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3,620 abducted, N5bn ransom collected in Nigeria in one year— Report

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A report put together by a an intelligence research firm, SB Morgan has put the figure of Nigerians abducted by gunmen in the last one year at 3,620, while the sum of N5 billion was collected in ransom payments.

The report, which was released on Wednesday, entitled, “The Economics of Nigeria’s Kidnap Industry: Follow the Money,” disclosed that “between July 2022 and June 2023, 3,620 people were abducted in over 582 kidnapping incidents in the country, with a reported ransom demand of at least N5 billion and an actual ransom payment of over N302 million.”

The report, however, noted that the money that exchanged hands could be higher as a number of kidnap cases went unreported.

“As Nigeria faces security crises across the six geopolitical zones, Boko Haram, Islamic States of West Africa, Ansar terrorists, bandits, sea pirates, and armed separatist agitators the Indigenous People of Biafra (IPOB), and all other violent groups, take part in kidnapping for ransom, even with the country’s struggling economy, rising inflation, and high unemployment rates,” the SB Morgan report said.

Delving further, the research firm said the harrowing statistics, motivations, and complexities of the growing epidemic of abductions in the West African country “unveils a striking correlation between Nigeria’s struggling economy, rising inflation, and soaring unemployment rates and the exponential growth of the kidnap-for-ransom industry.”

“Kidnap dynamics differ between individual and community cases, with less secrecy in larger-scale abductions.

“In some instances, kidnappers opt for non-monetary ransom, like foodstuff. Notably, the Northwest and Northcentral regions exhibit higher in-kind cases of ransom demands, correlating with Nigeria’s widespread poverty.

“Additionally, these regions have seen a surge in demands for motorcycles as part of ransom payments,” the report stated.

It added that Catholic priests, previously targeted for their ransom value, encountered 21 abductions during this period.

“Kaduna State in the Northeast was the most dangerous state for priests, who were often kidnapped during services. Abductors demanded around N50 million in the past, but the church now refrains from disclosing ransom negotiations possibly to avoid encouraging further attacks.

“The Northcentral saw higher ransom amounts demanded, notably in Nasarawa State, where targeted abductions yielded maximum ransom with minimal resistance.

“The South-South’s low ransom payments may indicate efficient police intervention or victim silence. The past year showed a higher likelihood of being kidnapped in Kaduna, Niger, or Zamfara, the three states recording the highest per capita abduction rates and deaths during kidnap attempts.

“Civilians bore the brunt of kidnap attempts around the country, with 430 casualties, while security agents and kidnappers accounted for 19 and 121 deaths, respectively,” it added.

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Aspiring journalist offers insights on media freedom and information access in Zambia

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Ireen Mundia, a student journalist, has contributed to the discourse on media freedoms, drawing from her internship experience at Byta FM radio in Choma.

Reflecting on her career, Mundia noted an improvement in Zambia’s media landscape, citing a lack of threats or harassment toward journalists or media institutions.

In an interview with Zambia Monitor in Choma, Mundia affirmed that she had not experienced harassment during her work and believed in the freedom to access information.

She defined media freedom as the right for journalists to obtain information without fear of intimidation, emphasizing its importance in conducting interviews and reporting.

“This is the freedom that gives us journalists to interview any person without fear of being harassed,” Mundia said.

However, she acknowledged challenges in accessing certain information, particularly from sectors like the police, health, and education, where individuals are often reluctant to speak without higher authority approval.

“So, there is certain information that is very strict, so I do not think they [news sources] can be able to give you such information unless if you are dealing with lighter information or issues.

“From what I have experienced if you are dealing with…let us say if you want to interview people in the police sector or health sector and teaching sector is where I found most challenges because you will find that most people in those sectors do no really come out and talk unless maybe someone who is higher in authority allows them,” she concluded.

Her insights highlight the paradox of journalists operating without harassment but facing obstacles in accessing crucial information necessary for news articles.

This story is sponsored content from Zambia Monitor’s Project Aliyense.

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Tinubu reportedly orders CBN to suspend unpopular cybersecurity levy after public outcry

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President Bola Tinubu has reportedly mandated the Central Bank of Nigeria (CBN) to suspend the implementation of a controversial cybersecurity levy which had led to public outcry, even as civil society groups threatened to embark on nationwide protests.

The order of the President,! which will also see a review of the levy, came on the heels of the decision of the Nigerian House of Representatives which asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country.

The apex bank had, on May 6, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024.

Going by the Act, a levy amounting to 0.5 per cent of the value of all electronic transactions will be collected and remitted to the National Cybersecurity Fund, overseen by the Office of the National Security Adviser (ONS.

In a circular issued by the bank, “financial institutions are required to apply the levy at the point of electronic transfer origination.”

“The deducted amount is to be explicitly noted in customer accounts under the descriptor “Cybersecurity Levy” and remitted by the financial institution.

“All financial institutions are required to start implementing the levy within two weeks from the issuance of the circular.”

The announcement of the levy was not recieved well by Nigerians with a lot of dissenting voices and opposition which has now forced Tinubu to ask for the suspension of its implementation.

According to sources in the Presidency, following a rejection of the levy by a large percentage of Nigerians and the fear of a breakdown of law and order, President Tinubu personally intervened and asked the CBN to suspend the levy pending its review.

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