15 February 2016

Nigeria: Budget Padding Scandal - Buhari Sacks Director General, Budget Office

Photo: Daily Trust
President Muhammadu Buhari.

President Muhammadu Buhari has approved the appointment of Tijjani Abdullahi as the new Director-General in charge of the Budget Office of the Federation.

The President also approved the appointment of Ben Akabueze as the Special Adviser on Planning to the Minister of Budget and National Planning.

Mr. Abdullahi, a fellow of the Certified National Accountants of Nigeria, and a banker of repute with experience in managing public finance, will replace the current Director-General (Budget), Yahaya Gusau.

Mr. Gusau, who replaced Bright Okogu (who completed two terms of office), was appointed to the office on August 18, 2015, for a term of four years that could have been renewed for another four years.

But he has now been sacked less than six months after, following the widespread irregularities detected in the 2016 budget presently under consideration by the National Assembly.

Presidency sources told PREMIUM TIMES Mr. Buhari believed that the sacked DG failed to effectively deliver on his mandate.

The new Director-General (Budget) is expected to work with the Minister of Budget and National Planning to efficiently deliver on the mandates of the Budget Office of the Federation, a statement by the presidency said.

Mr Akabueze, who is the immediate past Commissioner for Economic Planning and Budget in Lagos State, has worked in senior management positions in Citi Bank, Fidelity Bank, United Bank for Africa, NAL Merchant Bank, Sterling Bank and BIA Consulting Limited, among others.

He is Fellow of the Chartered Institute of Bankers; Fellow, Institute of Credit Administrators and Honorary Fellow, Chartered Institute of Bankers.

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