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Chu Okongwu, ex-Finance Minister, Dies at 87

Dr. Chu Okongwu

Dr. Chu Okongwu

Former Minister of Finance under the General Ibrahim Babangida military regime, Dr. Chu Okongwu has died.

Aged 87, the debonair ex-Minister passed on Wednesday morning.

News of his demise hit the airwaves just as the nation was still grappling with the death of Otunba Christopher Adebayo Alao-Akala, also on Wednesday.

Born on September 23, 1934, in Nnewi local government area of Anambra State, Okongwu, an Economist, served as Minister of National Planning between 1985-1986, and Minister of Finance between 1986-1990 during the Babangida Administration.

He studied Economic theory at Boston University, graduating in 1961. He also attended Harvard University from 1961 to 1965.

 

 

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