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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NIGERIA WELCOMES HER ROYAL HIGHNESS VICTORIA, CROWN PRINCESS OF SWEDEN, ON OFFICIAL VISIT. (PHOTO). #PRESS RELEASE

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PRESS RELEASE


NIGERIA WELCOMES HER ROYAL HIGHNESS VICTORIA, CROWN PRINCESS OF SWEDEN, ON OFFICIAL VISIT 


The Ministry of Foreign Affairs is pleased to announce the upcoming official visit of Her Royal Highness Victoria, Crown Princess of Sweden, to Nigeria scheduled for Monday, 7th to Wednesday 9th April 2025. 


The visiting royalty will be received by high-ranking Nigerian officials and also engage in a series of high-level discussions aimed at further strengthening diplomatic and economic ties between both nations. Crown Princess Victoria will be received in audience by the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar on Monday 7th April 2025. 

She is also to meet with His Excellency, Vice President Kashim Shettima, GCON; the Governor of Lagos State and commission the Swedish Trade office in Lagos.


This visit underscores the strong and cordial bilateral relations between Nigeria and the Kingdom of Sweden, as well as our shared commitment to fostering mutual cooperation in areas of trade, sustainable development, gender equality, and cultural exchange.  


Nigeria remains committed to deepening its relationship with Sweden, and we look forward to a fruitful engagement that will benefit both nations.  


Signed:


Kimiebi Imomotimi Ebienfa,

Spokesperson,

Ministry of Foreign Affairs, Abuja.


Sunday 6th April, 2025

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