JOSEPH OLUBUNMI KAYODE OYEWOLE, JCA (Delivering the Leading Judgment): This is in respect of an appeal against the judgment of the High Court of the Federal Capital Territory, holden at Abuja delivered on the 10th November, 2020 by GARBA, J. (as he then was).
The Appellants took out an action against the Respondents at the lower court wherein they sought the following reliefs:
a. The sum of $29, 040. 30 (Twenty nine thousand, forty nine United States Dollars, Thirty Cents) being the amount owed the Claimants by the Defendants.
b. Interest on the said sum at the rate of 25% per annum or at the rate prevailing bank rate (whichever is higher) from the 1st of February, 2017 till the day judgment is given and thereafter at the rate of 21% till the final liquidation of the judgment debt.
c. The cost of this action as assessed by this Honourable Court.
On being served, the Respondents joined issues with the Appellant on the pleadings and via counter-affidavit to the application for summary judgme…