President Bola Tinubu has approved the appointment of Mr Tanimu Yakubu as the Director-General of the Budget Office of the Federation.
Mr Tinubu replaces Ben Akabueze whose tenure has expired.
The presidential spokesman, Ajuri Ngelale, announced the appointment in a statement on Thursday.
The statement said that Mr Yabuku is an accomplished economist and was Chief Economic Adviser to a former President from 2007 to 2010. He was also 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.
Mr Yakubu 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 Tanimu 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 statement added.