<p><strong>CHINWE EUGENIA IYIZOBA, JCA (Delivering the Leading Judgment): </strong>This is an appeal against the Judgment of Ojikutu Oshode J. of the High Court of Lagos State, in Suit No. LD/490/2004 delivered on 21st day of September 2008 granting the Respondent possession and mesne profits at the rate of ₦5,145,000.00 (Five million, one hundred and forty-five thousand naira) per annum from 31st December 2005 until possession is given up. </p><p> The facts that led to the institution of the suit at the lower court as deduced from the Claimant/Respondent&#x27;s amended statement of claim are as follows:</p><p> The Respondent sometime in 1991 leased the parcel of land known as Plot &#x27;B&#x27; Idejo Towers (henceforth referred to as the Premises) from the Lagos State Development and Property Corporation for a term of fifty years only. Thereafter, the Respondent took possession and did piling work on the premises with a view to erecting a high-rise building of over 10 floors thereon. After completion of the piling work, but before …</p>