Tinubu Appoints Arinola Ogbara-Banjoko to Commodity Board

President Bola Ahmed Tinubu has appointed Arinola Ogbara-Banjoko as a non-executive director on the board of the Nigeria Commodity Exchange. This appointment, announced in a statement released by special adviser to the president, Bayo Onanuga, is significant as Ogbara-Banjoko will represent Lagos State on the board.

The new board was constituted following the approval of its formation by President Tinubu in April 2026. The board is chaired by Dalhatu Abubakar, alongside other non-executive directors.

The federal government anticipates that the experience and professional background of the new board members will enhance the operational activities of the exchange, thereby improving commodity trade across the country and creating better market opportunities for farmers and investors, ultimately supporting economic growth.