In Emmanuel Ilona vs Sunday Idakwo & Anor (2003) LPELR-1496 (SC) where the apex court held thus: “The law is well settled that where, as in the present case, there are competing interests by two or more parties claiming title to the same piece or parcel of land from a common grantor, the position, both at law and in equity, is that such competing will prima facie rank in order of their creation based on the maxim qui prior est tempore potior est jure which simply means that he who is earlier in time is stronger in law. See Ahmadu Bello University v. Fadinamu Trading Co. Ltd. & Anor (1975) 1 NMLR 42, Abiodun Adelaja v. Olatunde Fanoiki & Anor (1990) 2 NWLR (Pt. 131) 137 at 151, Barclays Bank Ltd. v. Bird (1954) Ch. 274 and 280.”
PAYMENT OF PURCHASE PRICE GIVES THE PURCHASER AN EQUITABLE TITLE
Viewed even from the standpoint of the common law, payment of purchase price coupled with possession gives the purchaser an equitable title and he is entitled to seek an order of specific performance to compel the vendor to convey legal title to him. But where the purchaser price is not fully paid, the purchaser will have no right to enforce specific performance – see Hewe v. Smith (1884) 27 Ch D 89, a case relied on by the learned trial judge.
— M.E. Ogundare, JSC. Odusoga v Ricketts (1997) – SC.57/1990