Gunmen on Friday night abducted Mohamed Fouani, the Managing Director of Fouani Group, and two others, during a deadly ambush in Ikoyi, Lagos.
According to eye witness account, the abduction happened around Falomo Bridge.
Lagos state police command spokesman, Benjamin Hundeyin, who confirmed the development told an online publication that though he was not yet briefed on the attack, however, maintained an investigation had already commenced to unravel the situation.
Fouani Group, run by Mohamed Fouani and other prominent Lebanese businesspeople, is the major distributor of LG and Hisense products in Nigeria. The company itself has yet to issue a statement on the incident.
Sources said the abductors had contacted people near the victims for a ransom of $1.5 million.
A Lagos police source said the incident would likely unnerve the command, which had hitherto boasted of its capacity to keep kidnap-for-ransom activities low across the state even as they spread in other parts of the country.
Most expatriates and diplomats in Nigeria are based in Lagos, especially in the highbrow Ikoyi neighbourhood, where security had long been assumed to be above frequent breaches by motivated assailants.
With PG report
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