Categories: News

BREAKING: Former Minister Of Finance, Chu Okongwu Is Dead

An economist and a former minister of finance, Chu Okongwu has died on Wednesday morning at the age of 87.

Chu Okongwu Biography

The former minister was born on September 23, 1934, in Anambra State, Nigeria. He is the first of eight children.

He 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.

He served for eight years in the administration of Ibrahim Babangida, former military head of state; firstly as minister of finance from 1985 to 1986.

Okongwu later served as minister of national planning from 1986 to 1990. He subsequently served as the minister of cabinet affairs, and later, as the minister of petroleum.

KanyiDaily had earlier reported that a former governor of Oyo State, Otunba Adebayo Alao-Akala had also died in the early hours of today in Igbomoso.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Osun Govt Threatens Lawsuit As EFCC Freezes Allocation Accounts

The Osun State Government has threatened legal action against the Economic and Financial Crimes Commission…

10 hours ago

WAEC Releases 2026 WASSCE Results | How To Check

The West African Examinations Council (WAEC) has announced the release of the 2026 West African…

10 hours ago

Ooni Donates ₦100m, Hilux Vehicle To Support Sunday Igboho’s Security Outfit

The Ooni of Ife, Oba Adeyeye Ogunwusi, has donated N100 million and a new Toyota…

12 hours ago

Arsenal Agree £75m Deal For Newcastle Captain Bruno Guimarães

Arsenal have reached an agreement with Newcastle United to sign captain Bruno Guimaraes in a…

13 hours ago

Actress Temitope Osoba Dies At 40 Amid Battle With Cancer

Nollywood actress Temitope Osoba has passed away at the age of 40 after battling cancer.…

13 hours ago

How Nigerian Business Owners Can Apply For N50,000 SMEDAN Grant

Small business owners across Nigeria can apply for financial support as the Small and Medium…

15 hours ago