‘Nigeria records 2.2m kidnappings, ₦2.2tr ransom payments in 1yr’ – Report

Report on 9ja kidnappings

…As ₦65.9tr debt surge raise fresh concerns Nigeria is facing mounting concerns over worsening insecurity and rising public debt, with fresh figures suggesting a deepening strain on both the nation’s economy and social stability. A security expert, Prof. Aremu Oyesoji revealed that the country recorded about 2.2 million kidnapping incidents within a year, with ransom payments estimated at ₦2.2 trillion, describing the development as evidence of an expanding “ransom economy” fuelled by banditry, kidnapping syndicates and insurgent networks. Speaking during a public lecture organised by the Social Sciences Students’ Association…

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