President Bola Tinubu has named Arinola Ogbara-Banjoko as a Non-Executive Director on the Nigeria Commodity Exchange board. She will represent Lagos State in this role.
Bayo Onanuga, the President's Special Adviser on Information and Strategy, announced the appointment on Thursday. Ogbara-Banjoko replaces Bamidele Hussein on the board.
Tinubu had set up the Exchange's board back in April. Dalhatu Abubakar chairs the board alongside other non-executive members.
According to the presidency, the new director brings solid professional credentials to the role. Her appointment aims to strengthen how the Exchange operates.
The President wants her to help expand commodity trading across Nigeria. Better market access for farmers and investors is also a priority.
Officials say Ogbara-Banjoko's experience will be vital for driving economic growth. She'll work alongside the Federal Ministry of Industry, Trade and Investment.
Tinubu urged her to support government efforts in these areas. Economic expansion through commodity markets remains a key policy focus.
Her appointment takes effect immediately as a Non-Executive Director. She joins existing board members in overseeing the Exchange's strategic direction.
