FREDERICK OZIAKPONO OHO, J.C.A. (Delivering the Leading Judgment): This is an appeal against the Judgment of Federal High Court sitting at Gusau in the Gusau Judicial Division and presided over by Z. B. ABUBAKAR, J. on the 10th February, 2015 wherein the learned trial judge entered judgment in favour of the 1st Respondent against the Appellants thus:
1. The Appellants are jointly and severally liable to repay the facility in the sum of 396,898,383.31 as at the 24th March, 2014.
2. The sum of N10,000,000.00 to the 1st Respondent against all the Appellants as general damages.
By the 1st Respondents suit commenced via the Originating Summons procedure as Claimant on the 25-10-2014 and filed on the 6-11-2014 against the Appellants as Defendants, the 1st Respondent sought the following reliefs;
1. A Declaration that the Defendants are bound to honour the terms as contained in the duly perfected deed of mortgage debenture executed between the Defendants and the Plaintiff in respect of the facil…