The abductors of about 121 students of Bethel Baptist High School, Kaduna, have demanded N60 million ransom before they can free the remaining students from their captive.
The unknown gunmen also gave the parents of the students a deadline of Monday for the ransom to be paid to them.
The abductors earlier released one of the students on health grounds. One of the parents said they and the Church were working round the clock to raise the ransom.
They also expressed hope that if the ransom demand was met, the students would be released today as promised by the bandits.
The parents said the bandits initially asked for hundreds of millions, but after several days of negotiations, they reduced the ransom to N500,000 per student, making a total of N60 million.