President Bola Ahmed Tinubu has appointed Mrs Arinola Ogbara-Banjoko as a Non-Executive Director representing Lagos State on the Board of the Nigeria Commodity Exchange under the Federal Ministry of Industry, Trade and Investment.
She replaces Mrs Bamidele Hussein on the board.
The President had earlier in April constituted the board of the Exchange, with Dalhatu Abubakar as Chairman alongside other non-executive directors.
According to the statement, the Presidency expects the new appointee to contribute her experience and professionalism to strengthen the operations of the Exchange.
The appointment is also aimed at supporting the Federal Government’s broader agenda to deepen commodity trading, expand market access for farmers and investors, and stimulate economic growth.
The Nigeria Commodity Exchange is expected to play a key role in improving agricultural value chains and enhancing price discovery mechanisms in the country’s commodities market.
The Presidency noted that the board’s work is central to efforts to improve efficiency in agricultural trade and support Nigeria’s economic diversification drive.
