President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC), a move aimed at fast-tracking the administration’s sweeping tax reforms and aligning them with Nigeria’s wider economic goals.
The committee will be chaired by Mr Joseph Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN), with more than 35 years of professional experience in public and private sector advisory services, including his tenure as Senior Partner and Head of Advisory Services at KPMG Africa.
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, will supervise the committee’s work, while Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as Secretary. Other members include Ismaeel Ahmed, Rukaiya El-Rufai, and several seasoned professionals.
The President said the committee is central to his administration’s agenda to build a fair, transparent, and technology-driven tax system capable of stimulating economic growth and protecting the interests of citizens and businesses.
“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,” Tinubu stated. “The National Tax Policy Implementation Committee will ensure coherent, effective, and well-aligned implementation across all levels of government.”
The NTPIC will conduct broad consultations with the private sector, professional bodies, civil society, and subnational governments to gather input and ensure inclusive execution of the new tax laws. It will also coordinate the efforts of key revenue-generating and regulatory institutions to harmonise frameworks and streamline reporting throughout the transition phase.
Tegbe assured that the team is prepared to work rigorously to support national development goals. “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.
Finance Minister Edun noted that the committee’s creation marks a significant step toward resetting the nation’s fiscal policy framework. “With this Committee, Mr President has set the direction and provided the authority needed to deliver significant economic growth for the benefit of all Nigerians,” he said.
The NTPIC is expected to strengthen revenue mobilisation, curb leakages, and enhance fiscal accountability, ultimately reinforcing the government’s long-term development objectives.
