FIRST BANK OF NIGERIA V. S. M. P. AKIRI
(2013) JELR 50897 (CA)
Court of Appeal
•
CA/AK/17/2010
•
5 Dec 2013
•
Nigeria
Coram
SOTONYE DENTON-WEST JCA (Presided and Read the Lead Judgment) MOJEED A. OWOADE JCA CORDELIA IFEOMA JOMBO-OFO JCA
Appearances
E. Udofot - for the Appellant.
-*-
P. P. Monde - for the Respondent.
Judgement
<p><strong> DENTON-WEST JCA (Delivering the Lead Judgment): </strong> This is an appeal from the judgment of the Ondo State High Court sitting in Akure in suit No. AK/70/2005 delivered on 10 June 2009 by Honourable Justice T.</p><p>Osoba.</p><p>The respondent (plaintiff at the lower court claim in its entirety were granted. The respondent maintained the action against the appellant (defendant at the lower court) at the trial court claiming the following reliefs:</p><p>A sum of N500,000.00 (five hundred thousand naira) being the actual sum negligently and/or recklessly paid to Chief Fola</p><p>Abiloye by the defendant in complete disregard to his mandate. (i ) A sum of N2,000,000.00 (two million naira) as general damages for the defendant’s negligence and/or recklessness. ) Interest on the said Sum of N500,000.00 (fivehundred thousand naira) at the rate of 21% per annum from 25 May 2000 cashment date to the date of judgment herein and at the rate of 10% per annum from the date of judgment to the date of final liquidation. The partie…</p>