Insecurity: N2.2trn as ransom has been paid by Nigerians in one year – NBS

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Nigerians paid N2.2 trillion in ransom between May 2023 and April 2024, according to the National Bureau of Statistics, as the country’s level of insecurity increased.

This is based on the most recent report from NBS’s Crime Experience and Security Perception Survey.

The survey revealed that households impacted by kidnapping incidents paid for this, underscoring the nation’s increasing criminal threat.

The research uncovered that during the reference period, an estimated 51.89 million crime occurrences were reported in Nigerian households.

The North-West area had the most incidences, according to the poll, with 14.4 million cases reported, followed by the North-Central region with 8.8 million.

However, with 6.18 million instances, the South-East area recorded the least amount of crime.

With 26.53 million crime events in rural homes compared to 25.36 million in urban areas, the survey’s results showed that crime was more prevalent in rural areas than in urban ones.

According to the research, home robberies affect 4.14 million homes, highlighting the seriousness of kidnapping.

“With an estimated total ransom of N2,231,772,563,507 paid within the reference period, the average amount paid as ransom was N2,670,693,” it stated.

This coincides with Nigeria’s ongoing increase in insecurity.

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