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MULTI-TRADE ECOLOGY LIMITED v. POWERNOTH-AICL EQUIPMENTS COMPANY LIMITED

(2018) JELR 38582 (CA)

Court of Appeal  •  CA/L/1157/2017  •  30 Oct 2018  •  Nigeria

Coram
TOM SHAIBU YAKUBU JCA; UGOCHUKWU ANTHONY OGAKWU JCA; GABRIEL OMONIYI KOLAWOLE JCA;

Judgement

UGOCHUKWU ANTHONY OGAKWU, J.C.A. (Delivering the Leading Judgment): This appeal is against the judgment of the High Court of Lagos State delivered by Sonaike, J. on 23rd June 2017. The Respondent, as Claimant before the lower Court claimed the following reliefs by its Further Amended Statement of Claim:

WHEREOF the Claimant claims against the Defendant as follows:

(a) A declaration that the Defendant has breached the terms of the equipment lease agreement Dated 9th of September 2011 between 2011 between itself and the Claimant herein.

(b) A declaration that the Defendant is liable to the Claimant in damages for breaching the terms of the equipment lease agreement dated 9th day of September, 2011 and to pay all its debts to the Claimant.

(c) The sum of N105, 000, 000. 00 (One Hundred and Five Million Naira) begin [sic] unpaid accumulated instalment [sic] payment of N15, 000, 000. 00 (Fifteen Million Naira) for the months of September 2011 to March 2012 that is 7 (seven) months which the De…

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