Tinubu appoints Joseph Tegbe to drive major tax reform implementation

In a significant move to overhaul Nigeria’s tax system, President Bola Ahmed Tinubu has approved the creation of a National Tax Policy Implementation Committee (NTPIC).

Chaired by seasoned financial expert Mr. Joseph Tegbe, the committee is tasked with executing the administration’s comprehensive tax reforms, aligning them with the nation’s economic goals.

The committee will operate under the oversight of the Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun.

Mr. Tegbe, the chairman, brings over 35 years of experience from both public and private sectors. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN), and previously served as a Senior Partner at KPMG Africa.

The committee’s Secretary will be Mrs. Sanyade Okoli, Special Adviser to the President on Finance and Economy. Other members include Ismaeel Ahmed and Rukaiya El Rufai, among other experts from tax administration, law, and civil society.

President Tinubu emphasized that the successful implementation of the new Tax Acts is crucial for economic transformation and improving public finance management.

“These new Tax Acts reflect our administration’s commitment to building a fair, transparent, and technology-driven tax system,” the President stated.

Broad Consultations regarding the tax reforms include engaging nationwide with the private sector, professional bodies, and state governments to incorporate diverse input, inter-agency,  aligning the efforts of key revenue and regulatory bodies to ensure a harmonized transition to the new tax laws, and running campaigns to build understanding and trust in the reformed tax system.

Chairman Joseph Tegbe affirmed the committee’s dedication, stating they would “work closely with all stakeholders to ensure seamless implementation and build public trust.”

Finance Minister Wale Edun highlighted the broader impact, noting that the committee has the authority “to reset not just the tax system but the entire fiscal policy framework of Government,” aiming to spur significant economic growth.

Ultimately, the NTPIC is expected to enhance revenue collection, reduce financial leakages, and reinforce accountability, thereby strengthening Nigeria’s fiscal health and supporting its national development objectives.

About The Author

Dele Fashomi

Dele Fashomi, seasoned journalist and communication teacher, is a holder of Master of Arts degree in Communication and Language Arts from the University of Ibadan in 1992/93.

Earlier, he had bagged a Bachelor degree from the same university in 1984, after which he proceeded to the Nigerian Institute of Journalism, Lagos, in 1990, for a postgraduate diploma in Journalism.

He had done many courses in communication, including the EU-BBC Editing Course in 2002.

Mr. Fashomi combines effectively the practice, research and teaching of communication. And to date, he has published two academic works in communication: Issues in Communication Technology and Policy (2010) and Economic and Social Issues in Advertising and PR (2013).

He had his first break in the Nigerian media in Concord Newspapers in 1990 and today, he has over two and half decades experience earned in several newspapers.

He has been part of many start-ups, such as The Republic (1987), The Comet (1999), The Anchor 2001 – 2002; Sun Newspapers (2003); Westerner newsmagazine (2005 – 2010) as Editor; National Life (2011) as Sunday Editor, and Newswatch Newspapers (2012- 2016) as Daily Editor.

Dele Fashomi is now the Publisher/Editor-in-Chief of Newstide247.com newspaper online, which he started in July 2015. He is also into biography writing, with many books in his trail, some of which he wrote alone and one he co- authored with his mentor, Mr Dare Babarinsa, entitled:  Olabiyi Durojaiye – DARE TO BE DiFFERENT. He also guided and collaborated with Pa Olatunji Odusanya in writing his autobiography – AGAINST ALL ODDS. There are many other books in the works under his pen.

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