Armed men kidnapped the Managing Director of Fouani Company, which represents LG and Hisense, along with three Lebanese nationals in Lagos according to the PUNCH report,

The victims were abducted while traveling by boat from Apapa to Victoria Island around Falomo Bridge.

According to a source familiar with the incident, the kidnappers have demanded a ransom of $1.5 million.

“Yesterday evening, the Managing Director of Fouani Company (LG and Hisense) and three Lebanese were kidnapped around Falomo Bridge while traveling from Apapa to Victoria Island by boat. The kidnappers have asked for $1.5 million,” the source said.

When contacted, Lagos State Police Public Relations Officer, Benjamin Hundeyin, confirmed the incident. “Yes, it is true. We got the report and we are looking into it. Please, I’m not obliged to state more than that,” Hundeyin said.

Hundeyin did not provide further details about the identities of the victims or specifics of the abduction, stating, “I’m not obliged to state the names, when, where, and how it happened for now but we are looking into it.”