Skip to main content

Tanimu Yakubu: Architect of Nigeria’s Modern Fiscal Framework




By Amdrew Akor

Tanimu Yakubu, Director General of the Budget Office of the Federation, has emerged as a central figure in Nigeria’s public financial management landscape—an institutional reformer whose career has consistently fused macroeconomic insight with operational discipline. Since assuming office, he has redefined Nigeria’s budgeting architecture, embedding transparency, policy coherence, and institutional accountability into the heart of the federal fiscal process.

A seasoned technocrat with extensive experience as Commissioner for Finance, Budget, and Economic Planning in Katsina State (1999–2002) and as Chief Economic Adviser to President Umaru Musa Yar’Adua, Tanimu brings a uniquely integrative understanding of public finance—from subnational fiscal strategy to sovereign economic planning. His tenure at the Budget Office marks a return to first principles: restoring credibility, reasserting control, and retooling the budget as both a development and stabilization instrument.

Strategic Overhaul of the Budgetary Process

Under his leadership, the Budget Office has undergone a substantive shift from a narrow appropriation-processing agency to a policy-focused fiscal authority. He has championed the institutionalization of the Medium-Term Expenditure Framework (MTEF) as a credible fiscal anchor, linking budget plans to national development objectives while ensuring alignment with macroeconomic realities. Through enhanced inter-agency coordination and early budget call circulars, the office under his watch has ensured the timely preparation and enactment of annual appropriation laws—most notably achieving passage of the 2025 Appropriation Act before the close of 2024.

This level of timeliness, transparency, and technical rigour had been elusive for decades. Tanimu’s reforms have not only restored credibility to the national budget process but have also improved investor confidence, credit rating dialogue, and fiscal predictability across MDAs.

Fiscal Discipline, Monitoring, and Compliance

A cornerstone of his administration has been the enhancement of post-appropriation control mechanisms. Recognizing that appropriations without accountability are hollow, he strengthened the monitoring and evaluation (M&E) architecture within the Budget Office, introducing real-time capital budget performance tracking and outcome-based reporting frameworks. This has curtailed the incidence of abandoned projects, misallocated resources, and opaque fund utilization.

He has further championed the integration of digital monitoring dashboards, ensuring that disbursements and physical project progress are reconciled regularly—thus enabling proactive decision-making by the Presidency, National Assembly, and fiscal authorities.

Budgeting as a Development Strategy

Beyond technical reforms, Tanimu has repositioned the budget as a platform for national development and economic renewal. In close collaboration with the Federal Ministry of Finance and the Office of the President, he led the articulation of a triple-budget approach for the fiscal year: the 2024 Main Budget, a targeted 2024 Supplementary Budget, and the early preparation of the 2025 Budget—all seamlessly integrated to finance priority projects under the Renewed Hope Agenda.

He also supervised the revival of Nigeria’s GDP rebasing process, a move long delayed, but one that is foundational for accurate macroeconomic planning, sectoral targeting, and sovereign risk pricing. This initiative has not only improved the integrity of public data but also attracted renewed interest from international development partners and private sector investors.

Sectoral Impact and Cost-Efficiency

In line with President Tinubu’s focus on agriculture and energy security, Tanimu ensured timely release and efficient tracking of funds to critical sectors. His interventions in the upstream oil sector, including fiscal policy dialogue with the NNPC and Ministry of Petroleum Resources, have contributed to lower cost-per-barrel benchmarks and increased production efficiency. Similarly, his structured intervention in agriculture financing—especially fertilizer and mechanization subsidies—has supported food system stability and helped cushion inflationary pressures.

Furthermore, through rigorous forecasting and a newly instituted fiscal risk framework, he has improved variance analysis and scenario planning within the Budget Office, yielding greater predictability in revenue and expenditure trends. The office now operates with a 90% accuracy rate in key fiscal indicators—an unprecedented achievement.

Human Capital and Institutional Resilience

Tanimu has not only focused on numbers and institutions but also on the people behind them. He introduced performance-based incentives, inter-agency technical secondments, and continuous professional development for staff, fostering a culture of excellence and cross-functional collaboration. The integration of skilled professionals from planning, finance, and audit backgrounds into the Budget Office ecosystem has expanded its capacity and operational depth.

Recognizing the centrality of ICT, he oversaw the digitization of budget workflows, internal audit processes, and stakeholder dashboards. These tools have improved transparency, reduced leakages, and elevated the Office’s capacity to deliver on its mandate.

Stakeholder Engagement and Development Partnerships

Tanimu’s quiet diplomacy and policy clarity have reenergized Nigeria’s engagement with international development partners. His efforts have unlocked greater programmatic funding from multilateral partners like the World Bank, AfDB, and bilateral agencies, anchored on fiscal responsibility, verifiable outcomes, and sectoral alignment.

He has also deepened National Assembly engagement, emphasizing their constitutional role in appropriation and oversight while building trust through timely submissions, data transparency, and joint project inspections. His strategic communication with state governments has improved vertical coordination, enabling better implementation of federally funded capital projects at the subnational level.

Conclusion: A Fiscal Steward for a New Era

In an age of constrained revenues, complex global headwinds, and rising citizen demands, Tanimu Yakubu has restored strategic foresight, fiscal discipline, and operational integrity to Nigeria’s budgeting process. His leadership stands as a model for technocratic excellence—anchored in accountability, focused on delivery, and aligned with national priorities.

In celebrating his stewardship, we celebrate more than a public servant—we celebrate a renewed national commitment to fiscal responsibility, economic transformation, and democratic development.

Akor is a public policy analyst based in Abuja.

Comments

Popular posts from this blog

FUOYE: Students, Staff Protest Alleged VC, Council Chairman's Romance Of Corruption

Dust seems far from settling at the Federal University Oye-Ekiti as students and youth leaders across Ekiti State in large numbers abandoned academic and other daily duties earlier today to further express their grievances in a peaceful protest within the campus. The protest followed an earlier notice by the leadership of the National Youth Council of Nigeria (NYCN), Ekiti State Chapter, calling on all youth and students in Ekiti State to join its peaceful protest slated for today Monday 3rd November, 2025 after declaring a State of Emergency on what they perceived as an administrative injustice, impunity and a “toxic alliance” between the Chairman of the Institution's Governing Council, Senator Ndoma-Egba and the Vice-Chancellor of the school, Prof. Abayomi Fasina. The NYCN had earlier in a multiple petition to President Bola Tinubu, the Minister of Education, several anti graft agencies, security agencies, and other relevant bodies, lamented the high level of moral decay and outr...

Corruption Allegation: NYCN Petitions Tinubu, Others To Suspend FUOYE VC Selection Process Among Other Financial, Sexual Harassment Allegations

The National Youths Council of Nigeria (NYCN), Ekiti State chapter, has petitioned President Bola Tinubu to order an immediate suspension of the ongoing Vice-Chancellorship process in the Federal University of Oye-Ekiti (FUOYE). The petition was titled: “Petition against ongoing administrative manipulation, corruption and abuse of due process in the appointment of a new Vice-Chancellor at the Federal University of Oye-Ekiti (FUOYE).” The NYCN said to be representing the collective voice and future of Nigerian students and youth appealed to President Tinubu who is also the Visitor to FUOYE to turn his attention to “the grave irregularities, corruption, and coordinated administrative abuse” in FUOYE. The petition which was jointly signed by the NYCN Ekiti State Chapter Chairman, Amb. James Bankole and its General Secretary, Oluwanifemi Olawale said FUOYE has “fallen into administrative darkness under the combined manipulation” of the Governing Council's Chairman, Senator Victor Ndoma...

Managing Director/CEO of Fendini Homes Ltd , Prince Adelaja Adeoye Arrested for Alleged Document Falsification, Forgery

The Managing Director/CEO of Fendini Homes Ltd , Prince Adelaja Adeoye Arrested for Alleged Document Falsification, Forgery, Fraud and Intimidation as regards the Ownership of Rayfield Garden City, Alao Akala Housing Estate, Ibadan Oyo State. We express deep concern over the recent arrest of Prince Adelaja Adeoye, Chairman and Managing Director of Fendini Homes Ltd, in connection with the alleged fraud, falsification of official documents in connivance with some Government officials of Oyo state Public Private Partnership agency (OYSIPA) to forge documents belonging to the Rightful Project proponent, Messrs. Privus Crest Limited as originally approved by the state government through the Oyo state Public Private Partnership agency (OYSIPA). The case of alleged forgery was formally brought to the attention of the Inspector General of Police via a petition dated 9th of May, 2025. Following due process, approval was granted for the arrest of Prince Adelaja Adeoye for interrogation and furt...