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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STATEMENT BY PRESIDENT BOLA AHMED TINUBU ON THE PASSING OF FORMER PRESIDENT MUHAMMADU BUHARI, GCFR. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE


STATEMENT BY PRESIDENT BOLA AHMED TINUBU ON THE PASSING OF FORMER PRESIDENT MUHAMMADU BUHARI, GCFR


It is with profound sorrow and a heavy heart that I received the news of the passing of His Excellency, President Muhammadu Buhari (Rtd), GCFR, my predecessor, who departed this life today, Sunday, July 13, 2025, at a hospital in the United Kingdom.


President Buhari was to the very core, a patriot, a soldier, a statesman. His legacy of service and sacrifice endures. He served Nigeria with unwavering dedication, first as a military leader from January 1984 to August 1985, and later as a democratically elected President from 2015 to 2023. Duty, honour, and a deep commitment to the unity and progress of our nation defined his life.


He stood firm through the most turbulent times, leading with quiet strength, profound integrity, and an unshakable belief in Nigeria’s potential. He championed discipline in public service, confronted corruption head-on, and placed the country above personal interest at every turn.


In this moment of national mourning, I extend my deepest condolences to his beloved wife, Aisha, with whom I have been in constant touch, his children, the entire Buhari family, and all who knew and loved him.


I also extend my condolences to the government and people of Katsina State, most especially the people and traditional leaders of Daura  Emirate. 


We honour his service. We reflect on his legacy. And we pray for the peaceful repose of his soul.


As a mark of respect to our former leader, I have directed that all national flags fly at half-staff across the country for seven days from today. 


I have also summoned an emergency Federal Executive Council session on Tuesday, dedicated to his honour.


The Federal Government will accord  President Buhari full state honours befitting his towering contributions to our country.


May Allah forgive his shortcomings and grant him Al-Jannah Firdaus. 


And may his life continue to inspire generations of Nigerians to serve with courage, conviction, and selflessness.


Bola Ahmed Tinubu, GCFR

President, Federal Republic of Nigeria

Sunday, July 13, 2025

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