MSHELIA JCA (Delivering the Lead Judgment): By a writ of summons and a statement of claim filed on 13November 2002, the respondent herein claimed against the appellant the following reliefs:
Special damages:
Value of the work done (VOWD) N60,416,722.19 not paid for on the original and USD1,351,426.88 Contract ceiling.
Completed additional works N85,505,938.11 as agreed upon on joint site and USD2,192,454.30 verification. 3. Interest on returned invoices N783,950,601.07 of August 2001.
Standby charges on personnel N325,756,733.60 and equipment as per contract USD20,310,262.28
Value of work done on extra dredging based on the probing result and N1,458,300.25 Bathymetric survey on Ile-Oko 10,121,436.00 River.
Interest on (1), (4) and (5) above at 40% per annum from 6
January 2002 till 30 October 2002 and thereafter, at 22% per A annum until judgment. Interest on the judgment debt at 10% until satisfaction thereof.
General damages: The plaintiff claims the sum of N2,000,000,000.00 (two bill…