National News
Tinubu inaugurates NTPIC to oversee new tax acts
President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to oversee the rollout of his administration’s newly enacted tax reforms.
According to a statement from the Presidency, the committee will be chaired by renowned financial expert Joseph Tegbe, a Fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN).
The Special Adviser to the President on Finance and Economy, Mrs. Sanyade Okoli, has been appointed as secretary.
Other members of the committee include Ismaeel Ahmed, Rukaiya El-Rufai and several other seasoned professionals. Their activities will be supervised by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
The Presidency noted that the NTPIC will embark on wide-ranging consultations with stakeholders across both the public and private sectors to ensure inclusive input and a coordinated national implementation strategy.
President Tinubu said the creation of the committee demonstrates his administration’s commitment to delivering a transparent, technology-enabled and growth-focused tax system that protects both citizens and businesses.
“These new Tax Acts reflect our dedication to strengthening public finance management and ensuring investor confidence.”
“The committee will guarantee coherent and effective implementation across all levels of government,” Tinubu stated.
Finance Minister Wale Edun described the development as a bold step toward restructuring Nigeria’s fiscal foundation, adding that the President has provided “the authority and support required to reset not just the tax system but the entire fiscal policy environment to drive significant economic growth.”
Committee chairman Joseph Tegbe pledged that the team will work collaboratively with stakeholders to build public trust and ensure a smooth rollout.
Very Nigerian reports that President Tinubu had signed the tax reform bills into law in June 2025, with implementation scheduled to commence in January 2026.
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