President Bola Tinubu has appointed Arinola Ogbara-Banjoko as a Non-Executive Director on the Board of the Nigeria Commodity Exchange, a move aimed at strengthening commodity trading and expanding market opportunities for farmers and investors.
President Bola Ahmed Tinubu has appointed 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.
Ogbara-Banjoko replaces Bamidele Hussein on the board.
The appointment comes weeks after President Tinubu constituted the board of the exchange in April, naming Dalhatu Abubakar as chairman alongside other non-executive directors.
According to the presidency, the new appointee is expected to deploy her professional experience and expertise toward strengthening the operations of the exchange and supporting the Federal Government’s economic reform agenda.
The administration said the Nigeria Commodity Exchange plays a strategic role in deepening commodity trading, improving market access for farmers and investors, and stimulating economic growth across the country. The appointment is also expected to support ongoing efforts to enhance transparency, efficiency and investment opportunities within Nigeria’s commodity trading sector.
The Federal Ministry of Industry, Trade and Investment has continued to position the exchange as a key platform for expanding agricultural value chains, improving price discovery and attracting greater participation from local and international investors.
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