President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC).
Oyoinsight reports that the committee, which Mr Joseph Tegbe chairs, will ensure the implementation of the administration’s landmark tax reforms in line with the economic aspirations of the government and the people of Nigeria.
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, will oversee the committee’s work.
The Committee will undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation process.
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.
In establishing the Committee, President Tinubu emphasised that effective implementation of the Tax Acts is central to the nation’s economic transformation agenda and critical to strengthening public finance management while safeguarding 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,” the President stated.
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.
