The Managing Director and CEO of the Nigeria Commodity Exchange (NCX), Anthony Atuche, CFA, has shared updates on the Exchange’s activities during a briefing with the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole.
The meeting, which focused on strengthening Nigeria’s commodity trading ecosystem, underscored the NCX’s role in advancing national priorities such as food security and export promotion under the leadership of President Bola Ahmed Tinubu.
Atuche highlighted the progress made in standardising the trading framework, fostering ecosystem linkages, and enhancing financing structures to support both domestic trade and export-driven initiatives. “Collaboration between the government, private sector, and other stakeholders is critical for achieving sustainable economic growth,” Atuche stated.
A key emphasis was placed on empowering farmers through price discovery and improved market access. According to Atuche, the Exchange’s efforts are geared towards creating a sustainable agricultural ecosystem that rewards farmers and contributes to national development.
He also expressed optimism about working closely with Dr. Oduwole and her team to align NCX’s operations with the Renewed Hope Agenda, a policy framework designed to deliver inclusive growth and development.
Dr. Oduwole reaffirmed her commitment to fostering collaboration with the NCX, stressing the importance of commodity trading in achieving the ministry’s objectives for Nigeria’s industrial and trade sectors.
The partnership signals a renewed focus on strengthening Nigeria’s commodity markets and bolstering the nation’s agricultural value chain.