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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EDO PDP SUFFERS MAJOR BLOW AS POLITICAL TITAN, IREHOVBUDE LEADS SUPPORTERS TO JOIN APC. (PHOTO).

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 Edo PDP suffers major blow as political titan, Irehovbude leads supporters to join APC


The Peoples Democratic Party (PDP) has lost one of its most formidable figures, Chief (Amb.) Tom Irehovbude, to the All Progressives Congress (APC) in Edo State.


Chief Irehovbude, the Egbonghon of Ekpoma, a revered grassroots mobilizer from Esan West Local Government Area, led thousands of PDP loyalists into the APC.


Addressing party faithful and supporters, Chief Irehovbude cited the transformative leadership and developmental strides of Governor Monday Okpebholo as the driving force behind his move.


“I am joining the APC because I have seen what Sen. Monday Okpebholo is doing-touching lives, initiating meaningful development, and bringing governance closer to the people. I believe in leadership that works, and I am ready to contribute to that vision”, he explained.


Lauding the governor’s people-centric approach, Irehovbude praised the APC’s governance style as “a breath of fresh air” and pledged unwavering support for both Governor Okpebholo and President Bola Ahmed Tinubu, promising to deliver his political base for the APC in the coming polls.


“This is a journey for the good of our people. I will work with the APC to ensure progress and prosperity reach every corner of our land. And come 2027, we shall stand by President Tinubu to ensure continuity of purposeful leadership,” he said.


The defection, widely seen as a strategic win for the APC, underscores the shifting dynamics of Edo politics, particularly in the central senatorial district, with party leaders hailing the development as a reaffirmation of the governor’s growing popularity and a signal of more high-profile defections in the months ahead.

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