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News Update: Abductors of Oniba of Iba Demand 500M

The abductors of Oniba of Iba a first class traditional ruler in Lagos, Oba Yushau Goriola Oseni, has demanded  N500 million ransom, PM News has reported.

The kidnappers stormed the monarch’s palace at Iba area of Lagos around 11:30pm on Saturday and took him away, escaping through the waterways.

According to a palace source, the gunmen killed Oseni’s guard, a Neighbourhood Watch officer and then shot his wife before escaping with the monarch.