President Bola Tinubu has appointed Tanimu Yakubu as the new Director-General of the Budget Office of the Federation, succeeding Ben Akabueze. Yakubu, an accomplished economist with extensive experience in finance and economic planning, is expected to enhance fiscal sustainability and accountability in Nigeria's public finance management.
President Bola Tinubu has appointed Tanimu Yakubu as the new director-general of the Budget Office of the Federation, following the end of Ben Akabueze's tenure. The announcement, made by presidential spokesperson Ajuri Ngelale, highlights Yakubu's extensive background in economics and public service.
Yakubu previously served as chief economic adviser to a former president from 2007 to 2010 and was the managing director and CEO of the Federal Mortgage Bank of Nigeria from 2003 to 2007. He also held the position of commissioner of finance, budget, and economic planning in Katsina State from 1999 to 2003. Yakubu's academic credentials include a Master of Business Administration in Finance and a Bachelor of Science in Economics, both from Wagner College in New York.
President Tinubu expressed gratitude to the outgoing director-general, Akabueze, for his service since his initial appointment in June 2016 by former President Muhammadu Buhari and subsequent reappointment in May 2020.
The president anticipates that Yakubu will enhance the efficiency and quality of budget management, aiming to promote fiscal sustainability, transparency, and accountability in public finance. This appointment is expected to strengthen the Budget Office's role in national development, aligning with Tinubu's vision for improved public financial management.
