Nigeria’s $2.79 Billion Ransom Crisis: A Nation Under Siege

Nigeria’s kidnapping epidemic has reached alarming proportions, with citizens paying a staggering 2.23 trillion naira ($2.79 billion) in ransom from May 2023 to April 2024. This figure, released by the National Bureau of Statistics (NBS), surpasses Nigeria’s 2024 defense budget of 1.647 trillion naira. The scale of this crisis is unprecedented. An estimated 51.89 million […]