Jowizaza’s father regains freedom after abductors allegedly demanded N1.5bn ransom

Advertisment

Chief Joseph Ebere Ezeokafor, the billionaire businessman and father of Nigerian socialite Jowizaza, has regained his freedom after spending several days in the custody of kidnappers.

Advertisment

Ezeokafor, the founder and chairman of the Jezco Group of Companies, was abducted on August 4, 2026, while travelling to a prayer ground in Awka, Anambra State.

Advertisment

His abduction sparked concern among family members, business associates and many Nigerians who followed developments surrounding the incident.

Kidnappers Allegedly Increased Ransom Demand

Advertisment

According to reports, the abductors initially demanded N700 million from Ezeokafor’s family before allegedly increasing the ransom to N1.5 billion during negotiations.

The reported increase in the ransom demand heightened fears over the businessman’s safety as efforts continued to secure his release.

Advertisment

READ THIS  #EndSARS: Police allegedly Opens fire on Peaceful protesters in Abuja (Video)

However, it remains unclear whether any ransom was eventually paid.

Advertisment

Circumstances of Release Yet to Be Confirmed

Advertisment

News of Ezeokafor’s release emerged days after his abduction, bringing relief to his family and supporters.

Advertisment

As of the time of filing this report, authorities had not disclosed how he regained his freedom.

Advertisment

Details such as where he was released and whether security operatives played a role in the operation have also not been made public.

Advertisment

Founder of Jezco Group

Advertisment

Chief Ezeokafor is the founder of Jezco Oil and Lubricants, a company he established in 1980 before expanding it into the Jezco Group of Companies, with interests in manufacturing and other sectors.

Advertisment

READ THIS  Burna Boy acquires another Richard Mille wristwatch worth N100 million

He is also the father of popular businessman and social media personality Jowizaza.

Advertisment

Nigerians React to His Release

Advertisment

News of Ezeokafor’s freedom has attracted reactions on social media, with many Nigerians expressing gratitude that he returned home safely.

Advertisment

Others, however, questioned the circumstances surrounding his release and whether a ransom was paid, although there has been no official confirmation on the matter.

Advertisment

His release brings an end to days of uncertainty following one of the latest high-profile kidnapping incidents in the country.

Advertisment

Check Also

“If you would have been patient”- Moment Peller screams during visit to man who promised him G-Wagon

AdvertismentAdvertisment ‎A video captures the moment Nigerian content creator, Peller visited an individual who promised …

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from Fastrumours

Subscribe now to keep reading and get access to the full archive.

Continue reading