Kidnappers demand ransom in new naira notes

Gunmen who abducted four persons in Kolo village of Zamfara State have reportedly demanded ransom in new naira notes.

was learnt that the terrorists demanded N10m and later reduced it to N5m but insisted they won’t collect the old naira notes.

President Muhammadu Buhari yesterday unveiled the new naira notes but the new notes may not go into circulation until December 15, 2022.

The terrorists insisted they would keep the victims until the new notes are in circulation.

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

“They said they would keep the abducted persons in their camps until the release of the new naira notes in December,” Mohammed Ibrahim, a resident, reportedly said.