According to statistics from the African Insurance Organization, Nigeria is now the kidnap for ransom capital of the world.The AIO said Nigeria accounted for 25% of global kidnappings in the last one year.
The revelation was made in Balaclava, Mauritius, at the 18th African reinsurance Forum which was well attended by delegates from across Africa and other continents.
The report said, “The number of kidnaps for ransom in Africa continued to increase. In the first half of 2011, Africa’s proportion of the global total increased from 23 per cent in 2010 to 34 per cent. Nigeria is now the kidnap for ransom capital of the world, accounting for a quarter of globally reported cases.”
The organization said that the development had led to increased business for terrorism and kidnap insurance.
BusinessNews
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