President Bola Tinubu on Thursday approved the appointment of Tanimu Yakubu as the Director-General of the Budget Office of the Federation. This is coming on the heels of the expiration of the tenure of Ben Akabueze.
According to report, the new DG, Yabuku is an accomplished economist. He was the erstwhile Chief Economic Adviser to a former President Muhammadu Buhari from 2007 to 2010. Also served as the Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007. Yakubu also was the Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003.
The new Director-General of the Budget Office of the Federation holds a Master of Business Administration, MBA, degree in Finance from Wagner College, Staten Island, New York. He also holds a Bachelor of Science, B.Sc. degree in Economics from the same institution.
The appointment of Yakubu was contained in a statement on Thursday from the presidency.
According to the statement, President Tinubu thanked the outgoing Director-General, Ben Akabueze, for his services. He, therefore, wished him success in his future endeavours.
The new Director-General is expected to further enhance the provision of efficient and qualitative budget functions. This is with a view to promoting fiscal sustainability, transparency, and accountability in public finance management for national development.
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