Kidnapping in Nigeria: A N150 Million/Month Paying Job in SouthEast

The Campaign for Democracy (CD) alleged that kidnapping has become a lucrative business in the Southeast, with kidnappers making about an average of N750 million monthly basis.

The group berates the daily surge of abduction in the region and urges governors and leaders in the region to be proactive in the battle against the menace

The CD said the situation had made the region unsafe for industrialists, tourists and businessmen.

According to the Chairman of CD, Southeast, Dede Ujoh A. Uzoh, in a statement, said, “It is very depressing that notwithstanding the huge amount of money the governors of the five Southeast states collect each month, they as the chief security officers, are unable to contain the upsurge of kidnapping.

“An average of five persons are kidnapped per month in each state of the zone and they pay between N30 million and N20 million each.

“This amounts to about N150 million per month from wealthy individuals in a state, thus, totalling N750 million per month from the five states.

“There has been this massive exodus of industrialists, businessmen and women from the zone due to activities of kidnappers,’’ it said.

The statement added that the recent escalation of kidnapping is more rampant in major cities of Onitsha, Aba, Owerri, Awka, Umuahia, Enugu and Abakaliki. OsunDefender

Lailai N150 Million too small, Boyz dey hammer pass that for the business. It s a sure way for 419 and yahoo yahoo. It just shows anyway the level of decadence in the country and the fact that we still dont have leaders