AMINA ADAMU AUGIE, JCA (Delivering the Leading Judgment): By an Originating Summons dated 28/11/2006; filed at the Federal High Court, Lagos, the Respondents as Plaintiffs, prayed the Court for the following reliefs -
(a) A DECLARATION that the Defendant has defaulted in complying with the Plaintiffs' enabling statues by not contributing to the Plaintiffs, the total mandatory 1% of the aforesaid Defendant's gross pay-roll for the year 2001 - 2004 and 5% monthly penalty for such default.
(b) AN ORDER for immediate payment or remittance by the Defendant of the outstanding sum of N101, 536,761.00 to the Plaintiff.
(c) 5% statutory pre-judgment monthly interest on the debt arising from the Defendant's default from May 2004 till date of judgment
(d) 10% interest on the judgment sum from date of Judgment until the sum is finally liquidated.
(e) The cost of this action.
The Appellant entered a Conditional Appearance on 1/6/2007, without more. The Respondents later filed an Application dated …