The office is domiciled in the Ministry of Finance, Budget and National Planning, a statement by presidential spokesperson, Garba Shehu, said on Tuesday.
Mrs Alade, who holds BSc (Economics) and PhD in Management Science (Operations Research), retired from the Central Bank of Nigeria (CBN) as Deputy Governor in 2017 after spending 23 years in the apex bank.
She had also acted briefly in 2014 as the CBN Governor.