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Home Business News

President Buhari reappoints Ben Akabueze as DG Budget office

Chike Olisah by Chike Olisah
May 18, 2020
in Business News, Politics
Ben Akabueze, CBN, NPA, other MDAs fail to meet revenue target in 2019

Ben Akabueze

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President Muhammadu Buhari has approved the reappointment of Mr. Benjamin Akabueze as the Director General (DG) of the Budget Office of the Federation.

This was disclosed in a tweet post by the presidency from its official Twitter handle on Sunday May 17, 2020.

In the post, the Federal Government acknowledged that under Ben Akabueze’s leadership, the Budget Office is undergoing a couple of reforms that will help improve its efficiency and effectiveness.

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The tweet post from the presidency states, ‘’President Muhammadu Buhari has approved the renewal of the tenure of Mr. Benjamin Akabueze as Director-General of the Budget Office of the Federation. The Budget Office is currently undergoing several reforms under the leadership of Akabueze, towards improving effectiveness and efficiency.’’

(READ MORE: FG impounds aircraft for illegal flight operations)

President @MBuhari has approved the renewal of the tenure of Mr. Benjamin Akabueze as Director-General of the Budget Office of the Federation. The Budget Office is currently undergoing several reforms under the leadership of Akabueze, towards improving effectiveness & efficiency. pic.twitter.com/qHaQENy2vr

— Presidency Nigeria (@NGRPresident) May 17, 2020

It was reported that the president gave his approval for the extension of Akabueze’s tenure because of his track record of sterling performance and achievements in the course of his duty.

READ ALSO: UPDATE: Office of Nigeria’s Accountant General is reportedly engulfed in flames

The Budget Office DG, whose first tenure is supposed to expire on June 10, 2020, was first appointed the Special Adviser on Planning to the President in February 2016 before he was subsequently redeployed as the Director-General of Budget Office of the Federation four months later.

Ben Akabueze, who is a trained accountant and economist, was once the Chief Executive Officer of NAL Bank Plc in 2000, a post he retained until its merger in 2005 with other banks to form Sterling Bank Plc. He was thereafter appointed the Commissioner for Budget and Economic Planning in Lagos State Government in 2007 under the administration of Babatunde Raji Fashola, a position he held until 2015.

He was the Pastor in charge of Lagos Province 39 of the Redeemed Christian Church of God until his appointment with the Federal Government.

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Tags: Ben AkabuezeBudget OfficeNigeria NewsPresident Muhammadu Buhari

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