President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to coordinate the rollout of his administration’s new tax reforms, a statement signed by the President’s aide, Bayo Onanuga, confirmed on Friday.
The committee will be chaired by Mr. Joseph Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria, who has over 35 years of experience in public and private sectors, including his tenure 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 secretary, while other members include Ismaeel Ahmed, Rukaiya El-Rufai, and additional tax and finance experts.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will supervise the committee, which is tasked with wide consultations across public and private sectors to ensure broad-based input into the implementation process.
President Tinubu said the new tax laws are central to the nation’s economic transformation and public finance management. “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.
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The committee will also coordinate inter-agency efforts, harmonise existing frameworks with new statutes, and run public awareness campaigns to promote compliance.
Chairman Tegbe emphasised the committee’s readiness to work closely with stakeholders to build public trust in the tax system. “We understand the strategic importance of these Tax Acts. Our committee will work closely with all stakeholders to support the Minister of Finance in ensuring seamless implementation and building public trust in the tax system,” he said.
Minister Edun highlighted that the committee will provide the authority and direction needed to reset Nigeria’s tax system and fiscal policy framework, aiming to boost revenue mobilisation, reduce leakages, and reinforce accountability. “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,” Edun said.
Over the past year, the Tinubu administration has passed a series of new tax laws designed to overhaul Nigeria’s tax system and strengthen revenue generation.