Budget Office of the Federation explained

Agencyname:Budget Office of the Federation
Abbreviation:BOF
Formedyear:1999
Country:Nigeria
Federal:Yes
Legaljuris:Budget Office of the Federation
Governingbody:President of Nigeria
Constitution1:Section 81 of the 1999 Constitution
Headquarters:Central Business Area,P.M.B. 251 Amadu Bello Way Garki,Abuja FCT,Nigeria.
Chief1name:Yakubu Tanimu
Chief1position:Managing Director/Chief Executive
Website:https://naerls.gov.ng/history/

Budget Office of the Federation is a Federal government parastatal which was established to provide budget function, implement budget and fiscal policies of the Federal Government of Nigeria with 11 departments in 2024 President Bola Tinubu appointed Tanimu Yakubu as the Director General of the Budget Office of the Federation after the expiration of Ben Akabueze tenure.[1] [2] [3]

Functions

The parastatal performed the functions of Budget and it implementation with different departments with specific roles and responsibilities to ensure that the National budget meets their needs while upholding strict fiscal discipline.[4] [5]

Notes and References

  1. Web site: uwakmfon . Budget Office . 2024-12-01 . Ministry of Budget and Economic Planning . en-US.
  2. Web site: Office of the Director General . 2024-12-01 . Budget Office of the Federation . en-gb.
  3. Web site: Zakariyau . Abdulrahman . 2024-06-13 . Tinubu appoints Yabuku new budget office DG . 2024-12-01 . Punch Newspapers . en-US.
  4. Web site: Admin . Home . 2024-12-01 . Ministry of Budget and Economic Planning . en-US.
  5. News: 2024 . Budget Office Demands Coherent, Purpose-driven Proposals from MDAs to Meet National Objectives .