President Bola Ahmed Tinubu has approved the appointment of Dalhatu Abubakar as Chairman of the Nigeria Commodity Exchange (NCX), alongside the reconstitution of its governing board, effective immediately.
The presidency said the reconstitution of the NCX board aligns with ongoing efforts to expand Nigeria’s non-oil export base.
“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 in line with the renewed hope agenda.”
Dalhatu Abubakar Profile
According to a statement on Thursday by the presidency, the reconstitution of the NCX board is aligned with the administration’s renewed hope agenda, which prioritises food security, market efficiency, and export expansion.
“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,” the statement said.
Abubakar, a businessman from Kano state, is 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 the new chairman previously served as president of the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA), and is widely recognised for his contributions to agribusiness development and enterprise mentorship in northern Nigeria.
Newly Constituted NCX Board
The newly constituted board includes:
- Najah Muhammed (non-executive director)
- Bamidele Hussein (non-executive director)
- Mezuo Nwuneli (non-executive director)
- Obi Igwe (non-executive director)
- Foluso Ayo-Olaiya (non-executive director)
Anthony Atuche was also appointed as Managing Director of the exchange.
