Judiciary-Poetry-Logo
JPoetry

REVERSIONARY INTEREST CANNOT BE SOLD WHEN ANOTHER IS IN POSSESSION

Dictum

It appears to me to be the law that a reversioner, such as the 2nd respondent, cannot sell his reversionary interest, that is his particular estate, as fee simple while another person is in possession of the land. He must first either first recover possession from that other person in possession or sell his reversionary interest subject to that person’s possession. For what the reversioner has in such a case is the freehold reversion subject to the possession in another person and not a fee simple absolute free from incumberances. It must be noted that interests in land, whether legal or equitable, are carved out as it were on a plane of time. Any holder of a particular interest or estate who attempts to sell more than the quantum of his estate will be caught by the maxim: nemo dat quod non habet (no one can give or sell what he has not).

– Nnaemeka-agu, JSC. Ude v. Nwara (1993)

Was this dictum helpful?

SHARE ON

CHANGE IN THE RATE OF INTEREST MUST BE COMMUNICATED

Any change in the rate of interest should be brought to the attention of the customer by the banker as a condition for the banker to change the agreed rate of interest. [Okolo v. U.B.N.Ltd (1998) 2 NWLR (Pt. 539) 618 referred to]

– L.A. Ayanlere v. Federal Mortgage Bank of Nig. Ltd. (1998) – CA/K/186/96

Was this dictum helpful?

INTEREST WILL BE AWARDED WHERE PROVED EVEN IF NOT CLAIMED

In fact, where interest is not even claimed on the Writ, but the facts are pleaded as did the Appellant in its amended Statement of Claim and evidence was given which showed entitlement thereto, the Court may award interest as a general rule. See EKWUNIFE V. WAYNE (W/A) LTD (1989) 5 NWLR (PT.122) 428.

— U.M. Abba Aji, JSC. Cappa v NDIC (2021) – SC.147/2006

Was this dictum helpful?

HOW TO ARRIVE AT RATE OF INTEREST IN COMMERCIAL CASES

In TATE and LYLE FOOD AND DISTRIBUTION LTD. V. GREATER LONDON CONOI AND ANOTHER. 1981 3 All E.R. 716 Forbes J on how to arrive at the rate of interest in Commercial cases held that one must not look at the profit which the Defendant wrongfully made out of the money he withheld but at the cost to the plaintiff of being deprived of the money which he should have had. In my view interest in commercial cases of this nature is not awarded against the Defendant as a punitive measure for having kept the plaintiff out of his money but as an attempt to achieve restitution in intergrum.

Was this dictum helpful?

PLAINTIFF SHOULD SHOW CLEARLY AND PROOF NATURE OF HIS POSSESSION

In a plaintiff’s pleading, he is required to show clearly and prove the nature of the possession which he is relying upon to sustain his action in trespass, that is whether he is relying on bare possession or on his possession or right to possession based on his title to the land. The rule of audi alteram partem, which is incorporated in our rules of pleadings postulates that a man must know the nature of the case which he is to meet in court. This is also a clear implication of the constitutional provision of fair hearing guaranteed by section 33 of our Constitution of 1979. As such is the case, a plaintiff cannot in his pleadings aver exclusive possession or right to possession based on title but, having failed to prove it, be allowed to succeed on bare possession.

— Nnaemeka-Agu, JSC. Adesanya v Otuewu (1993) – SC.217/1989

Was this dictum helpful?

THE NIGERIAN POLICE FORCE HAS THE RIGHT TO POSSESS LAND

Firstly, the submission that the Nigeria Police Force is an integral part of ‘the Federal Executive’ with no capacity to own or possess land independently of the Federal Government is unnecessary. But more importantly, the assumption ignores the fact that the Nigeria Police Force is a creation of the Constitution of the Federal Republic of Nigeria in much the same way as other organs of the Federal Government, such as the legislature, executive the judiciary and the armed forces of the federation, each of which, though an arm of the Government of the Federation, nonetheless, has an independent capacity and rights that do not depend on the executive arm, including the right to possess land. See sections 4 and 43; 5 and 122; 6 and part I of chapter VII; sections 194 and 197 of the Constitution of the Federal Republic of Nigeria, 1979.

– Olagunju JCA. Ofodile v. COP (2000)

Was this dictum helpful?

PARTY WITHHELD MONEY DUE, INTEREST WILL FLOW

It is also trite in law that when in a business transaction like the one under discourse a party is found to have withheld money due to the other party for sometime after being due, it is a natural consequence that flows from the default that interest be paid for the period of default until liquidation. I rely on ACME Builders Ltd v Kaduna State Water Board (1999} 2 SC 1 at 9.

— M. Peter-Odili, JSC. Cappa v NDIC (2021) – SC.147/2006

Was this dictum helpful?

No more related dictum to show.