Former Finance Minister, Chu Okongwu, dies at 87

Uba Group

A former Minister of Finance, Dr. Chu SP Okongwu, is dead.

The Point gathered that he died this morning in Enugu at the age of 87.

Okongwu was Minister of Finance under the government of General Ibrahim Babangida.

He served for eight years in Babangida’s government, firstly as the Minister of Finance and National Planning; and subsequently as Minister of Cabinet Affairs and later, Minister of Petroleum.

The late Okongwu was born on September 23, 1934 in Nnewi, Anambra State.

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

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