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FOUNDATION OF ADMIRALTY TRANSACTION

Dictum

FOUNDATION OF ADMIRALTY TRANSACTION

First Kings Inv. Ltd. v. Jahlive Sadakka (Nig.) Ltd. (2026) 11 NWLR (Pt. 2052) 417 at 434, B —C per Nwosu-Iheme JSC: ‘It is important to note that the foundation of an admiralty transaction is the Bill of lading.’

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