If N is large enough, then the answer is no, since this maze can't be created:
._._._._._._.
._._| ._._. ._. |_.
._| ._. |_. ._. ._. |
| ._. ._. ._. ._._| |
| |_._. ._. ._. ._._|
|_._._._._._._._|
By "large enough", I just mean large enough that wrapping all the way around the color wheel can't possibly occur in the maze above - so N bigger than 50 is certainly large enough. This maze might also be a counterexample for small N, but I haven't found an easy way to check that.
The reasoning is as follows. If there is no wrapping around, then we may as well imagine that we are coloring the tiles by integers. Imagine, for the sake of contradiction, that there was a coloring of the tiles by integers satisfying your conditions.
For each wall, we keep track of which direction we need to cross the wall in order to cause the color to increase.
As we cross any wall in the increasing direction, the color must increase by at least $2$, and as we step from a tile to a neighboring tile with no wall between them, the color can decrease by at most $1$. So if I manage to draw a loop through the maze which is allowed to cross walls only in the increasing directions, and if the number of steps in my loop which don't cross walls is less than twice the number of steps which do cross walls (in the increasing directions), then I get a contradiction.
By drawing loops of length four, I can argue that in the configuration
. . .
._._.
. . .
the increasing direction for both walls must be the same, and in the configuration
. . .
. ._.
. | .
if the increasing direction for the top wall is upward, then the increasing direction for the left wall must be leftward (and similarly if we reverse the directions). Putting rotated versions of these facts together, we see that in the configuration
. . . .
. ._. .
._._| .
. . . .
the top wall's increasing direction must be the opposite of the bottom wall's increasing direction.
By drawing loops of length eight, we can also see that in every copy of the configuration
. . . .
._. ._.
. ._. .
. . . .
the top two walls must have the same increasing direction.
By finding copies of these configurations in the maze that I claimed couldn't be created, we can relate almost all of the increasing directions to each other, and we find that the increasing directions of the horizontal walls are either upward for odd y-coordinates and downward for even y-coordinates, or vice-versa. But then we have a loop of length 10 through a sub-configuration which looks like
._._.
._. .
. ._.
._. .
. ._.
._._.
which passes through 4 walls in their increasing directions, showing that no coloring is compatible with this choice of increasing directions.