Any form of illegal encroachment planned or executed by any individual will be heavily resisted by the Ministry and will carry dire consequences.” he stated.


Alebiosu further ordered an immediate cessation of all unauthorised reclamation works, warning that such activities pose long-term environmental and infrastructural risks to surrounding communities.


The Honourable Commissioner reaffirmed his unwavering commitment to the protection and sustainable management of Lagos’ waterfronts, adding that MWID will continue to enforce the law without fear or favour.


“We owe it to Lagosians to preserve our coastal assets, therefore the Ministry remains fully committed to protecting these ecosystems and ensuring full compliance with all relevant constructions laws pertaining to the waterfront,” he added.


Honourable Alebiosu, therefore, urged all developers and residents to seek proper approvals and respect designated waterfront setback zones to support the State Government’s vision in accordance with the THEMES Plus Development Agenda for a sustainable and habitable metropolis.

More photos below. 








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