New tax law: NTPIC emphasises need for clear communication, public trust
NTPIC Hosts Consultative Session to Discuss New Tax Laws
By Cynthia Alo
The National Tax Policy Implementation Committee (NTPIC) recently convened a high-level consultative session aimed at enhancing the understanding and implementation of Nigeria’s newly enacted tax laws. The meeting brought together representatives from leading tax advisory firms, professional bodies, and various institutions.
Key representatives attended, including national presidents from different organizations and leading tax partners from advisory firms.
During the session, NTPIC Chairman Joseph Tegbe emphasized that the success of the tax reforms hinges not only on policy design but also on effective change management. He underscored the significance of clear communication and establishing public trust, reiterating the Committee’s commitment to collaborating with sub-national governments through the Joint Revenue Board. This partnership aims to harmonize tax interpretations, build capacity, and ensure consistency across federal and state tax administrations.
Participants expressed strong support for the reforms, characterizing them as timely and structural with the potential to strengthen Nigeria’s fiscal framework. Discussions highlighted that the reforms align with the Federal Government’s broader objectives of enhancing long-term fiscal sustainability rather than focusing solely on immediate revenue increases.
While attendees acknowledged the robust legislative framework, they pointed out the necessity for consistent interpretation across institutions and the establishment of clear operational guidelines to avoid fragmented enforcement. They recommended that the implementation process be backed by well-coordinated and simplified public education strategies. These strategies should clarify the reforms’ impacts on individuals, small businesses, and corporations, while also promoting the principles of fairness, proportionality, and national development.
