The kidnappers of Olali, six-year-old son of the former chairman of Yenagoa Local Government Area and ex-Commissioner for Local Government and Community Development in Bayelsa State, Mr. Godknows Powell, have demanded N50 million to set him free.
The boy was abducted on new year day at the Etegwe suburb of Yenagoa by some gunmen while returning from a church service with his mother.
The kidnappers, weekend, established contact with their victim's family.
According to a security source, the abductors whose whereabouts were still unknown warned the victim's family against involving security agencies in their negotiations.
The source who pleaded anonymity said the hoodlums insisted on N50 million ransom.
"We know the kidnappers will reduce their ransom. It is their normal practice. They always place high amount of money on their victims only to reduce it later through negotiation," he said, adding that the police are working round the clock to rescue the boy.
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