Friday, April 24

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ABUJA – President Bola Tinubu on Friday, approved the estab­lishment of the National Tax Policy Implementation Committee (NTPIC), ap­pointing Mr Joseph Tegbe to chair the Committee.

A statement by Bayo Ona­nuga, Special Adviser to the President on Information and Strategy noted that Tegbe will ensure the implementation of the administration’s land­mark tax reforms in line with the economic aspirations of the government and the peo­ple of Nigeria.

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, will oversee the committee’s work.

The presidency said the Committee will undertake extensive consultations across the public and private sectors to ensure broad-based input into the implementation pro­cess.

Its chairman, Tegbe, is a Fellow of both the Institute of Chartered Accountants of Nigeria (FCA) and the Char­tered Institute of Taxation of Nigeria (FCIT).

He has over 35 years of pro­fessional experience across the public and private sectors, having previously served as a Senior Partner and Head of Advisory Services at KPMG Africa.

Mrs Sanyade Okoli, Spe­cial Adviser to the President on Finance and Economy, will serve as the Committee’s Sec­retary. Members also include Ismaeel Ahmed, Rukaiya El Rufai, and others.

In establishing the Com­mittee, President Tinubu em­phasised that effective imple­mentation of the Tax Acts is 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,” the President 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.

It also prioritises strong inter-agency coordination by aligning the work of key revenue and regulatory in­stitutions, harmonising ex­isting frameworks with new statutes, and ensuring uni­fied oversight and reporting throughout the transition process.

The Committee compris­es experts drawn from tax administration, finance, law, the private sector, and civil so­ciety, ensuring a balanced and inclusive approach to policy execution.

The chairman expressed the team’s readiness to work diligently in support of na­tional development.

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