Tinubu approves tax policy implementation committee

President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC). ‎ ‎The committee, chaired by Mr Joseph Tegbe, would drive the implementation of the administration’s landmark tax reforms in line with national economic aspirations. ‎ ‎Presidential spokesperson, Mr Bayo Onanuga, announced this in a statement on Friday in Abuja. ‎ ‎He said the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, would supervise the committee’s activities.

‎The committee, he said, would conduct extensive consultations across the public and private sectors to ensure broad-based input into the implementation process. ‎ ‎Tegbe is a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria. ‎ ‎He brings over 35 years of professional experience, including his role as Senior Partner and Head of Advisory Services at KPMG Africa. ‎ ‎Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, would serve as Secretary, while other members include Ismaeel Ahmed and Rukaiya El-Rufai. ‎ ‎Tinubu said effective implementation of the new Tax Acts remained central to the administration’s economic transformation agenda and strengthening of public finance management. ‎ ‎“These new Tax Acts reflect our 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 said. ‎ ‎The committee’s mandate includes nationwide stakeholder engagements, public awareness campaigns, and alignment of revenue and regulatory agencies to ensure smooth implementation of the new tax laws. ‎ ‎It also emphasises strong inter-agency coordination, harmonisation of existing frameworks, and unified reporting throughout the transition. ‎ ‎The committee comprises experts in tax administration, finance, law, private sector and civil society. ‎ ‎Tegbe expressed readiness to work diligently toward successful execution. ‎ ‎“We understand the strategic importance of these Tax Acts.

“Our committee will work closely with all stakeholders to ensure seamless implementation and build public trust in the tax system,” he said. ‎ ‎Edun, on his part, said that the committee marked a significant step toward resetting the national fiscal framework for inclusive economic growth. ‎ ‎The NTPIC is expected to enhance revenue mobilisation, reduce leakages and reinforce accountability, boosting fiscal sustainability and advancing national development goals. (NAN)

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