Three kidnapped Cocoa Research Institute workers regain freedom after cost of N50m ransom

Three workers members of the Cocoa Research Institute of Nigeria (CRIN), in Ibadan, Oyo State, who have been kidnapped by armed males have regained freedom after the cost of N50 million as ransom.

The victims have been kidnapped whereas inspecting crops on a farm throughout the institute’s premises on October 9, 2026.

The kidnapped workers have been recognized as Mrs Eunice Babalola, Mr Kehinde Gbalajobi and Mr Nelson.

After the kidnapping, the abductors reportedly demanded N40 million from every of the victims as ransom.

However, the ransom was finally negotiated to N50 million for the three victims.

A supply instructed Nigerian Tribune that they have been rescued from the bush by safety forces round Globus Farm, popularly generally known as Triton, on Wednesday, October 14, 2026.

The spokesperson for the Oyo State Police Command, DSP Olayinka Ayanlade, confirmed the rescue of the victims however mentioned he was not conscious of any ransom paid.

The PPRO added that efforts are nonetheless ongoing to apprehend the suspects.