President Bola Ahmed Tinubu on Tuesday inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms.
The inauguration took place at the Council Chamber of the Presidential Villa in Abuja.
The committee chaired by Taiwo Oyedele, a tax and policy expert comprises of experts from both the private and public sectors.
The committee is expected to deliver tax reforms achievable in 30 days.
According to Oyedele, the membership of the committee was carefully constituted to ensure diversity of in-depth knowledge, robust expertise, and broad representation by key stakeholder groups across the geopolitical zones.
Also included in the committee is Orire Agbaje, a 400-level Economics student of the University of Ibadan (UI).
President Tinubu said he was confident that the committee would deliver on its mandate and help to improve the tax system in Nigeria.
At the inauguration, the President said the Committee would be guided by national interest above all else.
Tinubu stated that the country cannot continue to tax poverty or production but focus on returns, income and consumption.
He also directed all government agencies, ministries and departments to cooperate fully with the Committee towards achieving their mandate.
Below is the full list of the committee members:
1.Taiwo Oyedele, Chairman
2.Representatives of Tax Practice, Law and Accounting Firms
3.Members of the Tax Advisory Committee
4.National Tax Policy Implementation Committee
5.Renowned Fiscal Policy and Tax Experts
6.Representative of the Chartered Institute of Taxation of Nigeria (CITN)
7.Representative of the Institute of Chartered Accountants of Nigeria (ICAN)
8.Representative of the Association of National Accountants of Nigeria (ANAN)
9.Representative of the Nigerian Bar Association (NBA)
10.Nigerian Economic Summit Group (NESG)
11.Organised Private Sector of Nigeria (OPSN)
12.Nigerian Association of Small and Medium Enterprises (NASME)
13.Women in Business (WIMBIZ)
14.Representative of the Federal Ministry of Justice
15.Representative of the Federal Ministry of Finance
16.Representative of Federal Ministry of Trade, Industry & Investment
17.Representative of Ministry of Telecommunications & Digital Economy
18.Nigerian Investment Promotion Commission (NIPC)
19.Tariff Technical Committee
20.Nigerian Ports Authority (NPA)
21.Nigerian Maritime Administration and Safety Agency (NIMASA)
22.Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
23.The Federal Inland Revenue Service (FIRS)
24.The Joint Tax Board (JTB)
25.Nigeria Customs Service
26.Representative of Association of Local Government of Nigeria (ALGON)
27.National Institute for Legislative and Democratic Studies (NILDS)
28.National Institute for Policy and Strategic Studies (NIPSS)
29.Revenue Mobilisation Allocation and Fiscal Committee (RMAFC)
30.The Budget Office of the Federation
31. Accountant General of the Federation
32.National Bureau of Statistics
33.DG, Nigeria Governors’ Forum
34.Debt Management Office
35.Chairman, Finance Commissioners’ Forum
36.Central Bank of Nigeria
37.Students Tax Clubs
38. Partners & Observers – World Bank, IMF, United Nations, @BudgITng, Tax Justice & Governance Platform
