Contract Breach: Appeal Court orders Italian company to pay Nigerian agent $1.5million compensation

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Contract Breach: Appeal Court orders Italian company to pay Nigerian agent $1.5million compensation
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The Court of Appeal said it cannot fault the compensation or damages awarded by the lower court against the Italian company and in favour of Energy Equipment and Services.

The Court of Appeal in Abuja has ordered an Italian Company, Valvitalia Group SPA, to pay its agent in Nigeria, Energy Equipment and Services Limited, $1.5million as commission for providing technical support to its customers and promoting its products in Nigeria.

The court presided by V.S. Gaba granted the prayers of the claimant on grounds that Energy Equipment and Services Limited is entitled to a commission from Valvitalia Group with respect to all sales carried out by the foreign company in Nigeria from September 2014 to April 19, 2015 and as it also relates to TOTAL EGINA EPSO Project.

Counsel for Valvitalia Group, Ogunmuyiwa Balogun, argued that the said transactions with Energy Equipment and Services were done before the formal agreement was signed.Italian contractor accuses Sani Dangote of N30 million fraud in alleged breach of contract

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