Tuesday, September 8, 2026

CBN alerts staff over security risk across Nigeria

Bandits have kidnapped more than 700 schoolchildren since December.

• April 29, 2021
CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]
Godwin Emefiele [CREDIT: Bloomberg]

The Central Bank of Nigeria (CBN) has warned its staff to take necessary precautions and be security conscious, as the security situation across the country deteriorates.

The CBN in a memorandum circulated to its staff and obtained by Peoples Gazette said “security intelligence reports have informed of plan by undesirable elements to infiltrate various parts of the country, particularly, state capitals and the FCT with the intention to perpetrate crimes of abduction and kidnapping for ransom or as recruits for terrorism.”

The bank said the activities are likely to be carried out in the evenings and at night and also highlighted security tips that staff should follow.

Kidnapping for ransom has become rampant in many parts of Nigeria and high-earning staff of the Central Bank could be targeted for abduction by criminals.

Already, mass kidnapping of students from their school has become rife in northern states of Kaduna, Katsina, Niger, Zamfara, Benue and Plateau.

Bandits have kidnapped more than 700 schoolchildren since December.

Nigerian security forces appears to be overwhelmed as marauder continue to wreak havoc ubiquitously without hindrance.

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