Bandits kidnapped four people in the Kolo village of Zamfara State’s Gusau Local Government Area and refused to accept old naira notes as ransom.

According to Channels Television, the bandits initially demanded N10 million as a ransom, but after negotiations, they agreed to accept N5 million.

According to sources in the area, the abductors sent a message on Tuesday stating that they would not release the kidnapped victims until the Central Bank of Nigeria issued new naira notes (CBN).

“As we were trying to gather the money demanded by the terrorists, they sent another message that they would not collect old naira notes,” the source said.

“They said that they would keep the abducted persons in their camps until next month –  December – when the new naira notes would be in circulation.”

Police authorities in Zamfara State are yet to comment on these latest abductions as efforts to reach the spokesperson proved abortive.



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