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BARCLAYS BANK OF NIGERIA LTD V. CENTRAL BANK OF NIGERIA

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BARCLAYS BANK OF NIGERIA LTD V. CENTRAL BANK OF NIGERIA

Legalpedia Citation: (1976) Legalpedia (SC) 11161

In the Supreme Court of Nigeria

Fri Jun 4, 1976

Suit Number: SC. 197/1975

CORAM


EMANUEL OBIOMA OGWUEGBU, JSC. JUSTICE, SUPREME COURT (Read the Leading Judgment)

IRIKEFE, JUSTICE, SUPREME COURT

OKAY ACHIKE JUSTICE, SUPREME COURT


PARTIES


BARCLAYS BANK OF NIGERIA LIMITED APPELLANTS


RESPONDENTS


AREA(S) OF LAW



SUMMARY OF FACTS

The parties were having contrary view in respect of the undischarged liabilities of the plaintiff in respect of the plaintiffs banking operations in the eastern branch before the secession. The plaintiff has asked the court to determine this question in dispute. The court decline jurisdiction on the subject matter.


HELD


The court held in the circumstance of this case, the court has the right to determine whether the said liabilities have been extinguished and same is not covered by the ouster clause in the Decree.


ISSUES


Whether or not the court has jurisdiction to entertain a decision of the Governor of Central Bank made under the Banking Obligations (Eastern States) Decree.


RATIONES DECIDENDI


JURISDICTION OF COURT TO ENTERTAIN A DECISION OF THE GOVERNOR OF CENTRAL BANK MADE UNDER THE BANKING OBLIGATIONS (EASTERN STATES) DECREE


Firstly, a person who did nothing and allowed judgment to go against him in default of appearance did not thereby submit to the jurisdiction of the court. Secondly, a plea of lack of jurisdiction raised for the first time on appeal would be entertained. Finally, where the court, on its own, discovers that it has acted without jurisdiction, it has an inherent power to set aside its own decision in the matter … FATAYI-WILLIAMS, JSC


CASES CITED


Re Dulles Settlement Trusts (1951) 2 TLR. 145 as per Denning, LJ at page 146

Tallack v. Tallack (1927) p. 211 at p. 222

Forfie v. Kwabena Seifah (1958) 1 All ER 289 (P.C.).


STATUTES REFERRED TO


The Banking Obligations (Eastern States) Decree


CLICK HERE TO READ FULL JUDGMENT 

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