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Home > Briefs > Global Risk > Kidnappers in Nigeria collected more than $5 million in ransoms in a year, analysts say

Kidnappers in Nigeria collected more than $5 million in ransoms in a year, analysts say

Ransom payments surge as Nigeria’s kidnappings escalate.

Kidnappers in Nigeria collected an estimated 5.8 million dollars in ransom over the past year, with an intelligence report showing more than 7,800 people abducted amid rising violence by bandit groups and long‑running militant insurgencies. Analysts say ransom payments are fueling further kidnappings as armed groups raid villages, mosques and roads across the north and center of the country. Survivors describe severe economic fallout after families sell belongings to secure releases, while authorities struggle to contain daily incidents across multiple regions. The report underscores how widespread abductions have become as communities face overlapping threats from bandits, insurgents and strained local resources.

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https://apnews.com/article/nigeria-kidnapping-ransom-payments-21864d5271c092a6d13a1b6eda10044e