The ransom of the abducted five pupils, three teachers and a driver of the Apostolic Faith Church Primary and Secondary School, Emure Local Government Area of Ekiti, has been reportedly reduced from N100m to N15m.
The victims were abducted on Monday by gunmen who waylaid the school bus conveying the pupils and staff to Eporo-Ekiti and abducted them.
The gunmen had after the abduction demanded N100m as ransom for the release of their captives.
They also threatened to kill their victims if the ransom is not paid on time.
However, a source close to one of the victims’ family, who do not want his name in print disclosed to Vanguard that the ransom had been reduced the ransom to N15m after negotiations with the kidnappers.
“What we need now is money to secure the release of our children and wives because I just had a conversation with the kidnappers. Today, they call four to five times. They said the ransom is now N15m.
“We are currently begging them to take N4m but they insisted they want 15m. And that we should hasten up with the payment because the children are already weak. They even threatened to kill them if the ransom was not paid on time.
The victim families according to the source have been able to raise N3m.
