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...

MINISTER OF FOREIGN AFFAIRS CONGRATULATES CATHOLICS WORLDWIDE FOR THE ELECTION OF POPE LEO XIV. (PHOTO). #PRESS RELEASE.



 PRESS RELEASE


No: MFA/PR/2025/39


MINISTER OF FOREIGN AFFAIRS CONGRATULATES CATHOLICS WORLDWIDE FOR THE ELECTION OF POPE LEO XIV


The Honourable Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, OON, extends warm congratulations to the Catholic faithful worldwide for the successful election of His Holiness Pope Leo XIV as the Supreme Pontiff of the Roman Catholic Church on Thursday, 8th May 2025.


Nigeria rejoices with the global Catholic community on this momentous and historic occasion and prays for divine wisdom, strength, and guidance for the new Pope as he assumes this sacred responsibility. 


We are confident that with his wealth of experience and devotion, His Holiness will lead with compassion, humility, and a steadfast commitment to peace, unity, and the spiritual well-being of humanity.  


As a nation with a significant and large Catholic population, Nigeria values the enduring relationship between the Holy See and our country. We therefore look forward to continued collaboration in promoting interfaith dialogue, harmony, social justice, and the common good of all people.  


Once again, Nigeria congratulates Pope Leo XIV and the entire Catholic faithful. May his papacy be blessed with grace and profound impact on the world.


Signed:


Kimiebi Imomotimi Ebienfa,

Spokesperson,

Ministry of Foreign Affairs, Abuja.

Friday 9th May, 2025

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