• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Saturday, June 6, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Tinubu Sets Up National Tax Policy Committee to Drive Nigeria’s Fiscal Reforms

November 28, 2025
in Business & Economy
Reading Time: 3 mins read
0
Tinubu speaking
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

Summary

President Bola Tinubu has approved the creation of the National Tax Policy Implementation Committee (NTPIC), a new body designed to steer the administration’s major tax reforms toward full execution in alignment with Nigeria’s economic goals.

The committee will be chaired by Joseph Tegbe, and its primary responsibility is to ensure that the government’s tax policies are fully implemented to bolster revenue mobilisation, reduce leakages, strengthen accountability, and reinforce the broader fiscal sustainability vision of the administration. In a statement released by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, it was disclosed that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, will oversee the committee’s work.

Joseph Tegbe
Photo of Joseph Tegbe

President Tinubu stressed that the successful implementation of the new Tax Acts is central to his administration’s economic transformation strategy. He said this would be pivotal in enhancing public finance management while protecting the expectations of investors and productive sectors. According to him, “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 President also explained that the new committee would ensure coordinated implementation across all levels of government. “The National Tax Policy Implementation Committee will ensure coherent, effective, and well-aligned implementation across all levels of government,” he stated.

The NTPIC’s work will focus heavily on engaging a wide range of stakeholders. This includes nationwide consultations with the private sector, professional groups, and state governments, as well as a broad public awareness campaign to support the rollout of the tax reforms. Another major highlight of the committee’s mandate is the push for strong inter-agency coordination by harmonising the activities of key revenue and regulatory bodies. This will involve aligning existing frameworks with the new laws and ensuring unified oversight and reporting throughout the period of transition.

To secure broad input and trust, the committee will conduct extensive consultations across both public and private sectors. Its membership consists of professionals from tax administration, finance, law, the private sector, and civil society, ensuring what the government describes as a fair and inclusive implementation structure.

Joseph Tegbe, the committee chairman, is a fellow of the Institute of Chartered Accountants of Nigeria (FCA) and the Chartered Institute of Taxation of Nigeria (FCIT), with more than 35 years of experience across public and private sectors, including his previous role as 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 secretary. Other members include Ismaeel Ahmed, Rukaiya El Rufai, and several others.

Tinubu's Cabinet

Tegbe reaffirmed the committee’s readiness to work diligently and transparently, stating, “We understand the strategic importance of these Tax Acts. Our committee will work closely with all stakeholders to support the Minister of Finance and Coordinating Minister of the Economy in ensuring seamless implementation and building public trust in the tax system.”

Commenting on the committee’s establishment, Edun said, “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, to deliver significant economic growth for the benefit of all Nigerians.”

What you should know

President Tinubu’s establishment of the National Tax Policy Implementation Committee signals a major step toward enforcing Nigeria’s new tax laws and improving public revenue management. 

By appointing seasoned professionals and emphasising nationwide consultation, the administration aims to strengthen fiscal discipline, reduce revenue leakages, and build a fairer, technology-driven tax framework that supports both economic growth and investor confidence.

Tags: Fiscal ReformPresident Bola TinubuTax policyTax Reforms
Share200Tweet125Share35
Previous Post

FCTA Begins Enforcement on Over 1,000 Revoked Property Titles in Abuja

Next Post

Arteta Praises Chelsea’s Rise as He Gears Up for a Fierce London Derby

Related Posts

CBN

CBN Issues New Forex Penalties

by Victoria Ogbadu
June 6, 2026
0

The Central Bank of Nigeria (CBN) has announced a stiff N100 million penalty for banks that process foreign exchange transactions...

Dangote

Dangote Refinery Shatters Capacity Records As Petrol Prices Dip Across Lagos

by Victoria Ogbadu
June 6, 2026
0

On Saturday morning, petrol tankers lined the Lagos-Ibadan Expressway, not a sign of scarcity this time, but of supply. The...

Gold

Global Gold Prices—5th June 2026

by Victoria Ogbadu
June 5, 2026
0

Gold slid for a second consecutive week on Friday, as stalling Middle East peace talks crushed investor hopes for a...

naira

Naira vs Dollar Exchange Rate—5th June 2026

by Victoria Ogbadu
June 5, 2026
0

Naira held its ground against the United States dollar on Friday, maintaining a broadly stable footing in both the official...

oil

Global Oil Prices—5th June 2026

by Victoria Ogbadu
June 5, 2026
0

Oil prices clawed back ground on Friday, staging a modest recovery after one of the most volatile weeks of trading...

Load More
Next Post
Mikel Arteta

Arteta Praises Chelsea’s Rise as He Gears Up for a Fierce London Derby

President Trump Orders Hundreds More National Guard Troops to D.C. After Shooting Of Guardsmen.

Charges Escalate as Afghan National Faces First-Degree Murder Accusation in National Guard Shooting

The African Union

African Union Suspends Guinea-Bissau as Regional, Global Outrage Mounts Over Military Takeover

Zelensky with Long-Time Ally Andriy Yermak

Zelensky Ousts Long-Time Ally Andriy Yermak Amid High-Level Corruption Raids, Wartime Pressure

Photo of Chris Ngige

Gunmen Ambush Convoy of Ex-Minister Chris Ngige in Anambra as Peter Obi Visits to Condemn the Attack

CBN Governor

Nigeria’s Economy Has Emerged Stronger – Cardoso

Photo of Obasanjo

Nigerians Have Right to Seek International Help If Government Fails to Stop Killings – Obasanjo

Photo of Goodluck Jonathan

Jonathan Explains Return on Ivorian Aircraft After Guinea-Bissau Coup

Sign of St. Mary’s Catholic Primary and Secondary Schools in Papiri

Kontagora Diocese Confirms 265 Still Held After Niger School Abductions

Court Restrains Natasha, Akpabio, Others from Speaking to Press on Suspension Suit

Appeal Court Reserves Judgment in Akpoti-Uduaghan, Akpabio Case

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
Blessing CEO

Federal Court to Rule on Blessing CEO’s Bail

June 6, 2026
Music

Court Finds JTon Music in Breach as Qing Madi Contract Dispute Escalates

June 6, 2026
FG threatens to sack contractors

FG threatens to sack contractors

June 6, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp