THE IWARO YUSUFU ORENOLU FAMILY

We the representatives of the above family agree to the disbursement of the proceeds
of sale of our family land situate, lying and being along Ejinrin Road, Irangun via Igbile
Ijebu,Odogbolu Local Government Area, Ogun State as follows:

1. Total number of Acres available = 17 Acres

2. Amount per Acre = N 2, 100, 000:00
3. Total proceeds expected = N35, 700, 000:00
4. Initial deposit paid = N15, 000, 000:00
5. Balance expected = N20, 700, 000:00

DEDUCTIONS AS PER INITIAL DEPOSIT

1. Agency loading per Acre(N100, 000:00) = N 700, 000:00

2. Agency Commission @ 5% = N 750, 000:00
3. Surveyor’s professional fee = N 400, 000:00
4. Lawyer’s professional fee = N 750, 000:00
Total = N 2, 600, 000:00

EQUAL DISTRIBUTION/SHARING OF THE BALANCE

OF N12, 400, 000:00 AMONG THE FOUR GROUPS OF THE FAMILY

1. I, Mr. Musafau Oseni Yusufu received the sum of N3.1 Million only for myself
and on behalf of Yusufu Group.
_______________________
MR. MUSAFAU OSENI YUSUFU
2. I, Mr. Yekinni Hassan received the sum of N3.1 Million only for myself and on
behalf of Soji Iwaro (a.k.a. Baba Alaso) Group.
_______________________
MR. YEKINNI HASSAN
3. I, Mr. Kamilu Olalekan Adanlawo received the sum of N3.1 Million only for
myself and on behalf of Totunwa Group.
_______________________
MR. KAMILU OLALEKAN ADANLAWO
4. I, Mr. Taiwo Modiu Orenolu received the sum of N3.1 Million only for myself
and on behalf of Sekinatu Group.
___________________________
MR. TAIWO MODIU ORENOLU
Dated this .......... day of December, 2023.

IN THE PRESENCE OF:

NAME: MR. TAIWO YUSUFU,
ADDRESS: No. 6, Aluko Quarters, Ala-Ijebu. ________________
OCCUPATION: Plumber. WITNESS