Wednesday, 19th January 2022
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Ex-minister, Okongwu, dies at 87

The ex-minister served for eight years in the administration of General Ibrahim Babangida (rtd), first as Minister of Finance from 1985 to 1986, and later as Minister of National Planning

An economist and former Minister of Finance, Chu Okongwu, is dead.

He died yesterday morning, aged 87. Okongwu was born on September 23, 1934, in Anambra State.

He was the first of eight children.

Okongwu attended St. Michael’s School, Aba between 1941 and 1946. From there, he moved to Government College, Umuahia and was a student there from 1947 till 1951.

He studied Economic Theory at Boston University and completed the degree in 1961. He also attended Harvard University from 1961 to 1965.

The ex-minister served for eight years in the administration of General Ibrahim Babangida (rtd), first as Minister of Finance from 1985 to 1986, and later as Minister of National Planning from 1986 to 1990. He subsequently served as the Minister of Cabinet Affairs, and later as Minister of Petroleum.

Okongwu was once a journalist and served at Daily Times as a Sub-Editor.

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