Woman to enforce judgment against firm

A TRADER, Mrs. Jennifer Osobomenmeh Oikeh is set to enforce the judgment of a Lagos State High Court, Lagos Island, ordering a company, Lodigiani (Nigeria) Limited to pay her a debt of N3.7 million following a business transaction.Justice Oludotun Adefope-Okojie had ordered the company to pay the debt according to the terms of settlement reached at the Lagos Multi-Door Courthouse on November 2, 2010.The parties agreed to settle the debt in six installments as follows: N1million on or before December 15, 2010, N543, 500 on or before February 15, 2011, N543, 500 on or before April 15, N543, 500 on or before June 15, N543, 500 on or before August 15 and N543, 500 on or before October 15.One of the terms of the agreement reads: 'In the event that the respondent fails to pay any of the installments as stated above, the entire sum shall fall due and become immediately enforceable.'The payment was to be made in bank draft, but Oikeh said that the debt was yet to be paid.In a March 18 letter to Lodigiani's Managing Director, Oikeh's lawyer, Mr. Micheal Imonah wrote: 'You will recall that terms of settlement signed by the parties had been made as judgment by the court.
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