Tinubu’s economic policies now leading to sustainable prosperity, reduced inflation, says Nwabueze

Date:

*As Nigeria’s Tax Ombudsman comes on board January 1, 2026

The Chief Executive of the Office of the Tax Ombudsman, Dr. John Nwabueze has commended President Bola Tinubu’s economic policies, which he noted are now stabilizing the Nigerian economy and guiding the country toward sustainable prosperity.

Nwabueze emphasized that the economic policies have led to a declining inflation rate, a stable exchange rate, growing reserves, higher investor confidence, a bullish market, and an export surplus.

This was contained in a statement on Monday by the Chief Press Secretary to the Tax Ombudsman and Chief Executive of the Tax Office, Mr Chudi Achife.

Dr Nwabueze was recently appointed by President Tinubu as the pioneer Chief Executive of the Office of the Tax Ombudsman.

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Announcing the appointment, then, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, had stated that the office was established to strengthen transparency and accountability within the tax system, enhance confidence in tax administration, while also providing a structured mechanism for the fair and impartial resolution of disputes between taxpayers and revenue authorities.

The office of the Tax Ombud, Onanuga said, “will receive, review, and resolve complaints about taxes, levies, regulatory fees, customs duties, excise matters, and other related issues in accordance with extant laws and regulations.”

 Additionally, the office also has the power to institute legal proceedings on behalf of the taxpayer at no cost to the taxpayer, to provide information on the functions of the tax authorities, and to raise awareness of taxpayer rights and obligations.

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Dr Nwabueze, according to the statement by Achife, pointed out that

the establishment of the new office demonstrated President Ahmed Bola Tinubu’s dedication to amicable and seamless tax dispute resolution and to protecting taxpayers’ rights to challenge arbitrary actions by tax and revenue authorities.

Dr Nwabueze, who has over two decades of experience in tax administration and policy in Nigeria and the United States, said, “I share in the President’s pragmatic leadership approach. Establishing the Office of the Tax Ombud shows President Bola Ahmed Tinubu’s ingenuity and foresight in reforming tax administration to ensure fairness, accountability, and efficiency.”

He equally lauded the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, for his role in implementing the Renewed Hope Agenda across all sectors of the economy.

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Dr Nwabueze said his office has lined up a number of activities, including press briefings and sessions with various stakeholders to inform Nigerians of his vision and plans for a fair, transparent, accountable, and efficient tax justice system.

Meanwhile, the office of the Tax Ombud of Nigeria will commence full operations on January 1, 2026.

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