STANLEY SHENKO ALAGOA, JCA (Delivering the lead Judgment): In the High Court of Justice Ogun State of Nigeria holden at Ota, the present Appellant as Plaintiff claimed against the
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 -
(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.
(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.
(iii) Savings deducted from the Plaintiff's monthly salaries for onward transfer to the Defendant's Cooperative Thrift and Credit Society.
(iv) Accrued interests on the unpaid Retirement Benefits of N6,635,795.31 from the month of July 2002 at the prevailing Bank r…