ELEVEN days after he was abducted in front of his house in Jattu, Etsako West Local Government Area of Edo State, popular member and factional chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Benin Depot, Alhaji Abdul-Hamid Egele, popularly called Baba Petrol has been released.
A family source confirmed his release on Thursday evening, but he said he was let go after a ransom of N70 million was paid.
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Curiously, he said the ransom was paid in far away Kaduna State, while he was released in an undisclosed location in Edo State.
He said: “He was released yesterday (Wednesday) morning after a ransom of N70 million was paid in Kaduna.
“As we speak, he is in an undisclosed hospital in Benin receiving treatment.”
The abductors had, six days ago, demanded for N80 million before he would be released.
Egele was kidnapped on Monday, February 7 in Jattu, at 7pm, when he was returning home after the day’s business and was accosted by the gunmen.
The Police Public Relations Officer, Kontongs Bello, could not be reached, but a top police officer said they were yet to be informed about the development.