The Affidavit of Net Worth is a crucial legal instrument in Nigerian jurisdiction that provides a comprehensive snapshot of an individual's financial status. It is commonly required in various situations including divorce proceedings, loan applications, regulatory compliance, asset declarations for public officials, and commercial transactions. The document includes detailed information about the deponent's assets (both within and outside Nigeria), liabilities, income sources, and regular expenses. This sworn statement must be executed in accordance with Nigerian law, particularly the Evidence Act and Oaths Act, and requires authentication by a Commissioner for Oaths or other authorized official. The Affidavit of Net Worth serves as a legally binding declaration and may be used by courts, financial institutions, and regulatory bodies to verify an individual's financial position.
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1. Opening Declaration: Formal opening stating the deponent's name, address, occupation, and declaration of oath
2. Personal Information: Detailed information about the deponent including full name, date of birth, residential address, occupation, and employment details
3. Income Information: Comprehensive breakdown of all sources of income including salary, business income, investments, and other revenue streams
4. Real Estate Assets: Details of all real property owned, including locations, purchase prices, current market values, and ownership status
5. Personal Property: List of valuable personal property including vehicles, jewelry, artwork, and other significant items
6. Bank Accounts: Details of all bank accounts, including account numbers, banks, types, and current balances
7. Investments: List of all investments including stocks, bonds, mutual funds, and other financial instruments
8. Liabilities: Comprehensive list of all debts and obligations including mortgages, loans, and credit card debts
9. Monthly Expenses: Detailed breakdown of regular monthly expenses and financial obligations
10. Verification Statement: Final declaration confirming the truth and accuracy of the information provided
1. Business Interests: Section detailing ownership in businesses or companies, used when the deponent has business holdings
2. Trust Interests: Information about any trust funds where the deponent is either trustee or beneficiary
3. Pending Claims: Details of any pending lawsuits, insurance claims, or inheritances that may affect net worth
4. Foreign Assets: Declaration of assets held outside Nigeria, when applicable
5. Contingent Liabilities: Information about potential future obligations or guarantees provided
6. Dependent Information: Details about dependents and related financial obligations, if applicable
1. Schedule A - Real Estate Details: Detailed breakdown of each real estate property including deed information, mortgages, and rental income
2. Schedule B - Vehicle Information: Detailed list of vehicles including registration numbers, purchase dates, and current values
3. Schedule C - Investment Portfolio: Detailed breakdown of investment holdings including certificate numbers and current market values
4. Schedule D - Business Valuations: Professional valuations of business interests and supporting documentation
5. Schedule E - Bank Statements: Recent bank statements supporting declared account balances
6. Appendix 1 - Supporting Documents: Copies of relevant documentation including property deeds, vehicle registration, and investment certificates
7. Appendix 2 - Valuation Reports: Professional valuation reports for significant assets
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