He was said to be traveling to Abuja when the gunmen emerged from the bush and waylaid his vehicle.
The military officer’s abduction comes a few days after an Army Captain was also snatched while traveling from Abuja within the same axis
The kidnappers were said to have made contact with the family, demanding N50 million ransom.
Meanwhile, a military and police joint rescue team are already combing the bushes around the area of the incident in a bid to rescue the victim.
According to sources, the Commanding Officer of 323 Artillery Brigade Command in Ondo State had visited the scene of the incident to assess the situation.
Confirming the incident, the Police Public Relations Officer, PPRO, Ondo, State Command, ASP Tee-Leo Ikoro said various tactical squads have been deployed to man the area.
He explained that the police have sought the support of the host communities in a bid to checkmate and curtail crime on the said road.