Yakubu’s appointment follows the expiration of the tenure of Mr. Ben Akabueze.

The Presidency announced the appointment in a statement issued on Thursday, June 13, 2024.

The new DG Budget Office, an accomplished economist, was Chief Economic Adviser to late President Umar Yar’Adua from 2007 to 2010.

Yakubu was Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007, and Commissioner for Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003.

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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, Akabueze, for his services and wishes him success in his future endeavours.

“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,” the Presidency stated on Thursday.

The Star