The son-in-law of former Managing Director of the defunct Monitor newspaper, Ayo Akinyemi was abducted on Sunday afternoon in Ikenne, Ikenne local government area of Ogun State.
Oreoluwa Osunuga, who owns a farm in the town, was waylaid by the gunmen while driving out from the farm to buy fuel and deliver some poultry products.
The gunmen forcefully dragged him out of his car before they took him away in their own vehicle.
Sources said the kidnappers were reported to have contacted the family using his (Osunuga) mobile phone demanding N500m as ransom to regain freedom.
The Divisional Police Officer at Ikenne Divisional Police Headquarters, shortly after the incident, visited the scene with his men and recovered the Highlander 2017 edition car of the victim.
Ogun State Commissioner of Police Bode Ojajuni when contacted at about 9.50pm on Sunday, confirmed the incident, explaining that the police authorities are already working towards the rescue of the victim.
