Tinubu gives nod to establishment of tax policy reform committee

President Bola Tinubu has approved the creation of a National Tax Policy Implementation Committee (NTPIC) to push forward his administration’s tax reforms.

In a statement issued on Friday, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said the new committee will help translate the government’s tax plans into action and support Nigeria’s economic goals.

Onanuga added that Joseph Tegbe, the Director-General of the Nigeria-China Strategic Partnership (NCSP), will serve as chairman of the committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will supervise the committee’s activities.

He said the committee comprises experts drawn from tax administration, finance, law, the private sector, and civil society, ensuring a balanced and inclusive approach to policy execution.

“The committee will undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation process,” the statement reads.

“Its chairman, 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.

“Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as the Committee’s Secretary. Members also include Ismaeel Ahmed, Rukaiya El Rufai, and others.”

Tinubu said effective implementation of the new tax acts is vital to the country’s economic transformation agenda and essential for improving public finance management, while also protecting the interests of investors and 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,” Tinubu was quoted as saying.

“The National Tax Policy Implementation Committee will ensure coherent, effective, and well-aligned implementation across all levels of government.”

The statement said the NTPIC’s mandate emphasises broad stakeholder consultation through nationwide engagements with the private sector, professional bodies, and subnational governments, alongside public awareness campaigns to support effective implementation of the new tax laws.

According to the statement, the committee also prioritises 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.

Tegbe expressed the team’s readiness to work diligently in support of national development.

“We understand the strategic importance of these Tax Acts. Our committee will 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,” he said.

Edun said the creation of the committee gives clear direction and the backing needed to overhaul not only the tax system but the entire fiscal policy framework.

“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,” the minister said.

The statement added that the NTPIC is expected to enhance revenue mobilisation, minimise leakages, and reinforce accountability, thereby strengthening the government’s fiscal sustainability and national development objectives.

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