<p>MUSDAPHER, J.S.C. (Delivering the Leading Judgment): In the High Court of Justice of Borno State of Nigeria, in the Maiduguri Judicial Division and in suit No. M/166/88, the respondent herein, Bank of the North Ltd. as the plaintiff claimed against the appellant herein as the defendant as follows:-</p><p> &quot; .... the sum of N2,041 ,078.73 (Two million, forty-one thousand and seventy-eight Naira, seventy-three kobo) against the defendant, being the balance due on overdraft and L.B.A. facilities granted to the said defendant as a customer of the plaintiff at his request from the period of November, 1973 to about 1987 inclusive of accrued interest and other bank charges thereon as at 30/9/1988 which amount the defendant ought to have repaid long ago but has refused or neglected to pay in spite of several demands by the plaintiff. The defendant&#x27;s indebtedness to plaintiff was admitted in writing on several occasions.</p><p> The plaintiff claims additionally, interest on the said amount of N2, 041 ,078,7…</p>