President Bola Ahmed Tinubu, GCFR, has approved the appointment of Alhaji Dalhatu Abubakar as Chairman, along with other members of the Governing Board of the Nigeria Commodity Exchange (NCX).
The appointments are aimed at strengthening Nigeria’s commodity trading ecosystem, improving price discovery, enhancing market transparency, and boosting non-oil exports under the government’s Renewed Hope Agenda.
The appointed NCX Board members are:
Alhaji Dalhatu Abubakar (Kano State) – Chairman Hajiya Najah Muhammed (Jigawa State) – Non-Executive Director Chief (Mrs.) Bamidele Hussein (Lagos State) – Non-Executive Director Mr. Mezuo Nwuneli (Anambra State) – Non-Executive Director Mr. Obi Igwe (Imo State) – Non-Executive Director Mrs. Foluso Ayo-Olaiya (Oyo State) – Non-Executive Director Mr. Anthony Atuche (Delta State) – Managing Director
The new board will provide strategic oversight to fully operationalise the Exchange, strengthen accountability, and attract investment in warehousing, logistics, and trade infrastructure.
The Nigeria Commodity Exchange plays a critical role in formalising commodity trade, improving traceability, stabilising markets, and positioning Nigeria competitively within regional and global value chains.
Profile of the New Chairman
Alhaji Dalhatu Abubakar is a Kano-based entrepreneur, Chairman of Al-Hamsad Integrated Rice Mills, and President of the Conference of Northern States Chambers of Commerce, Industry, Mines and Agriculture (CONSCCIMA). He is well known for his contributions to agricultural industrialisation and business mentorship in Northern Nigeria.
Born in Maiduguri, Borno State, he completed his primary and secondary education locally before earning a National Diploma in Business Management and Administration from Kaduna Polytechnic.
As Chairman of the Al-Hamsad Group, he has led initiatives in rice processing and agribusiness focused on food security and economic development, while also holding leadership positions in business advocacy, including President of the Kano Chamber of Commerce, Industry, Mines and Agriculture (KACCIMA).
President Tinubu’s appointments reflect the administration’s commitment to strengthening structured commodity markets and encouraging private sector participation to achieve food security, market efficiency, and non-oil export growth.
