In a statement by the Chief Compliance Officer & Company Secretary, Ayotola Jagun, noted that Yakubu was appointed to the board on June 30, 2015.

During his tenure, he served as the Chairman of the Board Audit, Strategic Planning & Finance Committee, and was also a member of the Statutory Audit Committee.

With his extensive experience in finance and strategic planning, Yakubu brought invaluable insights, financial acumen, and a strategic mindset that significantly contributed to the growth and stability of the company.

“His leadership was instrumental in guiding the company through various financial strategies and audits, ensuring robust governance and compliance,” it stated.

“The board and management of Oando Plc extend their deep appreciation to Mr Yakubu for his significant contributions and exemplary service.

“We wish him continued success in his new role and are confident that he will bring the same dedication and excellence to his work with the Federal Government as he did at Oando Plc,” the firm noted.

Yakubu succeeds Mr. Ben Akabueze as the Director General,  Budget Office of the Federation, following the expiration of the tenure of Akabueze.

Yakubu was Chief Economic Adviser to President Umaru Yar’Adua from 2007 to 2010; Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007, and Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003.

He holds a Master of Business Administration degree in Finance from Wagner College, Staten Island, New York, and a Bachelor of Science degree in Economics from the same institution.

Before his new appointment, Yakubu was serving as Board Chairman for Katsina State Development Management Board (KTDMB).

Yakubu who served in Tinubu-Shettima campaign was born 30 April 1961.