The wife of the Governor of Central Bank, Mrs. Margaret Emefiele, was kidnapped along Beni-Agbo highway on Thursday.
Her abductors thereafter demanded for a ransom of N1.5 billion naira in cash.
Following her abduction, President Muhammadu Buhari gave a directive to all security agencies to ensure her release within 24 hours.
Details of how Mrs. Margaret Emefiele, was rescued emerged last night.
Security sources disclosed to this news house that she was rescued at Ugoneki, a midway between Benin and Agbor, on Friday night.
A rescue team, comprising operatives of the Department of State Security Service, Police and the military was deployed to track down the kidnappers.
The rescue operation claimed the life of one of her kidnappers while three others were arrested.
The remaining four members of the eight-man gang that kidnapped her are currently on the run.
At the time of her abduction, she was being driven in an SUV with her police orderly and a backup vehicle with three mobile policemen.
Security sources said investigations were on to unravel why none of the policemen attached to her “Did practically nothing”, when the gunmen struck.
“The three mobile policemen did practically nothing even though each of them had about 10 rounds of ammunition in their guns”, the source said.
The CBN governor has however praised security agencies for their gallantry in bringing his wife back home within 24 hours in compliance with the directive of President Buhari.
According to CBN’s Acting Director, Corporate Communications, Mr. Isaac Okorafor, Emefiele thanked God for the life of his wife.
He also expressed gratitude to Delta and Edo State Governments, friends and well-wishers who, through their actions, helped to bring the harrowing experience to a joyful end.
He reaffirmed his resolve to continue to serve the nation diligently and with all his heart without any fear of intimidation.