MUSDAPHER, J.S.C. (Delivering the Leading Judgment): This is an appeal by the defendant against the judgment of the Court of Appeal, Lagos Division delivered on the 22nd day of July, 2003 in which the aforesaid court confirmed the decision of the trial court. The claim of the plaintiff before the trial court as contained in paragraph 62 of the 2nd further and better amended statement of claim is as follows:-
"1. Declaration that the defendant was in breach of its duty to the plaintiff by its failure to remit to the overseas suppliers the purchase price (in foreign currency) of the goods supplied by its overseas suppliers for which payment was duly made by the plaintiff.
2. An order directing the defendant to pay the sum of:-
(a) Pounds Sterling #3,632,872.93
(b) Us Dollars 3,384,263.37
(c) French Francs 3,478,031.85
(d) Deutsche Marks 3,431,790.47
(e) Belgian Francs 3,758,533.10
(f) Dutch Guilders 672,810.34
(g) Danish Krone 79,515.00
to the plaintiff being the value of the goods ord…