ALUMINIUM MANUFACTURING COMPANY NIGERIA LIMITED V. VOLKSWAGEN OF NIGERIA LTD.

JOHN INYANG OKORO, J.C.A. (Delivering the Lead Ruling): By a Motion on Notice dated and filed on 22nd July, 2010, the Judgment Debtor/Applicant prayed this court for the following reliefs:-

"1. An order staying the execution of the Judgment of this honourable Court delivered on 4th February, 2010 per their Lordships Adzira Gana Mshelia, Regina Obiageti Nwodo, Adamu Jauro JJCA pending the determination of the Judgment Creditor's appeal pending at the Supreme Court.

IN THE ALTERNATIVE

2. AN ORDER of this Honourable Court granting leave to the Judgment Debtor/Applicant to pay instalmentally the Judgment Debtor/Applicant to pay instalmentally the Judgment debt of N4,883,261.00 (Four million, eight hundred and eighty three thousand, two hundred and sixty one naira) only plus interest at the rate of 7'bd% (seven and a half percent) per annum from 8/12/92 till judgment debt is fully liquidated and N10,000.00 all being the judgment of this Honourable Court per their Lordships Adzira Gana Mshe…