President Tinubu Appoints New DG For Nigerian Budget Office

ABUJA, (iexclusivenews) – In a strategic move that signals a new era in Nigeria’s fiscal management, President Bola Tinubu has announced the appointment of Mr. Tanimu Yakubu Kurfi as the Director-General of the Budget Office of the Federation.

This pivotal decision comes at the conclusion of Mr. Ben Akabueze’s successful tenure, paving the way for Kurfi’s wealth of experience to steer the nation’s budgetary course.

A Storied Career in Economic Strategy

Tanimu Yakubu Kurfi

Tanimu Yakubu Kurfi, a seasoned economist and strategist, brings to the table an illustrious career marked by significant contributions to both the public and private sectors.

His tenure as Chief Economic Adviser to former President Umaru Yar’Adua from 2007 to 2010 was distinguished by his pivotal role in crafting policies that led to the establishment of Nigeria’s first Sovereign Wealth Fund.

Kurfi’s expertise was instrumental in resolving the Niger Delta crisis, which subsequently boosted Nigeria’s crude output by a staggering 900,000 barrels per day.

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Pioneering Achievements in Finance

As the Managing Director and CEO of the Federal Mortgage Bank of Nigeria from 2003 to 2007,

Kurfi spearheaded the first mortgage-backed securitization in Sub-Saharan Africa.

His earlier role as Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003 saw him implement a legislative framework that resulted in an unprecedented capital to recurrent expenditure ratio.

Academic Foundations and Board Leadership

Kurfi’s academic credentials are equally impressive, holding an MBA in Finance and a Bachelor of Science in Economics from Wagner College, New York.

Prior to his latest appointment, he served as the Board Chairman for the Katsina State Development Management Board (KTDMB), further honing his leadership skills¹.

A Vision for Nigeria’s Economic Future

With Kurfi at the helm of the Budget Office, there is a palpable sense of anticipation for the innovative policies and economic frameworks he is expected to introduce.

His involvement in the Tinubu-Shettima campaign underscores his commitment to the current administration’s vision.

As Nigeria navigates the complexities of global economic dynamics, the expertise of Tanimu Yakubu Kurfi will be crucial in shaping a sustainable and prosperous future for the nation.

His appointment is not just a testament to his individual capabilities but also a reflection of President Tinubu’s dedication to enhancing Nigeria’s economic landscape.

Stay tuned for more updates on this developing story and other significant moves by the Nigerian government that aim to bolster the country’s economic fortitude.