President Bola Tinubu has approved the appointment of Tanimu Yakubu as the Director-General of the Budget Office of the Federation.
The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, announced the appointment in a statement.
The new appointee replaces Ben Akabueze.
The statement by Ngelale on Thursday said that Yakubu is an accomplished economist and was Chief Economic Adviser to former President Umaru Yar’Adua from 2007 to 2010.
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He was also the Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007.
“He was Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003,” the statement added.
The News Agency of Nigeria reports that Yakubu holds a Master of Business Administration degree in Finance from Wagner College, Staten Island, New York, United States of America and a Bachelor of Science degree in Economics from the same institution.
Ngelale added in the statement: “President Tinubu thanks the outgoing Director-General, Akabueze, for his services and wishes him success in his future endeavours.
“The President expects Yakubu 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.”