- Safiu Kehinde
President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC).
Tinubu’s establishment of the committee was considered part of the implementation of the new Tax Acts.
As quoted in a statement issued on Friday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described the tax committee establishment as part of his administration’s commitment building a fair, transparent, and technology-driven tax system that supports economic growth.
He also maintained that the establishment of the initiative alongside further implementation of Tax Acts is central to the nation’s economic transformation agenda and critical to strengthening public finance management while safeguarding the legitimate expectations of investors and the 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,” the President stated.
According to Onanuga, the committee, which Mr Joseph Tegbe chairs, will ensure the implementation of the administration’s landmark tax reforms in line with the economic aspirations of the government and the people of Nigeria.
Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT), reportedly has over 35 years of professional experience across the public and private sectors.
He previously served as a Senior Partner and Head of Advisory Services at KPMG Africa.
Also part of the committe structure is the Minister of Finance, Wale Edun, who will oversee the committee’s work while Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as the Committee’s Secretary.
Members also include Ismaeel Ahmed, Rukaiya El Rufai, and others.
The Committee is also tipped to undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation process.
Its mandate, according to Onanuga, emphasised broad stakeholder consultation through nationwide engagements with the private sector, professional bodies, and subnational governments, alongside public awareness campaigns to support effective implementation of the new tax laws.
The Committee is also expected to prioritise strong inter-agency coordination by aligning the work of key revenue and regulatory institutions, harmonising existing frameworks with new statutes, and ensuring unified oversight and reporting throughout the transition process.
In his remark, the NTPIC chairman, Tegbe, expressed the team’s readiness to work diligently in support of national development.
“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.
On his part, Edun noted that Tinubu’s establishment of the committee has set the direction and provide the authority and support required to reset not just the tax system but the entire fiscal policy framework of Government.
“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.” The Minister said.
The NTPIC is expected to enhance revenue mobilisation, minimise leakages, and reinforce accountability, thereby strengthening the government’s fiscal sustainability and national development objectives.