A 21-year-old 300-level Mass Communication student of the University of Lagos, simply identified as Chidinma has been arrested by the Lagos State Police Command for the alleged murder of Nigerian billionaire and CEO of Super TV, Usifo Ataga, in the Lekki area of the state.

The state Commissioner of Police, Hakeem Odumosu, said Chidinma confessed to committing the crime. She was paraded at the police command headquarters in Ikeja today, June 24.

The deceased was reported missing on Sunday, June 13, by his family and friends after he didn’t return to his home in Banana Island and he also didn't show up at his Victoria Island office. His lifeless body was eventually found on Friday morning, June 18, in a flat in Lekki phase 1 with multiple stab wounds.

Chidinma was picked up by the police at her parent's home in Alagomeji, Lagos, and paraded today, June 24 after a thorough investigation.

According to Chidinma, she was introduced to the deceased by her friend four months ago, and on the day of the incident, she told her parents that she was going for an ushering job but went on to meet with the deceased so they could have some fun. She told newsmen that while in the apartment, they were taking drugs called ''loud and SK'' and that an argument ensued between them when she refused to have sex with him. She said she stabbed him twice before she fled the apartment.

She said she withdrew N380, 000 from his account with the intention of using it to pay her school fees.