School proprietor files n5m suit first bank

It appears that a school proprietor has filed a lawsuit against First Bank for a significant amount of money, specifically N5 million.

Here's a breakdown of the situation:

• The school proprietor is the plaintiff (the person or entity bringing the lawsuit).
• First Bank is the defendant (the person or entity being sued).
• The lawsuit is seeking damages of N5 million (approximately $13,000 USD).

Without more information, it's difficult to determine the specific reasons behind the lawsuit. However, some possible reasons could include:

• Breach of contract: The school proprietor may be claiming that First Bank failed to fulfill its obligations under a contract or agreement.
• Negligence: The school proprietor may be alleging that First Bank was negligent in some way, such as failing to provide adequate security or failing to honor a transaction.
• Misrepresentation: The school proprietor may be claiming that First Bank made false or misleading statements that led to financial losses.

It's worth noting that lawsuits can be complex and involve multiple parties, so it's possible that there are additional details or parties involved in this case.