JIMI OLUKAYODE BADA, J.C.A. (Delivering the Leading Judgment): This is an Appeal against the Judgment of the High Court of the Federal Capital Territory, Abuja in Suit No. - FCT/HC/CV/784/05 delivered on the 30th day of November 2005.
The Respondent as Plaintiff by an action commenced at the lower Court claimed against the Appellants who were Defendants the following reliefs:-
"(1) The sum of =N=18,035,089.63 (Eighteen Million, Thirty Five Thousand, Eighty Nine Naira and Sixty-Three Kobo) being the balance due and owing to the Plaintiff from the Defendants as principal sums borrowed with interest accruing thereon on account number 1071400000468, maintained by the Defendants with the Plaintiff.
(2) Interest at the rate of 19% (nineteen percent) per annum on the above figure of =N=18,035,089.63 (Eighteen Million, Thirty Five Thousand, Eighty Nine Naira and Sixty-Three Kobo) from the 1st day of February 2005 until Judgment is delivered and thereafter interest at the rate of 10% per annum…