After four days in captivity, a former officer of the United States army and native of Ijan Ekiti in Ekiti, Mr Jide Ijadare, has been released by his abductors.
Ijadare was kidnapped about 2.05p.m on Tuesday at his palm oil producing factory on Tuesday alongside one of his staff.
A contractor working with the factory was also shot dead by the assailants.
A family source told journalists that Ijadare regained freedom after paying the ransom demanded by the kidnappers.
The source said the abductors had called few hours after the incident and demanded for N20 million ransom.
“My brother was released this afternoon around 4.15 p.m and he has reunited with the family,” he said.
The Police Public Relations Officer in the state, Mr Sunday Abutu, confirmed that the victim had been freed.
