Abuja, Nigeria – President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to drive the execution of key tax reforms aimed at strengthening Nigeria’s economy and improving transparency in revenue generation.
The committee will be chaired by renowned financial expert Mr. Joseph Tegbe, and will operate under the supervision of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.
According to a statement from the presidency, the NTPIC will be responsible for ensuring the smooth implementation of the administration’s new tax policies by engaging stakeholders across both public and private sectors.
Members of the committee include Mrs. Sanyade Okoli (Secretary), Ismaeel Ahmed, Rukaiya El-Rufai, and other key professionals drawn from finance, law, and civil society backgrounds.
President Tinubu noted that the tax reforms are designed to deliver a modern, equitable, and efficient tax system that will stimulate economic growth while safeguarding the interests of citizens and businesses.
Key mandates of the committee include:
- National consultations and stakeholder engagement
- Promoting public awareness of the new tax laws
- Enhancing coordination among revenue-generating agencies
- Minimising leakages and boosting non-oil revenue
The move is seen as a major step in the administration’s economic recovery plan, following recommendations from the Presidential Fiscal Policy and Tax Reforms Committee.
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