Background
Okigbo, Pius Nwabufo was born on February 6, 1924 in Ojoto, Nigeria. Son of James Okoye and Anna (Onu) Okigbo.
Okigbo, Pius Nwabufo was born on February 6, 1924 in Ojoto, Nigeria. Son of James Okoye and Anna (Onu) Okigbo.
Bachelor with honors, London University, 1946. BScEcons, London University, 1949. Bachelor of Laws, London University, 1952.
Doctor of Science in Economics, London University, 1982. Master of Arts, Northwestern University, 1954. Doctor of Philosophy, Northwestern University, 1956.
Postgraduate, Nuffield College, Oxford, 1954. Doctor of Laws (honorary), University Nigeria, 1966. Doctor of Literature (honorary), Ahmadu Bello University.
Doctor of Science, Federal University of Technology, Owerri. Doctor of Science Economic (honorary), University Lagos. Doctor of Science in Economics, London University, 1982.
Doctor of Science in Economics (honorary), London University, Abubako. Doctor of Science in Economics (honorary), Tafawa Balewa University. Doctor of Science in Economics (honorary), Nnamdi Azikiwi University.
As a scholar, he contributed a great deal in propelling into academic discourse, new methods for solving African economic problems. He gained academic acclaim in Nigeria when he published a book on the national accounting standard of Nigeria. He was then appointed as the economic adviser to the governor of the Eastern region of Nigeria.
As an erudite scholar on public finance, he lent his service to public scholarship and policy, he was chairman in a number of Nigerian committees, particularly those dealing with the economic direction of the country.
In 1994, as chairman of a committee to probe the activities of the Central Bank of Nigeria, he released a report critical of the government"s role in mismanaging 12.4 billion dollars of oil revenues accrued primarily to two special accounts. The panel"s report is popularly known as the Okigbo report.
He was one of the scholars who believed that commodity shocks, deficit financing and government mismanagement are the bane of Nigeria"s economic development.
Member constn.drafting committee, 1975. Member Constituent Assembly, 1977. Fellow Royal Economics Society, Nigerian Institute Management, Nigerian Economics Society (past president).
Member.Eonometric Society, American Economics Association.
Son of James Okoye and Anna (Onu) O. Divorced; married Florence Nnakwe. Children: Pius Nebolisah, Anne, Linda, Chantal, Victor, Obiajulu.