PETROLEUM (SPECIAL) TRUST FUND
V.
WESTERN PROJECT CONSORTIUM LTD. & ORS.

(2006) JELR 46019 (CA)    
Court of Appeal  ·  CA/A/84/06 ·  11 Dec 2006 ·  Nigeria
 · 
Other Citations
P.T.F. v. W.P.C. Ltd. [2007] 14 NWLR (Pt.1055)
CORAM
OLUFUNLOLA OYELOLA ADEKEYE Justice of The Court of Appeal of Nigeria BODE RHODES-VIVOUR Justice of The Court of Appeal of Nigeria ABDU ABOKI Justice of The Court of Appeal of Nigeria
Core Terms Beta
respondents
interest
plaintiffs
mr president
defendants
g1
learned trial judge
entire judgment
unpaid outstanding balance
exhibit c
exhibits a
trial court
final payment of their claims
lower court
agreed amount
exhibit a
final payments
issue no.1
issue no.2
leading judgment
negotiated amount
trial judge
various relevant documentary evidence
1st plaintiff
1st plaintiffs
agreed amounts
appellant mr-e. jegede
clear interpretation of clause
conclusion fees
court of appeal rules briefs of argument
decision of the teamed trial judge
directive fall
exhibit b
following issues
full agreement
gongola state
identification of a valid offer
notice of appeal
ptf pay
respondents brief of argument
said plaintiffs
single issue
sum of n35,361,226.44
sum of n47,635,918
terms of this agreement
various dates

RHODES-VIVOUR, J.C.A. (Delivering the Leading Judgment): In the Federal High Court Abuja Judicial Division the respondents ("the plaintiffs") sued the appellant and the Attorney-General of the Federation ("the defendants") on a specially endorsed writ claiming as follows:

"1.(a) The 1st plaintiffs claim against the defendants jointly and severally the sum of N47,635,918:88 (Forty seven Million six hundred and thirty-five thousand nine hundred and eighteen Naira eighty eight Kobo) being the unpaid outstanding balance of the negotiated and agreed sum due to the 1st plaintiff and interest calculated at the rate of 30% per annum from the 27th of June 2000 till Judgment and thereafter at 12% until the entire Judgment is liquidated.

(b) The 2nd plaintiff's claim against the defendants jointly and severally the sum of N35,361,226.44 Thirty-five Million, three hundred and sixty one thousand two hundred and twenty-six Naira forty-four kobo) representing the unpaid outstanding balance of the ne…

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