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Chu Okongwu Biography: 10 Things You Never Knew About Former Minister of Finance

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Dr SP Chu Okongwu, a former Minister of Finance under the regime of the military dictator, General Ibrahim Babangida, died in Enugu on Wednesday at the age of 87.

Below are 10 of the things you never knew about the journalist turned accomplished economist:

1. was born in 1934, the first of eight children of a respected family in Nnewi, Anambra State.

2. He had his formative education at St Michael school, Aba between 1941 and 1946, and later moved to Government College, Umuahia between 1947 and 1951.

3. He was inspired by intellectuals such as public economist and scholar, Sam Aluko; renowned practical economist, Pius Okigbo; and former Justice of the Supreme Court, Paul Nwokedi, to pursue a career in economics.

5. Okongwu studied economic theory at Boston University in 1961, and later became a Harvard alumnus in 1965.

6. He was a broadcaster who anchored the programme, Jaz Club.


7. Okongwu served as a sub-editor at the Daily Times of Nigeria. He worked with the late Peter Enahoro, Ebun Adeseye, Cornell Aircraft, and a host of other journalists. He described it as a “wonderful experiment”.

8. He was Minister of National Planning between 1985 and 1986, was later appointed by the Ibrahim Babaginda junta as Minister for Finance between 1986 and 1990.

9. He was also a consultant researcher who gave accurate information to writers and scholars on Nigeria’s history.

10. His Nnewi home as well as an operational base of the Department of State Services was set ablaze by gunmen in October 2021.


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Alamu Tosin

The writer is Alamu Tosin. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact

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