Friday, June 14, 2024 -President Bola Tinubu has approved the appointment of Tanimu Yakubu as the Director-General of the budget office of the federation.
The appointment follows the expiration of
the tenure of Ben Akabueze, according to a statement by Ajuri Ngelale, the
presidential spokesperson
Akabueze was first appointed in June 2016
by ex-President Muhammadu Buhari, as the director-general of the budget office
of the federation. His tenure was later extended for a second term on May 17,
2020.
A statement from the presidency says Yakubu
is an accomplished economist and was chief economic adviser to a former
president from 2007 to 2010. It further disclosed that Yakubu was the managing
director and chief executive officer (CEO) of the Federal Mortgage Bank of
Nigeria from 2003 to 2007, and 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 degree in
Finance from Wagner College, Staten Island, New York, and a Bachelor of Science
degree in Economics from the same institution. President Tinubu thanks the
outgoing Director-General, Mr. Akabueze, for his services and wishes him
success in his future endeavours.” the statement reads
The statement added that the president
expects the new director-general of “this pivotal agency” to further enhance
the provision of efficient and qualitative budget functions, with a view to
promoting fiscal sustainability, transparency, and accountability in public
finance management for national development.
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