An appeal to raise the funds was initiated amid threats by the hoodlums to kill the travellers.
Akinsola, on Tuesday, said his friends were released after the suspects were paid N7.5m.
He said, “We were unable to get the whole ransom they demanded, but we had to face them with what we gathered. We ended up paying N7.5m and they were released around 1am today (Tuesday).
“I didn’t follow them to give the kidnappers the money at the location they chose because I was advised that my face was all over social media. After they got the money, they released my friends.
“We already got back to the Divisional Police Officer in Isara to brief him. We also collected our car; but the faulty Toyota Corolla is still there. A friend of mine told me that some people we don’t know are taking advantage of my friends’ situation to post some account numbers to get money.
“We were the ones who raised the money alongside the company my friends work for, among others.”