Kidnapped Akwa Ibom Traditional Ruler Freed On N50m Ransom


May 27, 2024.

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Azonuchechi Chukwu.

Paramount Ruler of Mbo Local Government Area (LGA) of Akwa Ibom state, HRM Ogwong Okon A. Abang, who was abducted on the night of 18 May in his Ebughu Palace has been released after payment of a reported N50 million ransom.

Police Public Relations Officer, Akwa Ibom Command, ASP Timfon John, confirmed the release of the monarch.

John simply said, “Yes, it’s true” he has been released, but didn’t give any insight as to whether money changed hands.”

But a community leader told Vanguard, on condition of anonymity, that, “The monarch was released early this (Monday) morning and I can tell you the abductors collected N50Million to release him.

“The community is bitter, especially from realisation that some youths from within were among the kidnappers. We have vowed to get to the bottom of this and bring them to book.

“This whole thing is induced by sheer greed and then envy by some mischievous community stakeholders over the exalted stool the Paramount Rulers occupies. Long may he reign.

“The monarch has been taken to an hospital for proper medicare and his wife who was shot while he was being abducted is recuperating fast and would be discharged soon.”

The abductors, it would be recalled, struck at the palace at about 9pm fateful 18 May with roaring guns as they dragged the monarch away, leaving his wife, Obonganwan Okon Abang, shot on the leg.

The development had heightened concerns over the worsening insecurity in the state, especially killing and kidnapping of important personalities, with Oro ethnic bloc of the state most vulnerable due to its collapsed road network and porosity of its waterways.(

Azonuchechi Chukwu
Azonuchechi Chukwu
Azonuchechi Chukwu - Business Journalist at Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the team.

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