EU to tighten Iran sanctions after Israel attack
The EU has agreed to expand sanctions on Iranian producers of drones and missiles following Tehran’s unprecedented attack on Israel. The bloc already has multiple sanctions in place against Iran, including for selling drones to Russia for use in its war against Ukraine. The US has also hinted it will impose its own new penalties […]
EU declares Nigeria’s VAT rate of 7.5 per cent as low and inefficient
Massimo De Luca, Head of Cooperation and Delegation of the EU to Nigeria and ECOWAS, gave the verdict at the 4th Session of the Steering Committee of the Support Programme for Fiscal Transition in West Africa (PAFT) in Abuja, yesterday. According to the EU official, VAT administration in the country also lacks transparency, as Businesses […]
The EU and the FG have launched the Nigeria Residential Sector Demand-Side Survey
It was launched by the Minister of Power, Adebayo Adelabu, alongside other government officials in Abuja. At least 5,400 households across the six geopolitical zones of the country will be surveyed in the exercise, aimed at helping the government to formulate and implement functional energy policies. The survey, in alignment with the Sustainable Development Goals […]