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…Says Effective Tax Reform Is Key to Economic Transformation

President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC), a high-level body expected to drive the coordinated rollout of the administration’s sweeping new tax laws.

The announcement was contained in a statement signed by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, on Thursday, November 28, 2025.

According to the statement, the committee—chaired by tax expert Mr. Joseph Tegbe—will serve as the engine room for implementing the administration’s landmark tax reforms in line with its economic recovery and growth priorities. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, will oversee the Committee’s work.

President Tinubu, while approving the Committee, stressed that effective implementation of the new tax laws is central to his administration’s economic transformation agenda.

“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 statement quoted the President as saying.

The NTPIC is mandated to embark on extensive nationwide consultations, drawing input from the private sector, professional bodies, subnational governments, and civil society. Public awareness campaigns will also be prioritised to ensure Nigerians understand the reforms and the transition process.

The statement highlighted the Committee’s strong focus on inter-agency coordination, noting that it will work to harmonise existing frameworks with the new statutes, align revenue-generating institutions with the reforms, and maintain unified oversight and reporting.

The Committee’s composition reflects a broad mix of expertise from tax administration, finance, law, the private sector, and civil society. Tegbe, its chairman, is a Fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT), with over 35 years of professional experience, including his tenure as Senior Partner and Head of Advisory Services at KPMG Africa.

The Committee’s secretary is Mrs. Sanyade Okoli, Special Adviser to the President on Finance and Economy. Other members include Ismaeel Ahmed, Rukaiya El-Rufai, and several additional professionals.

Expressing the Committee’s readiness to deliver, Tegbe said:
“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.”

The Finance Minister, Wale Edun, also commended the President’s decision, noting that the NTPIC marks a major turning point for Nigeria’s fiscal 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,” Edun said.

According to the statement, the NTPIC is expected to enhance revenue mobilisation, curb leakages, and strengthen accountability across government, ultimately boosting fiscal sustainability and advancing national development goals.

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