Facts:

Facts:

The claimant filed an action at the Lagos State High Court against the defendants to recover facility granted to the defendants and accrued interest. The claimant filed the action via the summary judgment procedure. The claimant stated that the defendant is indebted to it to the tune of N170,494,439.00 (One Hundred and Seventy Million Four Hundred and Ninety-Four Thousand Four Hundred and Thirty Nine Naira) being the principal loan and accrued interest. The claimant further stated that a letter of demand had been issued and served on the defendants but that the defendants failed or refused to repay the loan or respond to its letter of demand.

The defendants did not defend the action even though they were duly served with the originating processes and hearing notices.