TINUBU APPROVES NATIONAL COMMITTEE TO DRIVE IMPLEMENTATION OF NEW TAX LAWS

President Bola Ahmed Tinubu has approved the creation of the National Tax Policy Implementation Committee (NTPIC), tasked with driving the execution of his administration’s major tax reforms in line with Nigeria’s economic goals.

Chaired by Mr. Joseph Tegbe, the committee will operate under the supervision of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. It will engage in extensive consultations across public and private sectors to ensure broad stakeholder input.

Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria, brings over 35 years of experience, 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, with members such as Ismaeel Ahmed and Rukaiya El-Rufai.

President Tinubu said the committee’s work is central to the country’s economic transformation agenda, noting that the new Tax Acts reflect his administration’s commitment to a fair, transparent, and technology-driven system that encourages growth while protecting citizens and businesses. He added that the NTPIC will ensure coordinated implementation across all levels of government.

The committee’s mandate includes nationwide stakeholder engagement, alignment of revenue and regulatory agencies, harmonisation of existing frameworks with new laws, and strong oversight throughout the transition.

Comprising experts from tax administration, law, finance, the private sector, and civil society, the NTPIC is structured to deliver an inclusive and effective rollout of the reforms.

Tegbe affirmed the committee’s readiness to work diligently, pledging close collaboration with stakeholders to support seamless implementation and build public trust.

Minister Edun added that the committee’s establishment signals the president’s determination to overhaul the tax and fiscal policy framework and drive significant economic growth.

The NTPIC is expected to boost revenue mobilisation, reduce leakages, enhance accountability, and strengthen the government’s long-term fiscal sustainability.