Tragedy struck in Ogun State after a 25-year-old man, Abubakar Musa, allegedly killed two persons and injured three others during a violent attack linked to a failed business deal.
The incident, which occurred in the early hours of Tuesday, has left residents of Olambe community in Ifo Local Government Area in shock, as details continue to emerge about the deadly confrontation.
According to the Ogun State Police Command, the suspect carried out the attack at about 1:38 a.m., using a knife to stab multiple victims following a disagreement believed to be connected to a business transaction.
Police confirmed that two of the victims, identified as Gbadamasi Ibrahim, 25, and a 40-year-old man known simply as Chinedu, died while being rushed to the hospital.
Three others — Mohammed Abubakar, 35, Ashiru Adamu, 25, and Paul Lawrence, 25 — sustained serious injuries during the attack. They are currently receiving treatment in hospital and are said to be responding, although their condition remains critical.
The Police Public Relations Officer, Oluseyi Babaseyi, said the victims were attacked while trying to calm the suspect, who had reportedly become violent after the business deal failed.
Residents said the incident took place in a quiet part of the community, where people were asleep before the sudden outbreak of violence.
According to police accounts, the suspect allegedly lost control during an argument and began attacking those around him with a knife. Some of the victims were said to have stepped in to settle the dispute before the situation escalated.
Babaseyi explained that the suspect stabbed five people in total before fleeing the scene.
“On Tuesday, 7th April 2026, at about 0138hrs, the suspect stabbed five people. Two of them died while being taken to the hospital, and a doctor confirmed their deaths,” he said.
He added that the other three victims were rushed to hospital, where they are currently being treated.
After carrying out the attack, the suspect reportedly fled the area in an attempt to escape arrest. However, police operatives from the Ajuwon Division later tracked him down and took him into custody.
Authorities confirmed that the suspect is now being held by the police and has been transferred to the State Criminal Investigation Department (SCID) for further investigation.
“The case and the suspect have been sent to the SCID for investigation and prosecution,” Babaseyi stated.
Police say they are working to establish the full details surrounding the failed business transaction that led to the attack.
Reacting to the incident, the Commissioner of Police in Ogun State, Bode Ojajuni, strongly condemned the violence and assured residents that justice would be served.
Ojajuni described the attack as senseless and unacceptable, noting that disputes should never be resolved through violence.
He also called on members of the public to remain vigilant and report any suspicious behaviour to security agencies before it escalates into serious crime.
“The command will ensure that the suspect is properly investigated and prosecuted according to the law,” he said.
The incident has once again raised concerns about the increasing number of violent disputes linked to business and personal disagreements in parts of the country.
In recent years, security agencies have reported cases where minor misunderstandings or failed transactions have led to serious violence, sometimes resulting in loss of lives.
Community leaders in Olambe have also expressed concern over the incident, calling for calm and urging residents to avoid taking the law into their own hands.
Meanwhile, families of the victims are mourning their loss, as the community struggles to come to terms with the shocking incident.
As investigations continue, many are hoping that justice will be delivered swiftly and that measures will be put in place to prevent similar incidents in the future.
For now, the focus remains on supporting the injured victims and ensuring that the suspect faces the full weight of the law.
The Ogun State Police Command has assured the public that it remains committed to protecting lives and property, while urging citizens to always seek peaceful ways to settle disputes.