President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to fast-track his administration’s sweeping tax reforms and align them with Nigeria’s economic recovery agenda.
This is contained in a statement issued by the Special Adviser to the President on Information & Strategy, Bayo Onanuga and made available to The News Chronicle on Friday.
According to the statement, renowned tax expert Joseph Tegbe chairs the committee, while the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will provide oversight.
The committee will conduct wide-ranging nationwide consultations across both public and private sectors. Tegbe a Fellow of ICAN and CITN with over 35 years of experience and former Senior Partner at KPMG Africa, leads a diverse team that includes Special Adviser on Finance and Economy Sanyade Okoli as Secretary, alongside Ismaeel Ahmed, Rukaiya El-Rufai and other sector experts.
President Tinubu stressed that implementing the new tax laws is central to his economic transformation drive.
“These new Tax Acts show our commitment to a fair, transparent and technology-driven tax system that supports growth while protecting citizens and businesses. The NTPIC will ensure coherent and effective implementation across all levels of government.”
The NTPIC is tasked with:
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Broad engagement with private sector leaders, state governments and professional bodies
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Nationwide public sensitisation
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Strong inter-agency coordination to align old and new frameworks
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Tightening oversight to curb revenue leakages and strengthen accountability
Tegbe said the team is prepared to deliver on its mandate:
“We recognise the strategic importance of these Tax Acts. We will work with all stakeholders to ensure seamless implementation and build trust in the tax system.”
Finance Minister Wale Edun added:
“With this committee, the President has set a clear direction to reset the entire fiscal framework and deliver meaningful economic growth for all Nigerians.”
The NTPIC is expected to boost revenue, reinforce fiscal discipline and support the broader national development agenda.
