Festus Okotie-Eboh: The Stylish Finance Minister Who Helped Shape Early Nigeria
Chief Festus Okotie-Eboh was Nigeria’s first and longest-serving Federal Minister of Finance, holding the office from 1957 until the First Republic was overthrown in 1966. A successful businessman before politics, he became one of the era’s most influential and recognisable public figures. He was associated with key milestones in Nigeria’s early financial system, including the establishment of the Central Bank of Nigeria, the introduction of the national currency and the development of institutions such as the Nigerian Stock Exchange. His business interests and political influence were especially strong in Warri and Sapele. Okotie-Eboh was also known for his distinctive, colourful style, which made him stand out at official events in Nigeria and abroad. He was killed during the January 15, 1966 military coup, alongside other leading First Republic figures. His legacy remains a subject of interest because it brings together business success, political power, fashion and the foundations of Nigeria’s modern economy.
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