JUST IN: Armed men kidnap Fouani Company MD and three Lebanese in Lagos

Armed men have abducted the Managing Director of Fouani Company, which represents LG and Hisense brands, along with three Lebanese nationals while they were travelling by boat in  Lagos.

The four foreign nationals were forcefully kidnapped near the Falomo Bridge as the victims were en route from Apapa to Victoria Island.

The names of the victims have not yet been confirmed.

A source familiar with the incident, speaking on condition of anonymity due to the sensitive nature of the situation, revealed that 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 travelling from Apapa to Victoria Island by boat. The kidnappers have asked for $1.5 million,” the source disclosed.

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

When pressed for additional details, including the names of the abducted individuals and specifics of the abduction, Hundeyin responded, “I’m not obliged to state the names, when, where, and how it happened for now but we are looking into it.”

The incident has raised concerns about the security situation in  Lagos, particularly regarding the safety of business executives and expatriates.