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CAPTAIN (RTD) JULIUS A. OMOLE V. COLODENSE NIGERIA PLC.

(2010) JELR 47642 (CA)

Court of Appeal  •  CA/I/20/2006  •  29 Nov 2010  •  Nigeria

Coram
STANLEY SHENKO ALAGOA JCA; SIDI DAUDA BAGE JCA; MODUPE FASANMI JCA;

Judgement
<p>STANLEY SHENKO ALAGOA, JCA (Delivering the lead : ): In the High Court of Justice Ogun State of Nigeria holden at Ota, the present Appellant as Plaintiff claimed against the</p><p> Respondent as Defendant as per paragraph 15 of the statement of claim dated 14th September 2002 and filed on the 18th September 2002 as follows -</p><p> (i) Total Retirement Benefits as conveyed to the Plaintiff by the Defendant company vide letters CFA/JU/321 06/98 of 30/6/98 and CFA/JU/18/98 of 4/12/98 respectively - N6,635,795.31.</p><p> (ii) Accrued interest at the prevailing Bank rate of 25% on the due sum of (i) above with effect from 1st January 2000 to June 30th 2002 in accordance with paragraph (c) of the Defendant's letter CFA/JU/321/06/98 of 30/6/98.</p><p> (iii) Savings deducted from the Plaintiff's monthly salaries for onward transfer to the Defendant's Cooperative Thrift and Credit Society.</p><p> (iv) Accrued interests on the unpaid Retirement Benefits of N6,635,795.31 from the month of July 2002 at the prevailing Bank r…</p>

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