CP ORUTUGU EXPOSES DOMESTIC STAFF WHO ALLEGEDLY MURDERED HIS EMPLOYER, A PENTECOSTAL CHURCH BISHOP, TO SELL THE VICTIM’S PRADO JEEP. (PHOTO). #PRESS RELEASE.

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 CP ORUTUGU EXPOSES DOMESTIC STAFF WHO ALLEGEDLY MURDERED HIS EMPLOYER, A PENTECOSTAL CHURCH BISHOP, TO SELL THE VICTIM’S PRADO JEEP The Commissioner of Police, Anambra State Command, CP Ikioye Orutugu, PhD, today 13th May 2026  exposed and arrested a domestic staff member allegedly involved in the gruesome murder of his employer, a Pentecostal Bishop of End-reconciliation Ministry Asaba, Delta State, and the subsequent attempt to dispose of the victim’s Toyota Prado Jeep in Nkpor, Idemili North Local Government Area of Anambra State. The breakthrough followed a swift intelligence-led operation by Operatives attached to the Rapid Response Squad (RRS), Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle. Preliminary investigation reveals that the suspect, who served as the Bishop’s driver and domestic staff, allegedly conspired with yet-to-be-identified criminal elements to murder the cleric before fleeing with the...
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NIGERIA NEEDS SOUND FINANCIAL SYSTEM FOR DEVELOPMENT- BAGUDU. (PHOTO).

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 Nigeria Needs Sound Financial System for development — Bagudu


Minister of Budget and Economic Planning Senator Abubakar Bagudu has said Nigeria needs to attract more resources than it has to fund its development agenda. For this to happen, the nation must develop a sound financial system with integrity


He spoke at the management retreat of the Nigerian Financial Intelligence Unit in Abuja noting that the 2050 Agenda of National Aspiration requires investment at least 100 billion dollars annually to achieve a GDP per capita of $33,000 or more by 2050.


The minister revealed that the current financing level is smaller than that but explained that President Bola Tinubu’s administration had undertaken bold and courageous economic reforms to boost its revenue. 

To buttress his point, he cited the $20 billion federal budget size, which he said was too small compared with other countries like Brazil and Indonesia, which have similar population sizes and have $750 billion and $210 billion budgets, respectively.


The minister explained that Nigeria needs a sound financial system to attract domestic and foreign investments to finance its development plan.


He stated that this was the role of the NFIU, which he said had performed creditably but needed to communicate its activities more effectively for the public to acknowledge.

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