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Nigerians Paid N2.23tn As Ransom In 12 Months – NBS

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The National Bureau of Statistics has revealed that Nigerians paid a total of N2.23tn as ransom over the 12 months between May 2023 and April 2024.

This sum was paid by households affected by kidnapping incidents, highlighting the growing threat posed by criminal activities in the country.

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According to the NBS’s latest Crime Experience and Security Perception Survey report, an estimated 51.89 million crime incidents were recorded across Nigerian households in the reference period.

The survey showed that the North-West region had the highest incidence of crime, with 14.4 million cases reported, followed by the North-Central region with 8.8 million incidents.

In contrast, the South-East region reported the least crime, with 6.18 million incidents.

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The findings also revealed that rural areas were more affected by crime than urban areas, with 26.53 million crime incidents in rural households compared to 25.36 million in urban areas.

READ ALSO: Court Sentences Two Kidnappers To Death By Hanging

The report highlighted the severity of kidnapping, with 4.14 million households experiencing home robbery.

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Of those affected by kidnappings, 65 per cent were forced to pay ransom to secure the release of victims.

The average ransom paid was N2.67m, contributing to the total of N2.23tn paid by Nigerians to criminals during the 12 months.

Despite this, only 36.3 per cent of those who experienced home robbery reported the incidents to the police, with a similarly low reporting rate for kidnapping.

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The report read, “Nationally, an estimated 51,887,032 crime incidences were experienced by households. The North-West (14,402,254) reported the highest incidences of crime at the household level, followed by the North-Central (8,771,400), while the South-East (6,176,031) reported the least. The result also shows that the crime incidence in the rural area (26,526,069) was higher than that of the urban area (25,360,963).

READ ALSO: Police Rescue Lawyer, Niece From Kidnappers’ Den In Akwa Ibom

“In Nigeria, 4,142,174 households experienced home robbery. Less than half (36.3 per cent) of the households who were victims of home robbery reported their experience to the police. Among households that experienced kidnapping incidents, 65.0 per cent paid a ransom.

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“The average amount paid as ransom was N2,670,693, with an estimated total ransom of N2,231,772,563,507 paid within the reference period.”

Many victims cited a lack of confidence in law enforcement and a belief that police intervention would not lead to meaningful action as the main reasons for not reporting.

The survey also revealed that 21.4 per cent of Nigerians fell victim to crime at the individual level, with phone theft being the most common crime, affecting 13.8 per cent of the population.

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While 90 per cent of phone theft victims reported the crimes to the police, only half of those victims were satisfied with the police response.

READ ALSO: Edo: Many killed, Police Station, Vehicles Set Ablaze Over Alleged Protection Of Fulani Kidnappers

Also, the survey estimated that 1.4 million Nigerians were victims of sexual offences, with most incidents occurring in someone else’s home or the victim’s residence.

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Only about 22.7 per cent of sexual offence victims reported the crimes to the police.

Despite the widespread nature of crime, public perception of safety remains low.

The survey found that 9.6 per cent of Nigerians believed they were at risk of becoming victims of crime within the next 12 months.

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The fear of crime was higher in rural areas, where 13 per cent of the population felt vulnerable, compared to 7 per cent in urban areas.

READ ALSO: Women Kidnap, Sell 5-year-old Boy For N600,000 In Akwa Ibom

The report also questioned the effectiveness of Nigeria’s security agencies, particularly the police, in responding to emergencies.

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Only 33.1 per cent of Nigerians reported that security agencies responded to emergency calls within 30 minutes.

The survey revealed that approximately 4 out of 10 households interacted with state or local security forces during the survey period, with half of these households contacting the Nigerian Police.

However, satisfaction with police responses was notably low, especially in cases of livestock and crop theft, where only 42.9 per cent and 42.4 per cent of victims expressed satisfaction, respectively.

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In many rural areas, local vigilante groups were seen as a more reliable source of security.
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CBEX Fraud: EFCC Declares Two More Wanted

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The Economic and Financial Crimes Commission on Wednesday declared two more individuals wanted in connection with an alleged fraud case linked to a digital trading platform, Crypto Bridge Exchange, popularly known as CBEX.

The suspects, identified as Folashade Odelana and Bamidele Ayodele Abiodun, were accused of orchestrating fraudulent activities that reportedly led to significant financial losses for unsuspecting investors.

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12 persons had been declared wanted by the commission in connection with the same scheme.

READ ALSO: CBEX: EFCC Declares Foreigner Wanted

In a notice published across its official social media platforms, the anti-graft agency asked members of the public with useful information on the whereabouts of the suspects to come forward.

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The notice read, “The public is hereby notified that the persons whose photographs appear below are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX). FOLASHADE ODELANA. Odelana is 31 years old and her last known address is at No. 17, Oremeta Street, Allen, Ikeja, Lagos State.

“BAMIDELE AYODELE ABIODUN. Abiodun is 32 years old. His last known address is at No.17, Oremeta Street, Allen, Ikeja, Lagos State.

READ ALSO: CBEX Resumes Operations Despite SEC Ban, N1.2tn EFCC Probe

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“Anybody with useful information as to their whereabouts should please contact the Commission in its Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices, or through these numbers 09-9044751-3, 08093322644, 08183322644, 07026350721-3, 0706350724-5; its e-mail address: info@efccnigeria.org or the nearest Police Station and other security agencies.”

No fewer than 600,000 Nigerians reportedly invested in the scheme and lost N1.3tn after it collapsed in April 2025.

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Protest In Osun Over Alleged Amotekun’s Arrest, Detention Of Community Chiefs

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Residents of the Itaapa community in Atakumosa-East Local Government Area of Osun State on Wednesday stormed the Amotekun command headquarters protesting alleged indiscriminate arrest and detention of leaders of the town.

The protesters bearing placards with inscriptions such as “Embarrassment, Amotekun De-robed our chiefs”, “Osun Amotekun has become a political tool”, Amotekun supporting criminals”, among, urged the Inspector General of Police to look into the situation.

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Addressing newsmen at the protest scene, the leader of the protesters, Chief Olusegun Owoeye said the community has been deserted following the indiscriminate arrest and detention of residents by Amotekun operatives.

READ ALSO:Osun Amotekun Arrest Three Over ₦4.5m Steel Theft, Others For Burglary

It is unfortunate that Amotekun subjected itself to the whims and caprices of criminals terrorising our community over time. It is on record that some criminals already arrested by the police and others on wanted list for terrorising the community have now turn around using the community through PDP leaders to hunt innocent residents of Itaapa.

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After the terror acts of the said criminals, including Bode Itaapa in police custody, the community was advised to form a vigilante group by the police to watch over itself.

Those under the said vigilante, having prevented criminals from extorting and harassing residents are now being arrested by the police. Ten community leaders are also in their custody for over five days now.

READ ALSO: Amotekun Arrests Suspected Drug Kingpin In Ogun

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We demand their release and called on the Inspector General of Police to order proper investigation into the present situation in the community”, he said.

Reacting, Osun Amotekun Corps Commandant Adekunle Omoyele, said those arrested by Amotekun were being investigated for criminal activities, adding that the corps has laid down procedure for arrest and investigation which it followed to the letter in the case at hand.

We arrested suspects with pump action riple, who claimed to be members of vigilante in the State. The people they mentioned during investigation were also arrested and being investigated. There is no need to drag politics into a pure criminal issues. We will conduct thorough investigation into the matter and ensure that Justice is dispensed in the case”, he said.
(VANGUARD)

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Man Falls From 26-storey Cocoa House In Oyo

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A yet-to-be-identified man has reportedly fallen from one of the top floors of the 26-storey Cocoa House building in Ibadan, Oyo State.

The incident, which threw the entire business community into panic, occurred in the early hours of Monday.

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One of the eyewitnesses said, “When the incident happened, I initially thought it was a large bird falling from the sky.

“It was only when the person landed that I realised it was a human being.

READ ALSO: Traditional Council: Protest As Oyo Assembly Backtracks

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“I had my phone with me but I couldn’t even record anything because I was completely shocked.”

Another eyewitness said, “The victim first hit a roof beside the security post of the building before landing on the ground. It was a terrifying sight.”

As of press time, the circumstances behind the unfortunate incident were still sketchy as the investigation continues.

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READ ALSO: Panic As Two-month-old Baby Disappears In Ondo

Meanwhile, a statement released by Odu’a Investment Company Limited, the firm managing Cocoa House, on Tuesday, in Ibadan, the state capital, confirmed the incident.

The Head of Branding and Communication of the company, Victor Ayetoro, who authorised the statement, said, “The individual involved was swiftly attended to by the emergency response team and taken to the University College Hospital, Ibadan, for urgent medical attention.

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“The company expressed deep concerns over the development and assured the public of its full cooperation with authorities investigating the cause of the fall,” he added.

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