Breaking News: President Tinubu Approves National Tax Policy Implementation Committee to Drive Tax Reforms

By Emmanuel Kwada 

In a significant move to overhaul Nigeria’s fiscal landscape, President Bola Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC). The announcement, made late Friday today by the president marks a pivotal step toward the coordinated execution of the administration’s sweeping new tax laws.

The NTPIC, chaired by Joseph Tegbe, a seasoned expert with over 35 years of experience in tax administration and advisory services, will work under the supervision of Finance Minister Wale Edun.

The committee aims to ensure nationwide implementation of the recently enacted tax reforms, which include the consolidation of over 50 overlapping taxes into a single, streamlined code, as highlighted by earlier government statements.

Key highlights of the development include: The committee will engage with public and private sectors, professional bodies, and state governments to gather input and build public trust through an inclusive approach.

Mrs. Sanyade Okoli will serve as secretary, with members including Ismaeel Ahmed and Rukaiya El Rufai, bringing diverse expertise from finance, law, and civil society, providing expert leadership.

President Tinubu emphasized that effective tax implementation is central to economic transformation, enhancing public finance management, and boosting investor confidence, highlighting key economic goals.

The committee’s mandate includes aligning revenue and regulatory agencies, harmonizing existing frameworks, and launching public awareness campaigns to ensure a smooth rollout.

This initiative follows the signing of four finance bills into law in June 2025, aimed at raising Nigeria’s tax-to-GDP ratio from 10% to 18% by 2026 without overburdening low-income households.

Finance Minister Wale Edun described the move as a “decisive step” toward resetting Nigeria’s fiscal policy framework, promising significant economic growth for all citizens. As the nation watches closely, the NTPIC’s efforts are expected to play a critical role in addressing fiscal sustainability and national development.

Stay tuned for further updates as this story develops.