Legalpedia Citation: (2010) Legalpedia (SC) 74169
In the Supreme Court of Nigeria
HOLDEN AT ABUJA
Wed Feb 24, 2010
Suit Number: SC.14/2003
CORAM
KUMAI BAYANG AKA’AHS
PARTIES
SANI ABACHA FOUNDATION FOR PEACE AND UNITY LT. GENERAL J. T. USENI (RTD.) ALAHAJI IDI FARUK ALHAJI MOHAMMED MAKARFI CHIEF IKENNA NDUAGUBA ALHAJI MOHAMMED ABACHA APPELLANTS
RESPONDENTS
AREA(S) OF LAW
SUMMARY OF FACTS
CONTRACTS /RATE OF INTEREST
SUMMARY OF FACTS
The appellant got judgment for debt with interest set at 21% until the payment of the judgment debt. On appeal, the Court of Appeal affirmed the decision but set aside the award of 21% interest. The appellant has further appealed.
HELD
Appeal dismissed
ISSUES
1. Whether the Court of Appeal was right in its finding the ‘There is no iota of evidence adduced by the plaintiff/Respondent in support of the rate of interest pleaded.
RATIONES DECIDENDI
CASES CITED
1. Ekwunife v. Wayne (WA) Ltd. [1989 5 NWLR? (Pt.122) 422
STATUTES REFERRED TO
Not Available.|