President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC).
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‎The committee, chaired by Joseph Tegbe, would drive the implementation of the administration’s landmark tax reforms in line with national economic aspirations.
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‎Presidential spokesperson, Bayo Onanuga, announced this in a statement on Friday in Abuja.
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‎He said that the minister of finance and coordinating minister of the economy, Wale Edun, would supervise the committee’s activities.
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‎The committee, he said, would conduct extensive consultations across the public and private sectors to ensure broad-based input into the implementation process.
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‎Mr Tegbe is a Fellow of both the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.
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‎He brings over 35 years of professional experience, including his role as senior partner and head of advisory services at KPMG Africa.
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‎Sanyade Okoli, special adviser to the president on finance and economy, would serve as secretary, while other members include Ismaeel Ahmed and Rukaiya El-Rufai.
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‎Mr Tinubu said effective implementation of the new Tax Acts remained central to the administration’s economic transformation agenda and strengthening of public finance management.
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‎“These new Tax Acts reflect our commitment to building a fair, transparent, and technology-driven tax system that supports economic growth while protecting the interests of citizens and businesses.
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‎“The National Tax Policy Implementation Committee will ensure coherent, effective, and well-aligned implementation across all levels of government,” he said.
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‎The committee’s mandate includes nationwide stakeholder engagements, public awareness campaigns, and alignment of revenue and regulatory agencies to ensure smooth implementation of the new tax laws.
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‎It also emphasises strong inter-agency coordination, harmonisation of existing frameworks, and unified reporting throughout the transition.
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‎The committee comprises experts in tax administration, finance, law, the private sector and civil society.
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‎Mr Tegbe expressed readiness to work diligently toward successful execution.
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‎“We understand the strategic importance of these Tax Acts.

“Our committee will work closely with all stakeholders to ensure seamless implementation and build public trust in the tax system,” he said.
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‎Mr Edun, on his part, said that the committee marked a significant step toward resetting the national fiscal framework for inclusive economic growth.
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‎The NTPIC is expected to enhance revenue mobilisation, reduce leakages and reinforce accountability, boosting fiscal sustainability and advancing national development goals. 

(NAN)