Dr. Moses Obajimi v. Mr. P. T. Adediji

The appellant wanted to sell his business concern to InternationalI nsurance Group Nigeria Limited and the respondent desired to buy same sometime in1999.They entered into a memorandum of understanding on 4/02/1999 where in, it was agreed that the respondent shall complete the purchase price of 35,000,000.00 (five million naira)on or before 30th April,1999.

2007 8 CLRN 148
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