The suspects were accused of conspiring and kidnapping Sylvanus Ahanonu Hafia at about 5:30 pm on June 23, 2014, at Kara Street, Amuwo Odofin in Lagos.
After kidnapping the victim, they demanded a ransom of N2m.
However, they pleaded not guilty to the four charges.
The judge held that the sentence would serve as a deterrent to other aspiring kidnappers.
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