SAKAMORI CONSTRUCTION (NIG) LTD
V.
LAGOS STATE WATER CORPORATION
IBRAHIM MOHAMMED MUSA SAULAWA, J.S.C. (Delivering the Leading Judgment): The instant appeal is against the judgment of the Court of Appeal Lagos Judicial Division, delivered on June 7thh, 2011 in appeal No. CA/L/489/2010, By the judgment in question, the Court below, coram- Mshelia, Okoro (as he then was) and Danjuma, JJCA held that the trial High Court of Lagos State lacked jurisdiction to try the case, thereby set aside the vexed ruling and judgment delivered on June 18th, 2010, and referred the respective parties to arbitration.
BACKGROUND FACTS
The suit (LD/1146/2009) was instituted in the trial High Court by the Appellant, vide a writ of summons, dated July 15th, 2009. By the 20 paragraphed statement of claim, filed along with the writ thereof, the Appellant claimed the following reliefs against the Respondent:
a. Sum of N462,068,741.92 (four hundred and sixty two million sixty eight thousand seven hundred and forty one naira ninety-two kobo) being the sum outstanding and unpaid to …