President Bola Tinubu has authorised the creation of a National Tax Policy Implementation Committee (NTPIC), a body tasked with steering the government’s sweeping tax reforms and ensuring their smooth execution across all levels of governance.
The newly constituted committee would be led by seasoned financial expert Joseph Tegbe, whose appointment underscores the administration’s commitment to strengthening fiscal discipline and boosting government revenue without stifling economic growth.
In a statement issued by the Presidential Special Adviser on Information and Strategy, Bayo Onanuga, the government explained that the committee would operate under the supervision of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
The mandate includes plugging revenue leakages, harmonising regulatory frameworks, and building a more transparent tax environment aligned with the administration’s development priorities.
President Tinubu, while reaffirming the significance of the recently enacted Tax Acts, stressed that their proper implementation is essential to repositioning the economy.
According to him, the reforms reflect his government’s determination to create a fair, technology-driven tax system that encourages investment and supports both citizens and businesses.
He added that the NTPIC would serve as the central mechanism to coordinate implementation nationwide, ensuring consistency among federal, state, and local authorities.
The committee’s work would include extensive engagement sessions with the private sector, professional associations, civil society groups, and subnational governments.
Public enlightenment campaigns are also planned to help Nigerians understand the new tax laws and their implications.
A critical part of the committee’s mission is to strengthen collaboration among the country’s revenue-generating institutions.
This includes aligning old tax frameworks with the newly signed laws and ensuring a unified reporting system during the transition phase.
The NTPIC brings together professionals from tax administration, finance, law, business, and civic advocacy, offering a balanced mix of expertise.
Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria, brings more than three decades of experience, including a notable tenure as Senior Partner and Head of Advisory Services at KPMG Africa.
The committee’s secretariat would be headed by Mrs. Sanyade Okoli, the President’s Special Adviser on Finance and Economy.
Other members include policy strategist Ismaeel Ahmed, development specialist Rukaiya El-Rufai, and several additional experts.
Speaking on behalf of the committee, Tegbe assured the nation of its readiness to execute its assignment diligently.
He emphasised that the team recognises the far-reaching implications of the new tax regime and will work closely with all stakeholders to build confidence in the system.
Minister Edun also welcomed the establishment of the NTPIC, noting that the President had not only provided clear direction but also granted the authority needed to overhaul Nigeria’s fiscal policy framework.
He described the initiative as a crucial step toward achieving sustainable economic growth and ensuring that government revenue systems are more efficient and equitable.
