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Tinubu approves committee to drive new tax policy implementation

Tinubu at Aso Rock 1

President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC).

The committee, chaired by Joseph Tegbe, is to ensure the implementation of the administration’s landmark tax reforms in line with the economic aspirations of the government and the people of Nigeria.

It is also expected to enhance revenue mobilisation, minimise leakages, and reinforce accountability, thereby strengthening the government’s fiscal sustainability and national development objectives.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, says the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will oversee the committee’s work.

President Tinubu emphasised that effective implementation of the Tax Acts was 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,” he 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.

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