OGEBE, J.C.A. (Delivering the Leading Judgment): Theplaintiffs/respondents sued the appellant and four others in the High Court of Lagos seeking the following declarations:
"1.A declaration that the agreement made sometime in 1982between the 2nd plaintiff and the 1st and 2nd defendants for the assignment of the unexpired residue of the leasehold interest in the property known as Plot 1164, Saka Tinubu Street, Victoria Island, Lagos covered by certificate of occupancy issued on 10th February, 1983 and registered as No. 84 page 84 in Volume 1982L at the Lagos State of Nigeria Land Registry is valid and subsisting and binding between the parties.
2.An order of specific performance of the agreement made in 1982 between the 2nd plaintiff and 1st and 2nd defendants for the assignment of the unexpired residueof the leasehold interest in the property covered by certificate of occupancy issued on 10th February, 1983 and registered as No. 84 page 84in volume 1982L subsisting and binding between t…