ADAMU JCA (Delivering the Lead Judgment): The appellant (as plaintiff), sued the respondent (as defendant), at the High Court of Justice, Kano, Kano State on 18/11/99 claiming as follows:
“1. The sum of ₦171,452,649.52k (one hundred and seventy -one million, four hundred and fifty two thousand six hundred and forty nine naira, fifty two kobo), being the debit balance in Messrs Rasha Enterprise Limited’s account with the plaintiff as at 18th November, 1999, which was a result of credit facilities granted to Messrs Rasha Enterprises Limited by the plaintiff at the request of Rasha Enterprises AND on personal guarantee of the defendant.
2. The plaintiff also claim interest at the rate of 30% per annum from 18th November, 1999, to the date of judgment and thereafter, interest at the court rate of 10% from the date of judgment until judgment debt is liquidated.
3. The plaintiff further claims the cost of this action. (see paragraph 15 of the statement of claim at pages 51-52 of the recor…