President Bola Ahmed Tinubu has appointed Dalhatu Abubakar as chairman of the Nigeria Commodity Exchange (NCX).
President Tinubu also appointed six members of the governing board of the federal government agency.
This is contained in a statement issued on Thursday, April 2, 2026, by the presidency via its X handle @NGRPresident.
The Presidency said the appointment will take immediate effect. “The appointments are part of ongoing efforts to strengthen Nigeria’s commodity trading ecosystem, enhance price discovery, improve market transparency, and drive the expansion of non-oil exports.”
According to the statement, the appointment is part of efforts by President Tinubu’s administration to strengthen Nigeria’s commodity trading ecosystem and drive non-oil export growth.
The newly approved board members include:
1. Najah Muhammed (non-executive director)
2. Bamidele Hussein (non-executive director)
3. Mezuo Nwuneli (non-executive director)
4. Obi Igwe (non-executive director)
5. Foluso Ayo-Olaiya (non-executive director)
6. Anthony Atuche (managing director)
The presidency said the reconstituted NCX board is expected to provide the strategic oversight required to fully operationalise the exchange.
The new NCX board is also expected to attract investment into key areas such as warehousing, logistics, and trade infrastructure.
The new NCX chairman is the chairman of Al-Hamsad Integrated Rice Mills and president of the Conference of Northern States Chambers of Commerce, Industry, Mines and Agriculture (CONSCCIMA).
The presidency also said Abubakr, a Kano State indigene, previously served as president of the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA)
“The reconstitution of the NCX board will provide the strategic oversight required to fully operationalise the exchange, strengthen accountability, and attract investment into warehousing, logistics, and trade infrastructure.”
