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Some Important Facts You Need To Know About Dr. Chu Okongwu

Chu Okongwu, an economist and a former minister of finance, is dead. He died on Wednesday morning. He was aged 87.

Dr. Chu 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.

Top Nnewi Son, Dr. Chu Okongwu, Former Minister Of Finance Is Dead

Chu Okongwu was born on September 23, 1934 in Nnewi, Anambra State, 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 he was a student there from 1947 till 1951.

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

On Sunday, October 3, 2021, unknown gunmen burnt down Dr. Chu Okongwu’s house in his village, Otolo Nnewi.

A family source shortly after his death said the octogenarian never recovered from that tragedy.

LATEST: Unknown Gunmen Attack Nnewi, Burn DSS, FRSC Offices

He actually died the day that house was senselessly burnt. He never recovered from the tragedy.”

Nobody has been arrested for that crime.




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