UWAIS, J.S.C. (Delivering the Leading Ruling): The respondent was the plaintiff in the High Court of former Oyo State where he brought action against the applicant as defendant, claiming as follows -
"(i) Declaration that the defendants were negligent in handling, Operating and management of plaintiff's business affairs and accounts with the defendant.
(ii) An order directing the defendant to refund to the plaintiff forthwith the sum of $804,988.59 being the amount paid in respect of outstanding bills in Schedules 2B, 2C, 2D, 3 and 5.
(iii) An order directing and compelling the defendant to pay the plaintiff the sum of $12,302,555.24 being the difference between the applicable Pre-SFEM rate in respect of all the outstanding bills in Schedules 2B, 2C, 2D, 3 and 5 and the rate of which the said outstanding bill will now be remitted by private arrangement or by any process as may be directed by the Federal Government of Nigeria as at the time of judgment/payments.
(iv) An order compellin…