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Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year - Politics - Nairaland

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Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by dre11(m): 1:42pm On Aug 14, 2022
by Emmanuel Mgheahurike, Angela Nkwo- Akpolu, Jonathan Nda-Isaiah, Christiana Nwaogu and Sam Egwu

A new report has revealed that Nigerians paid N653.7 million ($1.2 million) as ransom in Nigeria between July 2021 and June 2022, a period of one year, for the release of captives.

The security report also disclosed that N6.531 billion ($9.9 million) was demanded in ransom in the year under review.

It noted that the abductions, which are also almost evenly distributed across the country, have an impact on the Nigerian economy, as it has limited business and investment in the heaviest-hit areas.

The report by SBM Intelligence, an Africa-focused geopolitical research and strategic communications consulting firm, stated the amounts of ransom and the numbers of kidnap incidents and victims were arrived at using media reports detailing the sum paid to armed groups within one year.

The report titled: ‘The Economics of Nigeria’s Kidnap Industry’ published in August, detailed the country’s security issues, including incidents of banditry and the costs associated with kidnapping for ransom.

It said at least 500 incidents of kidnapping were recorded and 3,420 people were abducted across Nigeria, with 564 others killed in violence associated with abductions in one-year period.

According to the report, “Based on what we could verify, between July 2021 and June 2022, no fewer than 3,420 people were abducted across Nigeria, with 564 others killed in violence associated with abductions.

“In the ensuing period, N6.531 billion was demanded in exchange for the release of captives while a fraction of that sum (N653.7 million) was paid as ransom. As of the exchange rates between the naira and the US dollar on 1 August 2022, these figures translate to $9,806,306.31 and $1,126,126.13, respectively.

“We have taken care not to include the later ransom payments for the Abuja-Kaduna train incident as most of those victims were released in July 2022. It was reported on 25 July, 2022 that eight Nigerian hostages parted with 100 million each, while a Pakistani hostage paid 200 million,” the report read, in part.

In 2020, SBM Intelligence reported that between June 2011 and the end of March 2020, at least $18.34 million was paid to kidnappers as ransom in Nigeria and the larger proportion of that figure (just below $11 million) was paid out between January 2016 and March 2020.

The intelligence and security analysis firm said that the numbers were almost definitely higher than what was reported, but stuck to what “we could verify”.

SBM security analyst, Confidence Isaiah, explained that the amount paid as ransom to kidnappers within a year is pretty huge for a population living on less than two dollars a day.

He said due to the country’s rising rate of poverty, the high incidence of kidnapping for ransom is significant as Nigerians, over the past few years, have continued to overstretch themselves scraping resources to pay huge amounts of money as ransom to kidnappers.

“Nigerians spent 62 per cent of their salary on food in 2020, leaving relatively little for discretionary and disposable income Nigerians have become increasingly poorer over the past few years as a result of the sacrifices they have made for their loved ones, and kidnappers are adjusting by occasionally demanding ransom payments in forms other than cash,” he said.

The regional breakdown by incidents revealed that out of the 500 episodes of abduction reported between July 2021 and June 2022 in six of the seven states in the North West a total of 177 incidents, or 35.4 per cent. The region is arguably the most impacted by banditry and kidnapping for ransom in the nation.

Only Kebbi State from the region did not record any reported incident during the period under review. Kaduna State recorded 84 cases, the highest number of incidents recorded in any state in the region.

Also, 29 incidents — or 5.8 per cent of the 500 total kidnapping incidents — were reported in the North East. Only Gombe State had no reported incident during the period.

The number of kidnapping-for-ransom cases that were reported was 108, or 21.6 per cent, in the North Central region.

The South West had 54 total occurrences of kidnapping or 10.8 per cent.

There were 67 total kidnapping incidents during the one year, or 13.4 per cent of all reported cases, in the oil-rich South South region of the country.

The South East region, which has also experienced security issues over the years, reported a total of 62 kidnapping cases between July 2021 and June 2022, or 12.4 per cent of all reported cases in the country.

A breakdown by persons kidnapped showed that North West region had the most abducted individuals throughout the year-long period, with 2,199, or 65.1 per cent of the 3,379 total kidnapped individuals.

The index shows Kaduna State had the highest number of kidnapped persons with 1119. Zamfara State had the second-highest number of abduction cases, with 836 persons reportedly abducted in the state.

Kano State had the least with only eight persons reportedly abducted in the state during the period.

The North Central region recorded 719 or 21.3 per cent of persons that were kidnapped for ransom out of the 3,379 total kidnapped individuals across the country in the period.

The North East recorded 54 kidnapped persons at 1.6 per cent of the national total.


According to the report, Niger State recorded the highest number of kidnapped persons at 36, while Nasarawa scored the least at nine persons.

In comparison to the other regions, South West recorded a total number of 119 persons at 3.5 per cent, while the South South recorded a total number of 194 at 5.7 per cent in the year of the kidnapped persons.

Osun State recorded the least number of kidnapped cases with two incidents, and Ekiti State recorded the highest at 40 kidnapped persons in the region.

The South East region recorded a total of 112 persons at 3.6 per cent during the period.

Also, the regional breakdown by casualties showed that the North West region likewise saw the greatest number of fatalities at 331 or 69.8 per cent of the total number of 474 casualties in the year.

And the North East scored 17 casualties at 3.6 per cent, while the North Central region recorded 106 at 22.4 per cent.

According to the report, there were 20 overall casualties in the South West while there were 37 total cases of casualties in the South South region during the period, or 7.8 per cent of all cases.

Also, the South East region recorded a total of 51 cases of casualties at 10.8 per cent.

The report stated that the abductions in different regions can be linked to specific groups, either for ideological reasons, to extract concessions or for ransoms.

“For example, ISWAP and Boko Haram are most active in kidnappings in Borno State, where they often target travellers and aid workers,” it said.

On another hand, SBM said that the bulk of kidnappings is done by disparate criminal gangs solely for ransoms.

The report explained that this illustrates the extent of the challenge of illegal arms in Nigeria, coupled with an overwhelmed security architecture and other socio-economic factors such as high unemployment have formed the cocktail that has created an avenue for numerous gangs to see kidnapping as a route to make quick money.

“The frequency of abduction is a spotlight on the state’s capacity to keep its people safe, and the rise of an armed group like Ansaru who promise protection from both the government and other armed groups is a threat not just to the government’s authority, but also on state territory, leading to the influx of ungoverned spaces and other contested territories,” the report added.


Troops Kill Scores Of Terrorists In Kaduna

Kaduna state government has disclosed that security forces recorded a major success in ongoing operations against terrorists, as scores of bandits were neutralized by ground troops and air assets.

Commissioner, Ministry of Internal Security and Home Affairs, Samuel Aruwan, in a statement on Saturday, said the terrorists were killed in Galbi, Chikun local government area of the state.

Aruwan said the security report was conveyed in an operational feedback to the Kaduna State Government from the security agencies.

He explained further that, two General Purpose Machine Guns (GPMGs), three AK47 rifles and seven motorcycles were recovered from the enclave of the neutralized bandits.

The statement said: “According to the feedback, troops of the Operation Forest Sanity supported by assets of the Nigerian Air Force conducted clearance operations on an identified terrorist enclave in Galbi general area

“During their advance, the security forces crossed River Kaduna and ran into stiff resistance from the insurgents.

After a fierce firefight, scores of terrorists were confirmed neutralized as the military forces prevailed”

The Kaduna State government expressed excitement at the feedback, and praised the troops for their tenacity in this significant victory against the enemy forces.

The government thanked the troops, air force crews, police personnel, intelligence operatives, and local vigilante members who contributed to the success of the mission. The Government urged the security forces to increase the momentum and vanquish the terrorists for good”

Aruwan added that, troops will continue clearance operations in the general area, and other identified areas of interest across the state.

“The Kaduna State government hereby encourages residents to volunteer useful information on activities or movement of terrorists to security agencies,” the statement said.


35 Kidnapped Victims Regain Freedom In Kaduna

Thirty five persons kidnapped about three weeks ago at Keke ‘B’ millennium city of Chikun local government area of Kaduna State have regained freedom.

They were released Friday night after payment of N2.5 million ransom.

One of the victims it was gathered is still in captivity because his family was unable to meet the bandits’ demand of two motorcycles for his release.

A doctor and 15 others including women and children from Sabon Gero community also in Chikun local government area of Kaduna State also regained freedom.

The leader of the JTF in the community, Uwasu Yunusa, confirmed their release to journalists in Kaduna yesterday.

https://leadership.ng/kidnapping-grows-as-nigerians-pay-n650m-ransom-in-1-year/

1 Like

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by condralbedez: 4:52pm On Aug 14, 2022
embarassed
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by FoolaniHellman: 4:52pm On Aug 14, 2022
Are you kidding? 650 Million naira or $650m

Nigeria Kidnappers now make as much money as European footballers!

Baba God help me relocate from this Hood called Naija before I misbehave grin

35 Likes 3 Shares

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by IgiveLadiesBj(m): 4:52pm On Aug 14, 2022
Fake stats. Believe this at your own peril.

Kidnapping for Ransom is a multi billion naira industry in Nigeria right now

650m in one year? Are you kidding me?
Deaths to all kidnappers.

Kidnapping should be a death sentence

34 Likes 2 Shares

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Sirheny007(m): 4:52pm On Aug 14, 2022
I will tell you a secret:
Most politicians are involved in the kidnapping industry.

29 Likes 2 Shares

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by crossbreedwears(m): 4:52pm On Aug 14, 2022
When you've incompetents people as leaders, crime rate will continue to rise.

Anyway, I am into handmade footwear business. Contact me if you're interested

3 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Benki003(m): 4:52pm On Aug 14, 2022
And still some crazy Nigerian are still campaigning and wants to vote for apc

I just wish the would win next election let them teach us wotowoto


Ps: who’s even counting these stuffs sef

7 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by 1Alex: 4:53pm On Aug 14, 2022
WETIN BE 650M? DO YOU KNOW HOW MANY PEOPLE DEM KIDNAP DAILY AND HOW MUCH DEM DEY PAY?

25 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by slawomir: 4:53pm On Aug 14, 2022
Damnnn niggarrrr
Isoright

1 Like 1 Share

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by God1000(m): 4:53pm On Aug 14, 2022
This is really worrisome
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Femiwilli: 4:53pm On Aug 14, 2022
It's the only sector that is experiencing growth under this satanic govt, which to peoples surprise was actually helped to power by a church & it's Daddy GO

5 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Griddatuxt: 4:53pm On Aug 14, 2022
It could get worse during Cassava and Agbado Era!!

8 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Iretii0511(m): 4:53pm On Aug 14, 2022
We go dey alright last last.
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by vickvan(m): 4:53pm On Aug 14, 2022
We have the power to make this country great again by voting right to avert the impending doom coming on our way. Nigeria will be great again!
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Jahzrockballer(m): 4:53pm On Aug 14, 2022
Lol
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Dialpad: 4:53pm On Aug 14, 2022
It is big business because the government allows it.

Where do they secure ammunitions
Who are those that deposit large sums of money at banks
What numbers are used for the communication,

We don't have solid intelligence gathering in this country, no real prosecution of kidnappers.

The head is weak, the body cannot function.

This is the situation of Nigeria, unfortunate!!!!

9 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by HarfroJigga: 4:54pm On Aug 14, 2022
Trillion way's
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by condralbedez: 4:54pm On Aug 14, 2022
:-
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Nova1982: 4:54pm On Aug 14, 2022
I trust my Igbo brothers to venture into this business soon. grin. See cash out.

1 Like 1 Share

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by iamyemiakins(m): 4:55pm On Aug 14, 2022
This is what Tinubu wants to continue as his continuity agenda

5 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Xhabha7: 4:55pm On Aug 14, 2022
Yooo! Come nd get paid.....

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by azpekuliar: 4:55pm On Aug 14, 2022
We will soon add it to our GDP if we don’t dispense of the APC at the center.

2 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by tishbite42: 4:55pm On Aug 14, 2022
6.5 billion industry
Fulanis dey cash out sha

3 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Freelane33(m): 4:55pm On Aug 14, 2022
Evans and other
Well done for making nigeria sewing kidnapping as a lucrative job
God will pay all of Una , Una coin one by one
We all
Need to get our guns
Everybody should be his or her security
We should turn everything to Afghanistan
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Richy4(m): 4:56pm On Aug 14, 2022
The Question is what are the law enforcement officers doing about it?

How are the banks helping the law enforcement agencies to track the online kind of transfer..? And fish out the owner of the account the money was transferred to

Are there enough forensic accounting officers employed in Nigerian Banks that can actually track this individuals with a snap of a finger..?

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by 5iine: 4:56pm On Aug 14, 2022
.
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by DropsMic(m): 4:56pm On Aug 14, 2022
Sai babq
Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by PeterObi4LP: 4:56pm On Aug 14, 2022
dre11:


https://leadership.ng/kidnapping-grows-as-nigerians-pay-n650m-ransom-in-1-year/

This among others are the reason why those involve are fighting tooth and nail to make sure Obi don't become President because business won't be as usual again.

ObiDatti is coming to put a stop to that.

2 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Treasure17(m): 4:57pm On Aug 14, 2022
Thanks to Buhari's incompetence and insensitivity.

3 Likes

Re: Kidnapping Grows As Nigerians Pay N650m Ransom In 1 Year by Samuelnze(m): 4:57pm On Aug 14, 2022
The pay in this illegal business fit make alot people to venture into it oh..
650million naira is too much but i think this is not accurate,ransom realised only from january till now is more than 650million..
Thanks to APC for all these.

6 Likes

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