President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC).
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this known in a statement on Friday, November 28.
The committee will be chaired by Joseph Tegbe and overseen by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
It is saddled with the responsibility to ensure the implementation of the tax reforms in line with the economic aspirations of the government and the people of Nigeria.
It will undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation process.
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According to the statement, the President said effective implementation of the Tax Acts is central to Nigeria’s economic transformation agenda and critical to strengthening public finance management.
It is also critical to safeguard 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,” Tinubu stated.
NTPIC’s mandate
The committee’s mandate includes broad stakeholder consultation through nationwide engagements with the private sector, professional bodies.
It also involves subnational governments, alongside public awareness campaigns to support the effective implementation of the new tax laws.
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It will 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.
The NTPIC is expected to enhance revenue mobilisation, minimise leakages, and reinforce accountability, thereby strengthening the government’s fiscal sustainability and national development objectives.
It comprises experts drawn from tax administration, finance, law, the private sector, and civil society, ensuring a balanced and inclusive approach to policy execution.
“We understand the strategic importance of these Tax Acts. Our committee 111will 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,” Tegbe said.
Edun added, “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.”
About Tegbe
Tegbe is a fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT).
He has over 35 years of professional experience across the public and private sectors, having previously served as a Senior Partner and Head of Advisory Services at KPMG Africa.
Alex is a business journalist cum data enthusiast with the Pinnacle Daily. He can be reached via ealex@thepinnacleng.com, @ehime_alex on X
