Connect with us

Hi, what are you looking for?

Metro

Court Orders Intels Nigeria Ltd to Pay Retired Employee $325,183 Retirement Benefit

Ravenewsonline.com reports that the National Industrial Court of Nigeria (NICN) in Port Harcourt, Rivers State, has ordered a firm, Intels Nigeria Ltd, to pay its former employee, Patrick Udoh, $325,183.5 as retirement benefit from 2012 till September 2021 within 30 days.

The court also ordered that Mr Udoh should be paid $3,000 monthly with effect from October 2021 as long as he is alive and as long as the firm continues to operate in Nigeria

The judge, Faustina Kola-Olalere, held that the exhibit tendered by Mr Udoh is a contractual undertaking between him and the firm which is binding on the parties and can be legally enforced.

The firm had complied with the agreement for 18 years, but began to renege on its promise, prompting the claimant, Mr Udoh, to approach the court for an enforcement of the pledge.

Delivering judgement on the suit last Friday, the judge held that the monthly $3,000 claimed against the firm by Mr Udoh is his retirement income/fund, which he lives on after the termination of his employment.

The court dismissed the defendant’s submission that it is constrained by Limitation Law of Rivers State.

In its defence, the firm argued that Mr Udoh’s former boss wrote the letter of undertaking in his personal capacity to assist the claimant following the termination of his employment with Intel Services Limited and not as an officer or their agent.

While urging the court to give a plain interpretation to the agreement, Intel Nigeria Ltd prayed the court to dismiss the claim for lacking merit and to strike out the matter for being statute-barred.

It also contended that the court lacked the jurisdiction to entertain the matter.

But in her verdict, Ms Kola-Olalere affirmed the jurisdiction of the court and held that the case was not statute-barred, adding “the injury being complained of is a continuous one.”

The court held that Exhibit C.1 is a contractual agreement between the defendants (the employers) and their employee (the claimant), which is binding on the parties and that the defendants rightly complied with these undertakings from January 1996 to September 2012 (a period of almost 18 years).

The court held that the exhibit tendered by Mr Udoh is a contractual undertaking between him and the firm which is binding on the parties and can be legally enforced.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

Health

National Agency for Food and Drugs Administration and Control (NAFDAC), has recalled a batch of a cough syrup brand manufactured by Johnson & Johnson,...

Tech

Exciting news for smartphone enthusiasts! TECNO has officially unveiled the highly anticipated CAMON 30 series, setting a new standard for innovation and excellence in...

News

Allen Onyema, chief executive officer of Air Peace, has claiimed that some airlines are conspiring to take his company out of business by underpricing...

Tech

Salesforce, the #1 AI CRM, announced the general availability of Unified Conversations for WhatsApp, which transforms one-way marketing promotions or service requests into dynamic,...