Tinubu appoints Ogbara-Banjoko Lagos representative on NCX board

President Bola Tinubu has approved the appointment of Arinola Ogbara-Banjoko as a Non-Executive Director on the board of the Nigeria Commodity Exchange under the Federal Ministry of Industry, Trade and Investment.

According to a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Ogbara-Banjoko will represent Lagos State on the board.

She succeeds Bamidele Hussein.

President Tinubu had earlier constituted the board of the Exchange in April, appointing Dalhatu Abubakar as chairman alongside other non-executive directors.

The presidency stated that the new appointee is expected to deploy her experience and professional expertise towards strengthening the operations of the Exchange.

Tinubu also urged her to support the Federal Government’s efforts aimed at expanding commodity trading, improving market access for farmers and investors, and boosting economic growth.

“Mrs Ogbara-Banjoko replaces Mrs Bamidele Hussein,” the statement read.

“President Tinubu had earlier in April this year constituted the board of the Exchange with Dalhatu Abubakar as the Chairman, along with other non-Executive Directors.

“The President expects the new appointee to bring her wealth of experience and professionalism to bear in strengthening the exchange’s operations and supporting the Federal Government’s drive to deepen commodity trading, market access for farmers and investors, and stimulate economic growth.”