Irrevocable Power of Attorney
IRREVOCABLE POWER OF ATTORNEY
Donated by:
ADYRE ESSENCE LTD
(DONOR)
TO
IDO FIDELIS EGAZI
(DONEE)
Prepared By:
NKANU EBENEZER (ESQ)
Bavis House,
No.19 Gwani Street,
Wuse Zone 4, Abuja-.
THIS POWER OF ATTORNEY is made this 27th DAY OF February
2025,
BETWEEN
ADYRE ESSENCE LTD, a company registered under the laws of the Federal
Republic of Nigeria, of 1, C. J Okpara Close. Off Ada George Road, PortHarcourt, Nigeria (Herein referred to as ‘THE DONOR’) which expression shall
wherever the context so admits include their successors-in-title, assigns and
receivers of the FIRST PART.
In favour of and/or donated to:
MR. IDO FIDELIS EGAZI, of 1 Cele 3 Araromi RD Oke Ogbe Oko Afo,
Badagry, Lagos State (Hereinafter referred to as “THE DONNEE”) which
expression shall wherever the context so admits include its successors-in-title,
assigns and receivers of the SECOND PART.
WHEREAS:
1. The Donor is the beneficial owner of all that parcel of land
measuring in area approximately- Square metres, situate,
lying, and being the Plot 4 in ten families of Akai Land, along MCC
Road, Calabar Municipal Local Government Area of Cross River
State and particularly delineated in survey plan no. ZAP/6573A/07 and
thereon shown to be bounded by seven survey pillars-Nos. SC/CR3840A;
SC/CRA5179C; SEE8271; CR3839A; SC/CRA9967F; SEE8722 and
SC/CRA9968F (The Property).
2. The said Plot 4, situate, lying, and being the Plot 4 in ten families of
Akai Land, along MCC Road, Calabar Municipal Local Government
Area of Cross River State was acquired by the Donor vide a Deed of
Conveyance and transfer of Right of Occupancy dated the 17th day of
September 2007 executed by and between the Donor and Rev. Offiong
Nsemo and Ushie Offiong Nsemo (MR.), who came into possession by
partition/inheritance of family land.
3. The Donor is desirous of passing/transferring his remaining
interest in the property to the Donee.
4. The Donee is desirous of accepting the remaining interest of
the Donor in the property.
5. This Irrevocable Power of Attorney now evidences the transfer
of the entire interest in the property from the Donor to the
Donee.
NOW THEREFORE, by this Power of Attorney ADYRE ESSENCE
LTD do hereby appoint MR. IDO FIDELIS EGAZI as our true and
lawful Attorney, and in our name and on our behalf, to do and
execute any or all acts and things following, namely:
1. To sell, convey, or transfer my interest in the property.
2. Execute deeds, mortgages or other instruments related to the
property.
3. Manage and collect rents or income from the property.
4. Pay expenses and liabilities related to the property.
5. Make decisions regarding property maintenance and repairs.
6. Mortgage or encumber the property without my prior written
consent.
7. Make gifts or transfers of my interest in the property.
8. Use my interest in the property for personal benefit.
9. Specifically, to do any act, matter or thing which the Attorney
shall consider necessary or expedient toward the realization of
the purpose or act herein before deemed authorized in the
same manner and fully effectually in all respect as THE
DONOR could have done if physically required or present.
IT IS ALSO DECLARED that the Attorney may do all that is
incidental to the power already listed.
3.We HEREBY DECLARE that this Power of Attorney is
IRREVOCABLE and we undertake at all times to ratify and confirm
(if any, when necessary) all and sundry the lawful acts of the
ATTORNEY, executed by him by virtue of this POWER OF
ATTORNEY.
1. ACKNOWLEDGMENT:
We acknowledge that we have read and understood this Power of
Attorney and that we are granting these powers voluntarily.
IN WITNESS WHEREOF THE PARTIES HAVE SET THEIR
HANDS AND SEALS THE DAY AND YEAR FIRST ABOVE
WRITTEN.
SIGNED, SEALED AND DELIVERED
By the within-named DONOR
ADYRE ESSENCE LTD HAS CAUSED ITS COMMON SEAL TO BE TO
THIS CONTRACT OF SALE BELOW THE DATE AND YEAR
AFFIXED FIRST WRITTEN ABOVE.
______________
_____________
Director
Director.
SIGNED, SEALED AND DELIVERED
By the within-named DONEE
MR. IDO FIDELIS EGAZI
___________________________
IN THE PRESENCE OF:
NAME: ...............................................................
ADDRESS: ...............................................................
SIGNATURE: ............................................................
BEFORE ME
COMMISSIONER OF OATH / NOTARY PUBLIC.