Dr. Ike Abugu, Former NASME President
By Francis Ugwoke
Professionals drawn from all sectors of the economy have set up a Trust Fund for the former President of Nigerian Association of Small and Medium Enterprises (NASME), late Dr. Ike Abugu, who died in the Dana aircraft that crashed in Lagos recently.
The Trust Fund, known as Dr. Ike Abugu Trust Fund, was specifically set up to cater for the future needs of his very young family.
In a statement , Dr. Nick Idoko and Bishop E.Ossai, explained that the Trust Fund had become necessary considering the circumstances of the late NASME president’s death.
According to Idoko, who is the coordinator of the burial committee for Dr. Ike Abugu, the Trust Fund would serve as a special purpose vehicle to cater for the needs of the children.
He said Dr. Abugu died at a time he did not prepare for the future of his family.
He added that the trust fund, which was an idea of personal friends, professional colleagues and well wishers, was targeting N30million as its face value to be operated for 15 years, during which his children would have come of age and out of school.
He appealed to individuals and corporate organisations to contribute to the trust fund so that the young family left behind would have a better future.
“ As his relative, friend, associate, professional colleague or as an agency, commission, institute, group or company with which he had a working relationship, therefore, we appeal for a kind-hearted and generous donation into this fund. Without a doubt, your positive response to this appeal will go a long way towards securing a future for Dr. Abugu’s young, obviously traumatised, family. For all of us his friends, business associates, professional colleagues, let it be a call to service, a must-do obligation”.
Members of the board of trustees of the Trust Fund include Mr. Emeka Ugwu-Oju, Ambassador Chinade, Idoko, Ossai, Mr. Eke Ubiji, Mr. Emmanuel Abugu, Mrs. Franca Okolo, and Dr. Obiora Okonkwo.
The late NASME President left behind a very young family, the wife, who is still in her third year of a five-year programme in the university, and three bright little children, the oldest of whom is only 7.