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Veteran economist, Prof. Sam Aluko, passes on at 83


Renowned economist, Prof. Sam Aluko, died in the early hours of Tuesday at a private hospital in Newcastle, England.

An official statement from his first son, Prof Bolaji Aluko, who is the Vice-Chancellor, Federal University of Technology, Otuoke, was being awaited as at press time.

A family source however told our correspondent that the former Chairman of the National Economic Intelligence Committee, would have been 83 years old on August 19 this year.

The source said, “Prof. Sam Aluko is dead. He died this morning in a London Hospital after a brief illness. His wife of 56 years was by his bed when he breadth his last.”

A condolence register was opened at his 30, Owo Avenue, Ijapo area of Akure where he lived for many years.

He was said to have travelled abroad on January 6 this year for a routine check-up.

Aluko was the first Dean of the Faculty of Social Sciences at the University of Ife, now called Obafemi Awolowo University. In 1981, he served on a committee constituted to produce a framework for the Ambrose Ali University Ekpoma in the old Bendel State.

He was one of Nigeria’s most prominent economists who has had a fair share of public exposure. His economic philosophy tows the lines of John Maynard Keynes.

He was born in August 17, 1929 to the Aluko Fagbohun family of Ode Ekiti, Ekiti State.

Aluko achieved a rare feat of finishing his MSc with Distinction at the London School of Economics.

As a student in LSE, he criticised the budget of the late Chief Obafemi Awolowo so much that the Western Region decided to withdraw his scholarship and requested that he should return home. The school authorities however replied that if the scholarship was withdrawn, the school would take over and foot the bill. He was thereafter sent a letter of congratulation signed by Chief Awolowo.

He started his education in his home town at St Mary’s School, Ode Ekiti, he was there from 1936-1940, before moving to Emmanuel School, Ado Ekiti; he also attended Christ’s School, Ado Ekiti.

He then took time studying privately and later achieved a Second Class honours in Economics from the University of London.

His chosen profession early in life was high school teaching and administration.

He was the principal of Zik’s College of Commerce, Sapele and Vice-principal of Lagos City College. During the period, he participated in various local organisations including membership of the Ode Ekiti Progressive Union and the Ekiti’s People’s Party in 1953.

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Posted by on Feb 7 2012. Filed under Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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