The gunmen who kidnapped four residents of an estate in the Isheri area of Lagos have demanded a N1.2 billion ransom from the families of the victims, Channels Television reports.
The kidnappers who made contact with the families on Sunday requested N300m for each victim.
According to the kidnappers the victims would be released immediately the monies are paid.
The four victims were said to have been kidnapped during an aerobic session in the early hours of Saturday.
The kidnappers, who were all armed and masked are believed to have come from the waterside.
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