Categories: News

Tinubu approves national tax policy implementation committee

President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to coordinate and drive the implementation of Nigeria’s newly enacted tax laws.

According to a statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the committee will be chaired by seasoned finance expert Joseph Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN), with over 35 years of experience in public and private sector advisory roles, including his tenure as Senior Partner and Head of Advisory Services at KPMG Africa.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will oversee the committee’s work, while the Special Adviser to the President on Finance and Economy, Sanyade Okoli, will serve as Secretary.

Other members include Ismaeel Ahmed, Rukaiya El-Rufai, and several experts from tax administration, finance, law, civil society, and the private sector.

President Tinubu said the committee is central to the administration’s economic transformation agenda, noting that effective implementation of the new tax laws will strengthen public finance management while protecting investor confidence.

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

“The NTPIC will ensure coherent, effective, and well-aligned implementation across all levels of government.”

The committee’s mandate includes broad stakeholder consultations across the country, public awareness campaigns, and strong inter-agency coordination to harmonise existing frameworks with new tax statutes.

It is expected to enhance revenue mobilisation, reduce leakages, and reinforce accountability within government systems.

Tegbe expressed readiness to deliver on the assignment, assuring that the team will work with stakeholders to build public trust and ensure seamless implementation of the reforms.

Finance Minister Wale Edun described the committee’s inauguration as a decisive step toward resetting Nigeria’s tax and fiscal policy landscape to unlock significant economic growth.

The NTPIC is expected to support the government’s drive for fiscal sustainability and national development.

LUKMAN ABDULMALIK

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