Kidnappers Raise Jowizaza’s Father’s Ransom From ₦700M To ₦1.5B.

Kidnappers raise ransom for Jowizaza's father from N700m to N1.5billion

Kidnappers holding the Chairman of Jezco Group, Chief Sir Joseph Ezeokafor, have reportedly increased their ransom demand from N700 million to N1.5 billion.

The Anambra businessman was reportedly abducted in the early hours of Tuesday, August 4, after leaving his residence for a prayer ground.

He was said to have gone out without his security personnel.

A source close to the family said the abductors initially demanded N700 million for his release, Guardian reports. The family reportedly agreed to the demand as part of efforts to secure his safe return.

However, the kidnappers subsequently raised the ransom to N1.5 billion, according to the source, the publication adds.

The family is said to have remained open to negotiations, but the abductors have reportedly stopped communicating with them

“The family has been willing to negotiate and do whatever is necessary to secure his release, but the kidnappers have suddenly stopped communicating,” the source said, per Guardian.

The communication breakdown has reportedly complicated efforts by the family to establish contact with the kidnappers and ascertain Ezeokafor’s condition.

2 days agoEdited to

... Read moreHaving followed similar kidnapping cases in Nigeria, it’s heartbreaking to see such a steep ransom hike, as it reflects the growing boldness of kidnappers and the challenges families face in negotiating safe releases. From my observations, families often try to make quick, measured payments to avoid escalation, but unfortunately, criminals sometimes exploit this willingness to negotiate by increasing demands. The case of Chief Sir Joseph Ezeokafor also highlights the importance of personal security measures, especially for prominent individuals. Leaving without security personnel can make a person vulnerable, and while personal faith practices like visiting prayer grounds are important, having protective arrangements is crucial as kidnapping for ransom remains a serious threat in the region. Moreover, the breakdown in communication after initial negotiations is a worrying sign. It often signals a shift in kidnappers' tactics—possibly using silence to pressure families psychologically or to regroup and raise demands further. Families in these situations might consider involving professional negotiators or liaising with law enforcement to re-establish contact safely. This incident underscores the broader security challenges in Anambra and Nigeria overall, where kidnapping for ransom has become increasingly common. It serves as a critical reminder for communities and business leaders to strengthen security protocols and collaborate with authorities to address this menace collectively. Meanwhile, public awareness and pressure can sometimes help in hastening the safe return of abducted individuals. In sharing this, I hope it encourages readers to prioritize safety precautions and support efforts to combat kidnapping, while expressing solidarity with the family during this troubling time.