Judgment

NIGERIA DEPOSIT INSURANCE CORPORATION (LIQUIDATOR OF ALLIED BANK OF NIGERIA PLC.) Appellant AND 1. OKEM ENTERPRISES LIMITED 2. CHIEF M. O. MILEMIGBO Respondents

Court: Supreme Court of Nigeria
Division: Abuja
Date: 23/04/2004

Appeal allowed. The Supreme Court set aside the judgment of the Court of Appeal together with the order for costs and restored the decision of the Federal High Court which assumed jurisdiction to entertain the suit. The Court held that under the proviso to section 251(1)(d)…

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