According to the statement, Ogbara-Banjoko replaces Mrs Bamidele Hussein as the Lagos State representative on the board.
The presidency disclosed that the appointment was made under the supervision of the Federal Ministry of Industry, Trade and Investment, Punch reported.
In the statement titled ‘President Tinubu appoints Arinola Ogbara-Banjoko to the board of commodity exchange’, the government expressed confidence in the new appointee’s capacity to contribute to the exchange’s growth.
Presidency highlights expectations from appointee
The statement noted that the President expects Ogbara-Banjoko to deploy her experience and professionalism in strengthening commodity trading and expanding opportunities within the sector.
“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, expand market access for farmers and investors, and stimulate economic growth,” the statement read.
Before the appointment, Ogbara-Banjoko served as Coordinator of the Lagos State Special Offences (Mobile) Court, NTA reported. In that role, she supervised the prosecution of traffic offenders and coordinated the auctioning of forfeited vehicles in partnership with the Lagos State task force and Ministry of Justice. Her appointment fills the Lagos State position on the board recently constituted by President Tinubu in April. The board is chaired by Dalhatu Abubakar and includes other non-executive directors appointed to oversee the operations of the Nigeria Commodity Exchange.
