Tinubu sets up national committee to drive implementation of new tax policies

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President Bola Tinubu has given approval for the creation of the National Tax Policy Implementation Committee (NTPIC).

The committee, led by Joseph Tegbe, has been tasked with driving the administration’s major tax reforms in alignment with the government’s economic goals and the needs of Nigerians.

It is designed to boost revenue generation, reduce leakages, and strengthen accountability to support fiscal stability and national development.

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

President Tinubu stressed that properly implementing the Tax Acts is essential to the country’s economic transformation agenda, enhancing public financial management while protecting investor confidence and the interests of productive sectors.

“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.

“The National Tax Policy Implementation Committee will ensure coherent, effective, and well-aligned implementation across all levels of government,” he stated.

The NTPIC’s responsibilities include engaging widely with stakeholders nationwide — including the private sector, professional associations, and state governments — as well as conducting public sensitisation to support the rollout of the updated tax laws.

It will also strengthen cooperation among agencies by coordinating the efforts of major revenue and regulatory bodies, aligning existing processes with new legislation, and ensuring consistent oversight and reporting during the transition.

The committee is expected to carry out broad consultations across public and private sectors to gather a wide range of inputs for effective implementation.

Its members include specialists from tax administration, finance, law, the private sector, and civil society, ensuring an inclusive and balanced approach. The 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 over 35 years of experience, including his former role as Senior Partner and Head of Advisory Services at KPMG Africa.

Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as the committee’s secretary, while members such as Ismaeel Ahmed and Rukaiya El Rufai are also listed.

The chairman reiterated the committee’s commitment to supporting national progress.

“We understand the strategic importance of these Tax Acts.

“Our committee will work closely with all stakeholders to support the Minister of Finance and Coordinating Minister of the Economy in ensuring seamless implementation and building public trust in the tax system,” he said.

Edun added, “With the establishment of this committee, Mr President has not only set the direction but also provided the authority and support required to reset not just the tax system but the entire fiscal policy framework of Government, to deliver significant economic growth for the benefit of all Nigerians.”