The incident reportedly occurred in Edo, along the Benin-Auchi expressway.
Itemuagbor was on his way to Auchi from Benin, after Sunday’s convention of the Jehovah’s Witnesses, when he was ambushed around Ehor in Uhunmwode Local Government Area.
The assailants were said to have shot at him, killing his wife in the process.
He was said to have been taken away to an unknown location.
A demand of N50m has been made for his release.
Chairman of the Benin branch of the NBA, Prince Collins Ogieva, confirmed the incident to newsmen on Monday.
Ogieva said: “Itemuagbor was kidnapped at Ehor and his wife killed. It is unfortunate.”
“I hope the police will succeed in releasing Itemuagbor unhurt and arrest the kidnappers. They should be brought to justice”.
The Police are yet to make an official statement on the incident.
