Abductors of the seven farmers in Itaogbolu, Akure North Local Government Area of Ondo State have reduced the ransom from N100 million to N20 million.
The victims were working on their farmland on Saturday when gunmen suspected to be kidnappers launched an attack and whisked them away.
The kidnappers had on Sunday reached out to the families of the victims, demanding a ransom of N100 million for the release of their captives.
A relative of one of the abductees, who prefers anonymity, told newsmen yesterday in Akure, that the ransom had been reduced by the kidnappers after several appeals.
“The kidnappers have reduced the ransom from N100 million to N20million. They contacted one of the family members and reduced it to N20 million.
“They threatened to kill one of victims if we fail to raise the money on time.
“So far, the victims families have raised N5 million, but negotiation is still going on,” he said.
Reacting to the development in Akure yesterday, the Police Public Relations Officer, DSP Ayanlade Olayinka saud efforts are underway to rescue the victims.
“None of the victims has been rescued, our men are still working with other security agencies in the state to ensure that they are rescued unhurt,” Olayinka said.
