HON. JUSTICE A.A. ADEWEMIMO(delivering the judgment of the court)The claimant by a complaint on the 18th February, 2019 instituted this action against the defendants wherein he claimed against the defendants as follows:
(a) AN ORDER of this Honourable Court directing the Defendants to immediately/forthwith pay to the claimant the sum of N5,765,944.16 (Five Million, Seven Hundred and Sixty Five Thousand, Nine Hundred and Forty Four Naira, Sixteen Kobo) only being the acknowledged indebtedness of the Defendants to the Claimant.
(b) AN ORDER of this Honourable Court directing the payment of interests on the acknowledged indebtedness of the Sum of N5,765,944.16 at the rate of 21% per annum from 3rd October, 2018 until judgment is given and at the rate of 10% per annum until full and final liquidation.
(c) ORDER of this Honourable Court directing the payment of the Sum of N1,000,000.00 only being the costs of this action which includes the solicitor’s fees, the cost of filing the action, tran…