Tayo Busayo, Abuja
DAILY COURIER - President Bola Tinubu has announced the appointment of Mr. Tanimu Yakubu as the new Director-General of the Budget Office of the Federation, succeeding Mr. Ben Akabueze whose tenure has concluded.
A statement by his spokesperson, Ajuri Ngelale today disclosed that Mr. Yakubu brings a wealth of experience to the role, having previously served as Chief Economic Adviser to a former President from 2007 to 2010, and as Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007. His tenure as Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003 further underscores his extensive background in economic management.
Mr. Yakubu holds a Master of Business Administration degree in Finance and a Bachelor of Science degree in Economics, both from Wagner College, Staten Island, New York.
President Tinubu expressed his gratitude to Mr. Ben Akabueze for his dedicated service as the outgoing Director-General, acknowledging his contributions to the nation's fiscal policies and wishing him success in his future endeavors. Akabueze’s tenure was marked by significant strides in enhancing budgetary processes and promoting fiscal discipline.
The President highlighted the critical role of the Budget Office in ensuring fiscal sustainability, transparency, and accountability in public finance management. He tasked Mr. Yakubu with the responsibility of further advancing these objectives to drive national development.
"The Budget Office of the Federation is a pivotal agency in our quest for economic stability and growth. I am confident that Mr. Yakubu's vast experience and expertise will be instrumental in enhancing the efficiency and quality of our budget functions," President Tinubu stated.
The President on Media and Publicity, conveyed these announcements in a formal statement, underscoring the administration's commitment to robust and transparent public finance management.