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GowonMinister of Finance· June 1967 — 1971

Chief Obafemi Awolowo

Commissioner for Finance and Vice-Chairman of the Federal Executive Council through the civil war.

The record

Released from Calabar Prison in August 1966, Chief Obafemi Awolowo accepted Gowon's appointment as Commissioner for Finance and Vice-Chairman of the Federal Executive Council in June 1967, ten days before the formal outbreak of the civil war.

His tenure produced the wartime budget of 1968, the introduction of the Naira (announced 1971, in circulation 1 January 1973), and the controversial twenty-pound currency-swap policy that wiped out most pre-war Biafran savings.

He resigned in 1971 in disagreement with the post-war direction of the Gowon administration. He later founded the Unity Party of Nigeria and contested the 1979 and 1983 presidential elections.

Sources

  • Obafemi Awolowo Foundation — official biography
  • John de St. Jorre, The Brothers' War: Biafra and Nigeria (Faber & Faber, 1972)
Methodology

Tier 1 · primary

Courts. Gazettes. National archives.

Tier 2 · corroborating

OCCRP. HRW. BudgIT. TheCable.

Tier 4 · tertiary, flagged

Wikipedia only where primary is pending. Always labelled.