The mother of billionaire business mogul and chairman of NICON group Jimoh Ibrahim was on Sunday night kidnapped by unknown gunmen from her residence in Igbotako Okitipupa Local Government Area of Ondo state.
The 70 year old Mrs Mafe Jimoh was forcibly taken away to an unknown location by four heavily armed men who pretended to be customers.
The kidnappers were yet to make any contact with family members to demand ransom.
The incident has since been reported to the police and other security agencies.