ELEVATEDBusinessDay NigeriaUnverifiedUnpublished

Fact-check: The article cites SBM Intelligence's report 'Monkey Business,' detailing nearly N8bn in government spending on ransoms and responses to school abductions from 2014-2025, based on publicly reported incidents like Chibok (N5bn) and recent Niger State cases. Real-time X posts discuss similar events, including alleged N2bn payments for 230 abducted pupils from St. Mary School, aligning with the report without contradictions. BusinessDay NG is a credible outlet, and no counter-evidence was found.

How Nigeria spent over N8bn on abducted school children in a decade

nigeriaafricainsecuritykidnappingsschool-children

Nigeria has spent over N8bn on abducted school children in the past decade due to the country's worsening insecurity. School children have become vulnerable targets of criminal gangs, according to SBM Intelligence. This highlights the ongoing issue of kidnappings and insecurity in Nigeria.

Nigeria’s worsening insecurity has continued to place school children among the most vulnerable targets of criminal gangs. SBM Intelligence reveals read more How Nigeria spent over N8bn on abducted school children in a decade ]]>

How Nigeria spent over N8bn on abducted school children in a decade

[Sources]

Fact-check sources