ONYEKACHI A. OTISI, J.C.A.: (Delivering the Leading Judgment): This appeal is against the Ruling of the Akwa Ibom State High Court, sitting at Uyo, delivered on 15/11/2010. The Respondent as plaintiff had filed Suit No HU/468/2009 seeking the following reliefs:
(a) A declaration that the act of the Defendant in purportedly revoking the Local Purchase Order issued to the plaintiff during the continuation of the supply of the sharp sand ordered constitutes a breach of contract;
(b) The sum of seventeen million five hundred and fifty-eight thousand, eight hundred Naira (N17,558,800.00) being the special damages incurred by the Plaintiff in execution of the contract less the part payment made by the Defendant;
(c) Five hundred thousand (N500,000.00) being anticipated profit from the transactions breached by the Defendant;
(d) Fifty million Naira (N50,000,000.00) being general damages for breach of contract.
After commencement of the pre-trial proceedings in this matter, the Appellant as d…