Kidnappers abducted two million Nigerians, collected N2 trillion ransom in Tinubu’s first year in office, NBS reports

Olumide Afeez
Olumide Afeez December 19, 2024
Updated 2024/12/19 at 11:45 AM
Kidnappers abducted two million Nigerians, collected N2 trillion ransom in Tinubu’s first year in office, NBS reports
Kidnappers abducted two million Nigerians, collected N2 trillion ransom in Tinubu’s first year in office, NBS reports

A recent report by the National Bureau of Statistics (NBS) has revealed shocking statistics regarding the state of insecurity in Nigeria, with over two million Nigerians reportedly kidnapped and a staggering N2 trillion collected in ransom payments during President Bola Tinubu’s first year in office. The statistics have ignited widespread concern across the country, shedding light on the growing menace of kidnapping and its devastating impact on the Nigerian populace.

The Scale of Kidnapping in Nigeria

According to the NBS report, kidnapping has become a major issue in Nigeria, with criminal gangs operating across various regions of the country. The report estimates that over two million Nigerians have fallen victim to abductions, with many of them being held for ransom in exchange for their freedom. This phenomenon has plagued Nigeria for several years, but the frequency and scale of kidnappings have escalated sharply over the past year.

Kidnapping for ransom has become a lucrative business for criminal syndicates, and the situation has only worsened in recent months. The NBS report points out that kidnappers are increasingly targeting both individuals and groups, including students, workers, and even entire families. These criminal activities have led to widespread fear and insecurity, making it difficult for Nigerians to go about their daily lives without the constant threat of abduction hanging over their heads.

The scale of these kidnappings is not just a statistic but a reflection of the larger security crisis facing the country. It underscores the failure of previous administrations to effectively combat organized crime and secure the lives of Nigerian citizens. In Tinubu’s first year as president, despite various efforts to tackle insecurity, the situation appears to have worsened, leaving many Nigerians feeling unsafe in their own country.

The N2 Trillion Ransom Economy

One of the most alarming aspects of the NBS report is the revelation that kidnappers collected an estimated N2 trillion in ransom payments in just one year. This staggering amount highlights the growing financial power of criminal gangs and the extent to which kidnapping has become a business enterprise in Nigeria. The sum of N2 trillion is roughly equivalent to a significant portion of Nigeria’s annual national budget, raising questions about how such a vast amount of money could be extracted from Nigerians who are already grappling with economic hardships.

The ransom payments have become a major source of income for criminal organizations, and in some cases, the funds raised through kidnappings are reportedly being used to fund further criminal activities, including terrorism and organized crime. The Nigerian government’s inability to curb the rising tide of kidnapping and bring the perpetrators to justice has contributed to the normalization of this crime, making it a lucrative venture for those involved.

Families who fall victim to kidnappers are often forced to pay enormous amounts of money to secure the release of their loved ones. In many cases, the kidnappers are not satisfied with initial ransom demands and continue to hold hostages for extended periods, further extorting families and businesses. This creates a vicious cycle of abductions, with victims’ families and communities left devastated by both the trauma of the kidnapping and the financial burden imposed by the ransom payments.

The Government’s Response

The NBS report has raised critical questions about the government’s approach to tackling the issue of kidnapping and ransom payments. Despite President Tinubu’s administration declaring a commitment to improving security, the persistence of kidnappings highlights the ongoing challenges faced by law enforcement agencies in curbing this crime. The report suggests that criminal gangs have become more organized and sophisticated in their operations, with some even using advanced technology to monitor and track their victims.

In response to the growing insecurity, the Nigerian government has pledged to increase efforts to combat kidnapping and bring the criminals to justice. President Tinubu, in his early speeches and actions, has promised to strengthen the country’s security agencies and provide them with the resources they need to tackle crime. However, many Nigerians are skeptical about the effectiveness of these efforts, given the limited success of previous governments in dealing with similar security challenges.

Experts argue that more needs to be done to address the root causes of kidnapping, such as poverty, unemployment, and the lack of a functional justice system. While it is important to strengthen law enforcement and increase penalties for kidnapping, addressing the socio-economic factors that contribute to criminal behavior is equally crucial. The government must invest in education, create job opportunities, and reform the justice system to ensure that criminals are held accountable and that Nigerians feel safe in their communities.

Impact on Nigerian Society

The prevalence of kidnapping and the massive amounts of ransom payments have had a profound impact on Nigerian society. Many citizens now live in constant fear of being abducted, and this has led to a decline in economic activities, particularly in rural areas where kidnappers often target farmers, traders, and business owners. The fear of kidnapping has also made Nigerians more reluctant to travel, attend public events, or engage in their daily activities without taking extensive precautions.

The psychological toll on those affected by kidnappings is also significant. Victims of abductions often suffer from post-traumatic stress disorder (PTSD) and other mental health issues, while their families are left to cope with the emotional and financial burden of the ransom payments. In some cases, even after paying the ransom, the victims are not released, leaving families distraught and hopeless.

Additionally, the impact on Nigeria’s economy cannot be overstated. The money spent on ransom payments, coupled with the disruption of business and travel activities, hampers economic growth and development. The pervasive insecurity has deterred foreign investment and made it difficult for Nigeria to attract the capital needed to develop critical sectors such as infrastructure, healthcare, and education.

Public Outcry and Calls for Action

The NBS report has sparked outrage among Nigerians, with many citizens demanding urgent action from the government to tackle the kidnapping crisis. Advocacy groups and civil society organizations have called for greater accountability from law enforcement agencies and for the implementation of stronger measures to combat organized crime. There is growing frustration with the government’s inability to protect its citizens, and many Nigerians are calling for a comprehensive approach that involves better policing, enhanced intelligence gathering, and support for victims of crime.

Furthermore, calls for reforms in the justice system are intensifying, with many Nigerians arguing that criminals should face harsher penalties for kidnapping. There is also a need for more robust community engagement, as local leaders and citizens must be involved in efforts to combat insecurity at the grassroots level.

The NBS report on kidnapping and ransom payments in Nigeria highlights a critical security issue that has reached alarming levels under President Bola Tinubu’s first year in office. With over two million Nigerians abducted and N2 trillion paid in ransom, the country is facing a deepening crisis that demands immediate attention. While the government has pledged to address the problem, the persistence of kidnapping suggests that more urgent and comprehensive measures are required to combat this growing threat. Nigerians continue to live in fear, and without decisive action, the country’s security situation will continue to deteriorate, undermining both its economic and social stability.

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