Tinubu sets up National Tax Policy Committee to drive fiscal reforms

President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC), a new body tasked with driving the administration’s tax reforms in line with its economic growth agenda.

The announcement was contained in a statement on Friday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, who said the committee will operationalise the new tax acts and ensure that Nigeria’s revenue system aligns with national development priorities.

The committee will be chaired by Joseph Tegbe, Director-General of the Nigeria–China Strategic Partnership (NCSP), while the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will provide oversight.

According to Onanuga, the committee consists of experts from tax administration, finance, law, the private sector and civil society, reflecting what he described as a “balanced and inclusive approach” to policy execution.

He added that the NTPIC will embark on extensive public and private sector consultations, ensuring wide stakeholder input as the government moves to remodel the tax framework.

Tegbe, a fellow of both the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN), brings over three decades of experience including his former role as Senior Partner and Head of Advisory Services at KPMG Africa.

Sanyade Okoli, Special Adviser to the President on Finance and Economy, will serve as Secretary, while other members include Ismaeel Ahmed, Rukaiya El-Rufai, and several others.

President Tinubu said the effective rollout of the new tax laws is central to his administration’s economic transformation plan, stressing the need for a fair, transparent and technology-driven tax system that supports investors, productive sectors and households.

“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,” Tinubu said.

He added that the NTPIC will ensure coherent implementation across all tiers of government.

The statement noted that the committee will prioritise robust stakeholder engagement, nationwide awareness campaigns, and closer alignment between revenue-generating and regulatory agencies. Its mandate includes harmonising existing tax frameworks with new statutes and ensuring unified reporting throughout the transition.

Committee chairman Tegbe said the team is prepared to work diligently to deepen public confidence in the tax system and deliver on national development goals.

“We understand the strategic importance of these Tax Acts. Our committee will work closely with all stakeholders to support the Minister of Finance in ensuring seamless implementation and building public trust in the tax system,” he said.

Edun, on his part, said the committee provides the authority and direction required to reform 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,” the minister said.

The NTPIC is expected to boost revenue mobilisation, reduce leakages and enhance accountability, thereby strengthening the country’s fiscal sustainability.