Tinubu approves National Tax Policy implementation committee to drive new fiscal reforms

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By Ayo Ayodele

President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC), a new body charged with driving the coordinated execution of Nigeria’s recently enacted tax laws.

The committee, chaired by Mr. Joseph Tegbe, is expected to ensure that the administration’s landmark tax reforms are implemented in line with the government’s economic objectives, including improved revenue mobilisation, fiscal sustainability, and investor confidence.

According to a statement issued by Presidential Special Adviser on Information and Strategy, Mr. Bayo Onanuga, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will provide oversight for the committee’s activities.

The NTPIC will conduct extensive consultations across the public and private sectors to ensure broad participation and transparency in the implementation process. Its chairman, Tegbe, is a Fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT), with more than 35 years of experience in the public and private sectors, including a senior leadership role at KPMG Africa.

The President appointed Mrs. Sanyade Okoli, his Special Adviser on Finance and Economy, as the Committee’s Secretary. Other members include Ismaeel Ahmed, Rukaiya El Rufai, and several professionals drawn from tax administration, finance, law, business, and civil society.

President Tinubu emphasized that implementing the new tax laws effectively is central to his administration’s economic transformation agenda.

“These new Tax Acts reflect our commitment to a fair, transparent, and technology-driven tax system that supports economic growth while protecting the interests of citizens and businesses,” he said.

He added that the NTPIC will ensure a coherent, well-aligned approach to tax administration across all levels of government.

The committee’s mandate includes nationwide stakeholder engagements, public awareness campaigns, and strong inter-agency coordination to harmonize existing structures with new statutes. It will also ensure unified oversight and reporting as the country transitions to updated tax frameworks.

Chairman Joseph Tegbe expressed the team’s readiness to deliver on its mandate.
“We understand the strategic importance of these Tax Acts. Our committee will work closely with all stakeholders to support the Minister of Finance in ensuring seamless implementation and building public trust in the tax system,” he said.

Mr. Wale Edun added that the establishment of the committee positions the government to reset Nigeria’s fiscal framework and drive significant economic growth.

The NTPIC is expected to strengthen national development efforts by improving public finance management, minimising leakages, and reinforcing accountability.

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