New report reveals that Nigerians paid N1.04bn as ransom to kidnappers in 12 months

A new report released by a security intelligence gathering and strategic consulting firm, SBM Intelligence, has revealed that Nigerians paid ₦1.04 billion as ransom to kidnappers in one year.

In the report released on Thursday, the company said 7,568 people were abducted in 1,130 incidents across the country between July 2023 and June this year.

It added that the Federal Capital Territory (FCT) has the highest ransom demands, followed closely by Lagos and Kaduna.