Facts:

The plaintiff, Alhaji D. A. Buraimoh sometime in 1999 applied to the Regional central manager of the 1st defendant, Nigeria Bottling Company who was based in Enugu to allow him manage any of the depots under his territorial control. In response to this request the defendant invited him for an interview and being successful, the plaintiff was asked by the Regional Central Manager to deposit the sum of N250,000.00 (Two hundred and fifty thousand Naira) in the account of the defendant and to open a fresh account in the name of the defendant at the Ogoja branch of the Union Bank Plc as preconditions for handing over any depot to him. He complied with those directives and on the 31st of July, 1999 one Mr. ljaiya, the assistant plant accountant, went to Okuku and ceded the Ogoja depot to the plaintiff for a period of three years as stated in the agreement between the parties. The plaintiff testified at the trial that from 31st July, 1999 to 28th August, 1999 he operated the Ogoja depot without any hitch and paid a total sum of N3,310,766.00