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NSE eulogises Ojukwu, says he served with all his might

The Nigerian Stock Exchange, NSE, has joined in eulogising the late Ikemba of Nnewi, Dim Chukwuemeka Odumegwu-Ojukwu, saying he lived ahead of his contemporaries in formulating the Nigerian nation and served the country with all his might.

Officials of the NSE and dealing members of the Exchange observed a minute as a mark of honour to Ojukwu.

According to Mr. Oscar Onyema, Chief Executive Officer, NSE, the tribute was also as a result of the immense contribution of Ojukwu’s father, Sir Louis Odumegwu-Ojukwu, in the creation of the NSE.

He said, “The Ojukwu’s family is very much part of the Exchange. Ikemba’s father, Sir Louis Odumegwu-Ojukwu, was a founding member and the first Nigerian president of the Nigerian Stock Exchange (1963 -1966). He was also on the Board of directors of some of Nigeria’s most prestigious companies such as Shell Oil Nigeria Limited, Nigeria Coal Corporation, among others.

He contributed immensely to the Exchange in the following ways: He was an original subscriber to the memorandum and articles of association of the Nigerian Stock Exchange.

“His tenor as the president of the Nigerian Stock Exchange saw the listing of shares of several prestigious companies such as John Holt Nigeria Plc., Nigerian Cement Company Plc., Nigerian Tobacco Company Plc., Guinness Nigeria Plc, among others, as well as over twenty-six Federal government and corporate bonds.

“Over forty dealing clerks qualified during his tenor. His good image brought positive recognition to the newly found Exchange luring several companies to seek listing on The Exchange.”

On Ojukwu, Onyema stated further, “Dim Ojukwu is a man hard to describe in simple terms. He was accomplished both as an officer and an administrator who pursued the ideals of equity and justice. Nigeria’s history cannot be complete without him. Born into affluence, he elected to serve his country as an officer in the Nigerian Army.

“As we mourn and celebrate Ojukwu, a man who lived ahead of his contemporaries in formulating the Nigerian nation, let it not be assumed that Ojukwu died when the country needed his services most. Ojukwu lived and served with all his might when Igbos and all of Nigeria needed him most. He stood up and fought for what he believed in.”


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