The two kids, a girl and a boy, were found dead in the pit a day after they were said to be missing.
Their discovery in the pit said to be far from the homes of their parents was reportedly suspicious to residents because while the boy was still crawling the girl was only tottering.
Before locating the bodies in the pit, people were said to have combed many places in search of the kids whose disappearances happened in separate locations with one said to have taken place at home and the other at the market.
Though parents of the two kids live in the community, the parents of one are Nigerians while the other are foreigners. Gure is a border town between Nigeria and Benin Republic.
A source in the community said the residents suspected that the toddlers were killed for ritual purposes.
No suspect is yet to be apprehended. He said the suspicion of ritual connection was widespread in the community because another boy had earlier been found recently in the pit, though he was rescued.
The source explained that the people however restrained themselves from a violent protest but only called on the police to douse the situation.
Spokesman of the state police command, Ajayi Okasanmi, who confirmed the incident, gave the name of the female kid as Aisha Michael and the male victim as Ibrahim Bernand.
Okasanmi said bodies of the kids were recovered from the pit without any mark of violence.
He, however, said the police were still investigating to unravel how the kids got missing and died.
Meanwhile, a female National Youth Service Corps (NYSC) member serving in Lagos State, one Morenikeji, who was knocked down by a reckless commercial bus driver on Wednesday, reportedly died yesterday.
The incident happened at Igbo Efon, on the Lekki-Epe expressway.
The deceased was rushed to the Lagos University Teaching Hospital (LUTH) on Wednesday after being knocked down while she was on her way to her Place of Primary Assignment.
Morenikeji was confirmed dead in LUTH yesterday.
The corps member was left unconscious after the accident on Wednesday morning, but was later rushed to the hospital for treatment while the reckless driver, who was reportedly drunk, was arrested after motorists chased him down.