KUDIRAT MOTONMORI OLATOKUNBO KEKERE-EKUN, J.S.C. (Delivering the Leading Judgment): The 1st respondent in this appeal, DR, MRS. OMONIKE OLANIYI, was a customer of the 2nd respondent, C.B. VENTURES Ltd. She had a deposit of N15 million with them. The property in dispute located at Plot 2370 Cadastral Zone A6 Maitama District of the Federal Capital Territory (FCT) Abuja, covered by Certificate of Occupancy No. FCT/ABU/PL.344 was allocated to the 2nd appellant, MUSA GARBA IZAM. He developed it by constructing an 8-bedroom duplex thereon. He put in the 1st respondent, BULET INTERNATIONAL NIG. Ltd. as his tenant. Somewhere along the line, Musa Izam became indebted to C.B. Ventures Ltd. He agreed to sell the property to C.B. Ventures to offset his liability to them. C.B Ventures, in turn, later became indebted to Dr. Olaniyi. In part payment of its indebtedness, it assigned the property to her. A Deed of Assignment (Exhibit P10) was executed between Dr. Olaniyi and C.B. Ventures Ltd. The de…
BULET INT'L (NIG) LTD & ANOR
V.
OLANIYI & ANOR
(2017) JELR 38028 (SC)
Supreme Court 2 Jun 2017 Nigeria
Case
Key Passages 13
Citing Cases 15
BriefBot Summary
- The 1st respondent, Dr. Mrs. Omonike Olaniyi, had a deposit of N15 million with the 2nd respondent, C.B. Ventures Ltd. - The 2nd appellant, Musa Garba Izam, developed the property in dispute and agreed to sell it to C.B. Ventures Ltd. to
Case Details
Suit Number:SC.226/2015
Judges:WALTER SAMUEL NKANU ONNOGHEN CJN
MUSA DATTIJO MUHAMMAD JSC
KUDIRAT MOTONMORI OLATOKUNBO KEKERE-EKUN JSC
EJEMBI EKO JSC
SIDI DAUDA BAGE JSC
Counsel:A.B. Anachebe, SAN with him, A.O. Okpalah, Esq., F.C. Anachebe (Mrs.), Charles Jibuaku, Esq., Shareef Mohammed, Esq., Uchenna Uche, Esq. and Chinelo Ekwu (Mrs.) For the Appellant;
O.I. Olorundare, SAN with him, Tunde Babalola, Esq., P.A. Abah, Esq., A.T. Balogun (Miss) and Thomas Ojo, Esq. For the Respondent.
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