The wife and two-year-old child of the chairman, Adavi Local Government Area of Kogi State, Hon Salihu Adaviruku, have been abducted at his Kuroko residence.
According to sources, the Chairman was trailed to his house by about seven armed men, who forced their way in as the main gate was opened.
Adaviruku told Thisday on phone that the Kidnappers said they were after money and were not interested in violence.
He confirmed that the kidnappers demanded N50m from him, but that he told them he had no money to give them during the attack.
Police had since begun investigation.