Kidnappers of 10 students and staff of the Nigerian Turkish International College, NTIC, Ogun State have reportedly reduced their earlier request for N1.2 billion ransom for the release of the victims to N750 million.
The gunmen had earlier demanded for N50 million on each student, while N200 million was demanded as ransom on the Turkish Mathematics teacher, Miss Deria.
Vanguard reports that there was disagreement among parents of some of the victims over attempt to carry out individual ransom negotiations.
It was gathered that while some relatives were begging the abductors to collect N2 million for the release of their wards, others were ready to pay between N10 million and N15 million respectively.
One of the parents said, "The decision was to pool resources together and pay for their release. But as it is now, some of us are bargaining individually. Some even said they would pay between N10 to N15 million while some of us have not been able to raise up to N3 million.
"For instance, one of the abducted staff is the bread winner of her home. Tell me, where will her family get such amount to pay?
"Friends and relatives have been pooling resources together, yet I have not been able to raise up to N2 million. This is the third day and no hope yet for my daughter's release. My worry is that my daughter is very fragile. Only God knows the psychological and emotional trauma she will be going through at her tender age.
"Her mother has resorted to prayer. Infact, she has not slept a wink since news of our daughter's kidnap was received", he said.
Meanwhile, there are indications that security operatives had located where the victims were camped.
According to the source, the victims were safe and unhurt.