President Tinubu Makes Surprise New Appointment

According to a statement issued by the Presidency through the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Ogbara-Banjoko will serve as the representative of Lagos State on the board, succeeding Bamidele Hussein.

Reports indicate that the President had earlier constituted the board of the Nigeria Commodity Exchange in April 2026, with Dalhatu Abubakar appointed as chairman alongside other non-executive directors.

The statement noted that the Federal Government expects the newly appointed board member to deploy her professional expertise and experience towards strengthening the operations and activities of the exchange.

Government officials also expressed confidence that her appointment would support ongoing efforts to enhance commodity trading nationwide, expand market opportunities for farmers and investors, and contribute to the country’s economic development.

Meanwhile, President Tinubu also held talks with global investors in Paris, France, where he highlighted his administration’s commitment to transparency, fiscal discipline, and the rapid implementation of economic reforms.

The meeting reportedly involved representatives from Citibank and French investment firm Amundi, led by Valerie Baudson, alongside investors from BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, Prudential Global Investment Management (PGIM), and Mesarete Capital.