The Affidavit of Payment is a crucial legal document in Nigerian business and legal practice, used when formal verification of payment is required. This sworn statement, executed under oath, provides official confirmation of financial transactions and is commonly used in various situations such as proving payment in court proceedings, verifying business transactions, confirming settlement of debts, or documenting financial obligations. The document must comply with Nigerian federal legislation, including the Evidence Act 2011 and the Oaths Act, and requires authentication by a Commissioner for Oaths or Notary Public. It typically includes comprehensive payment details, supporting documentation, and the deponent's sworn statement regarding the truth of the information provided. The Affidavit of Payment serves as strong evidence in legal proceedings and business matters, offering a higher level of credibility than ordinary payment receipts or informal confirmations.
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1. Title and Heading: Specifies the type of affidavit, court details (if applicable), and case number (if relevant)
2. Deponent Information: Full details of the person making the affidavit including full name, occupation, address, and age
3. Authority Statement: Statement establishing the deponent's authority to make the declaration (e.g., position in company, relationship to payment)
4. Payment Details: Specific details about the payment(s) including amount, date, method, recipient, and purpose
5. Verification Statement: Standard declaration that the contents are true and correct to the best of the deponent's knowledge
6. Jurat/Attestation Clause: Official closing statement including date, location of sworn statement, and commissioner for oaths' details
1. Supporting Facts: Additional background information or context about the payment, used when the payment circumstances require explanation
2. Third Party Confirmation: Statement confirming receipt or acknowledgment from the payment recipient, included when available
3. Related Transactions: Details of other relevant financial transactions or payments, included when there are multiple related payments
4. Legal Notice: Special legal notices or warnings, included when required by specific circumstances or court requirements
1. Payment Evidence: Copies of payment receipts, bank statements, or transfer confirmations
2. Identity Documents: Copies of deponent's identification documents
3. Authorization Documents: Documents proving deponent's authority (e.g., power of attorney, board resolution)
4. Related Correspondence: Relevant emails, letters, or other communications regarding the payment
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Construction
Legal Services
Government and Public Sector
Manufacturing
Retail and Commerce
Import/Export
Professional Services
Education
Healthcare
Telecommunications
Relevant Teams
Legal
Finance
Accounts Payable
Treasury
Compliance
Corporate Secretariat
Administration
Risk Management
Procurement
Corporate Affairs
Relevant Roles
Chief Financial Officer
Finance Manager
Accounts Payable Manager
Legal Counsel
Compliance Officer
Company Secretary
Treasury Manager
Financial Controller
Business Operations Manager
Procurement Manager
Credit Controller
Administrative Officer
Legal Administrator
Risk Manager
Corporate Affairs Manager
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