The abductors of the students and staff of the College of Agriculture and Animal Science, Bakura in Zamfara State are demanding N350 million for their release.
The provost of the college Habibu Mainasara confirmed this to Channels Television on Tuesday.
He said a total of 20 people were abducted, including 15 students, 4 staff, and a driver.
The gunmen had stormed the institution around 11 pm on Sunday and kidnapped the students and staff of the college.
The gunmen killed two watchmen and a police officer during the attack.
FG, WIOCC Partner To Connect 3 Million Homes To Internet
Beatrice Ekweremadu Released From UK Prison, Returns To Nigeria
FG Convicts Over 100 Terrorist Financiers, Targets Financial Crimes
Tinubu Approves Inland Dry Ports In Ogun, Oyo To Boost Economy