By Abdullahi Mukhtar Algasgaini
President Bola Tinubu has approved the establishment of a National Tax Policy Implementation Committee (NTPIC).
According to a press release from the State House, the committee will be responsible for the coordinated execution of the government’s new tax laws, aiming to build a “fair, transparent, and technology-driven tax system.”
The committee will be chaired by a seasoned tax expert, Mr. Joseph Tegbe, and will operate under the oversight of the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun.
President Tinubu emphasised that the effective implementation of the new Tax Acts is critical to the nation’s economic transformation, strengthening public finance, and safeguarding the interests of investors.
The NTPIC’s mandate includes undertaking extensive nationwide consultations with the private sector, professional bodies, and subnational governments.
It will also focus on inter-agency coordination to harmonise existing frameworks with the new statutes.
The committee comprises experts from tax administration, finance, law, and the private sector. Mrs. Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as its Secretary.
Chairman Joseph Tegbe pledged the committee’s diligence, stating they would “work closely with all stakeholders to ensure seamless implementation and build public trust in the tax system.”
Finance Minister Wale Edun described the committee as a pivotal step to “reset not just the tax system but the entire fiscal policy framework of Government,” aiming to deliver significant economic growth for Nigerians.
The NTPIC is expected to enhance revenue mobilisation, minimise leakages, and reinforce accountability, thereby supporting the government’s fiscal sustainability and national development goals.