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President Bola Tinubu has approved the appointment of Mr. Tanimu Yakubu as the new Director-General of the Budget Office of the Federation. Yakubu succeeds Mr. Ben Akabueze, whose tenure recently expired.

The announcement was made in a statement by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, on Thursday.

Yakubu is a seasoned economist with a distinguished career, having served as Chief Economic Adviser to a former President from 2007 to 2010. He was also the Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007 and the Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003.

According to the statement, “The new Director-General of the Budget Office of the Federation holds a Master of Business Administration degree in Finance and a Bachelor of Science degree in Economics from Wagner College, Staten Island, New York.”

President Tinubu expects Yakubu to enhance the efficiency and quality of budget functions, promoting fiscal sustainability, transparency, and accountability in public finance management for national development.

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