President Bola Ahmed Tinubu has approved the creation of the National Tax Policy Implementation Committee, NTPIC, as announced on Friday in a State House press release shared by Bayo Onanuga, Special Adviser to the President. The committee will be chaired by Mr Joseph Tegbe and is designed to drive the administration’s major tax reforms aimed at meeting Nigeria’s economic goals. According to the release, the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, will supervise the work of the committee.
The report explained that the NTPIC will carry out wide consultations across both public and private sectors to gather broad input for the implementation of the new tax policies. Tegbe, who leads the committee, is a Fellow of the Institute of Chartered Accountants of Nigeria, FCA, and the Chartered Institute of Taxation of Nigeria, FCIT. He brings more than 35 years of experience, including his time as Senior Partner and Head of Advisory Services at KPMG Africa.
Mrs Sanyade Okoli, Special Adviser to the President on Finance and Economy, has been appointed Secretary of the Committee. Other members listed include Ismaeel Ahmed, Rukaiya El Rufai, and several additional experts drawn from finance, tax administration, law, civil society, and the private sector.
The release noted that President Tinubu stressed the importance of effective implementation of the Tax Acts, calling it a key part of the country’s economic transformation plans. He said the reforms are essential for improving public finance management while still protecting the expectations of investors and productive industries. The President stated, “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.”
According to the announcement, the NTPIC’s mandate includes wide national engagement with the private sector, professional associations, subnational governments, and the general public through awareness programmes to ensure proper understanding and execution of the new tax laws. The committee is also expected to promote strong inter-agency coordination by aligning the activities of revenue and regulatory bodies, harmonising existing frameworks with the new tax statutes, and ensuring unified reporting throughout the transition.
Tegbe expressed the committee’s readiness to begin work, saying, “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.”
Mr Wale Edun also commented on the establishment of the committee. He said, “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 NTPIC is expected to improve revenue mobilisation, reduce leakages, and strengthen accountability as part of the government’s broader goals for fiscal sustainability and national development.
