NTPIC Begins Stakeholder Engagements, Targets Humane Implementation of New Tax Acts

by PEOPLE'S VOICE
2 minutes read

NTPIC Begins Stakeholder Engagements, Targets Humane Implementation of New Tax Acts

 

By The People’s Voice Nigeria News

 

The National Tax Policy Implementation Committee (NTPIC), chaired by Mr. Joseph Tegbe, has commenced structured stakeholder engagements to ensure a humane, inclusive, and well-coordinated implementation of the new Tax Acts, as the country undertakes significant fiscal reforms.

 

The Committee aims to bridge the gap between policy intent and execution by promoting clarity, managing expectations, and ensuring that implementation reflects the realities of businesses, citizens, and all levels of government. This is being achieved through close collaboration with the Nigeria Revenue Service (NRS) and the Presidential Fiscal Policy Reform Committee (PFPRC).

 

As part of its initial consultations, the committee leadership team met with the Presidential Fiscal Policy Reform Committee (PFPRC), led by Mr. Taiwo Oyedele, to ensure alignment between reform objectives and practical implementation realities. Mr. Oyedele highlighted challenges arising from misinformation about certain provisions of the law, noting that some aspects had been misinterpreted in public discussions.

 

He added that targeted and accessible communication initiatives are being developed to address these gaps, with stakeholder feedback playing a key role in shaping the reform process.

 

In a separate engagement with the Executive Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, NTPIC focused on harmonising implementation priorities and strengthening institutional coordination. The Committee outlined its ongoing activities and implementation roadmap.

 

Dr. Adedeji commended NTPIC’s proactive approach, describing the new tax laws as a significant development in Nigeria’s fiscal framework. He noted that while new policies may take time to gain full public acceptance, a transparent, well-sequenced, and education-driven implementation process will gradually build confidence and trust.

 

In conclusion, NTPIC emphasised that effective tax reform depends not only on legal and technical design but also on clear communication and robust stakeholder engagement. Mr. Tegbe stressed that structured consultations and consistent communication are central to the success of the reforms.

 

He assured that engagements will continue with the National Economic Council, the Nigerian Governors’ Forum, Local Government leaders, as well as traditional, religious, and community leaders. He reiterated that the new Tax Acts are designed to create a simpler, fairer, and more predictable tax system that fosters voluntary compliance, strengthens investor confidence, and supports sustainable economic growth.

 

The NTPIC team also includes the Chairman of the Stakeholder Engagement Subcommittee, Barrister Ismael Ahmed, and the Chairman of the Technical Subcommittee, Mr. Ajibola Olomola.

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