Week 17 04-25-2023
MANAGEMENT MEETING
Duration: 8:30am - 11:05am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Asset Creation (Public Sector)
ANIEKAN UDOH - National Channel Manager
ANTHONIA OGBU - Lead, Underwriting
BLESSING YAHAYA - Ag head, Treasury
CHINEDU UGWU - Legal
EMMANUEL ONAKOYA - Head, CRM
EDNA EJIMAKOR - Branch Manager, Port Harcourt
EZINNE UMORZURIKE - Lead, Legal
FIDELIS AZUBUIKE - Head, Software
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Ag. Head, Communications
ISMAIL BALOGUN - Account
ISIMEMEN EBHOMIEN - Account
ITIEKHAO IKPEMINOGENA - General Manager
KEHINDE OYEBADE - Ag. Head Business Operations
KHADIJAH RAJI - Relationship Manager, Corporate Lease
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Strategic Partnership
PETER OJUKWU - Ag, Head, Recovery & Collections
SAMUEL OTTAH - Rep, Product Development
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
OPENING PRAYER
Isimemen Ebhomien said the opening prayer
ADOPTION OF MINUTES
Sophia Dagi seconded by Godfrey Egbuokporo adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Account, Client Experience Management, Sales Operations, Asset Creation, Asset Creation (Public Sector), Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Business Operations, Product Development, and Legal.
ACTIVITY REPORT (17th – 21st April, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash backed loan performance shows Lagos: 82.9M, Abuja - 15M, Port Harcourt - 15.2M. Liability generation Performance Inflow: Lagos - 153.3M, Port Harcourt - 28.2M, Outflow: Lagos - 18.7M, Port Harcourt - 541.2K, Abuja - 6.1M
Client Experience Management Team Report
For the period in review 877, conversations were recorded. 43.18% from Lagos, 29.62% from Port Harcourt, and 27.22% from Abuja. The Channels of communication breakdown: WhatsApp @21.77%, Facebook @46.55% Phone @17.89%, Walk-in @12.07%, Twitter @1.08%, Instagram @0.65%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 121.24M
Internal Loyalty 3 plus performing the highest
Team Performance: Client Experience: 0.16%, Telesales: 36.92%, Sales: 62.91%
Product Type Performance: Public – 12.13M (10%), Personal Loan - 109.11M (90%).
Unit Location Performance: Lagos- 82.9M, Abuja - 15.1M, Port Harcourt – 14.8M, Anambra - 4.0M. Oyo - 3.0M, Rivers - 0.4M, Ondo - 0.4M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 49.6M (95% of the week’s target) at 21 counts with core tele sales and tele sales-cold call team consummating 8.7M (79% of the week’s target) at 8 counts and 40.8M (100% of the week’s target) at 13 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 72.8M. Others are at various transaction stages.
Asset Creation Report (Public Sector)
For the period in review, Transactions disbursed are 36M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 7.9M (69% 0f the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Cooperate Lease Team Report
shows all transactions of the existing operating lease clients and their outstanding payments. The report also captures transactions in the pipeline (operating lease).
Treasury Team Report
For the week in review Executive summary shows the Liquidity Requirement status as BAD. Week 16 experienced a net positive change in cash flow from 40M negative in week 15 to 69M positive.
Credit Risk Management Report
The report shows Core underwriters approved 257 transactions and pushed back 177 transactions. The senior underwriters approved 115 transactions and pushed back 86 transactions. The report also shows the recovery for the period in review.
Business Operations Team Report
Captures ongoing and completed projects.
Legal Team Report
The report captures the litigation and other tasks for the week in review.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F | WEEK 16 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 685,099,987.84 | 82,931,000.00 | 768,030,987.84 | 33,476,350.00 | 734,554,637.84 | 1,408,748,354.51 | -48% | 534,758,371.27 | 44% |
| Consumer Leases | 951,141.97 | 951,141.97 | 951,141.97 | 29,767,272.56 | -97% | 1,049,188.15 | -9% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 686,051,129.81 | 82,931,000.00 | 768,982,129.81 | 33,476,350.00 | 735,505,779.81 | 1,438,515,627.07 | -48.87% | 535,807,559.42 | 44% |
| Corporate Leases | - | - | 4,117,776.99 | -100% | 0% | ||||
| Operating Leases | - | - | 300,554,141.91 | -100% | 25,531,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | 13,582,800.00 | - | 13,582,800.00 | 13,582,800.00 | 4,848,879.57 | 180% | 5,000,000.00 | 172% | |
| Sub-Total | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 309,520,798.47 | -95.61% | 30,531,250.00 | -56% |
| B2C - Products | 686,051,129.81 | 82,931,000.00 | 768,982,129.81 | 33,476,350.00 | 735,505,779.81 | 1,438,515,627.07 | -49% | 535,807,559.42 | 44% |
| B2B - Products | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 309,520,798.47 | -96% | 30,531,250.00 | -56% |
| TOTAL FOR LAGOS | 699,633,929.81 | 82,931,000.00 | 782,564,929.81 | 33,476,350.00 | 749,088,579.81 | 1,748,036,425.54 | -57.15% | 566,338,809.42 | 38% |
| Cash Backed loan / Credit Card | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 41,236,156.55 | -98% | 34,150,000.00 | -97% | ||
| Total Risk Assets & Cash-Backed Loan | 700,633,929.81 | 82,931,000.00 | 783,564,929.81 | 33,476,350.00 | 750,088,579.81 | 1,789,272,582.09 | -58.08% | 600,488,809.42 | 30% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F | WEEK 16 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2023 vs 2022 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 782,637,974.73 | -72% | 186,167,098.99 | 18% |
| Consumer Leases | - | - | 16,537,373.65 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 799,175,348.37 | -73% | 186,167,098.99 | 18% |
| Corporate Lease | - | - | 2,287,653.88 | -100% | 0% | ||||
| Operating Leases | - | - | 166,974,523.29 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 2,693,821.98 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 171,955,999.15 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 799,175,348.37 | -73% | 186,167,098.99 | 18% |
| B2B - Products | - | - | - | - | - | 171,955,999.15 | -100% | - | 0% |
| TOTAL FOR ABUJA | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 971,131,347.52 | -78% | 186,167,098.99 | 18% |
| Cash Backed loan / Credit Card | - | - | 22,908,975.86 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 204,298,297.00 | 15,072,000.00 | 219,370,297.00 | 1,516,555.61 | 217,853,741.39 | 994,040,323.38 | -78% | 186,167,098.99 | 18% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| BAL B/F 2023 | WEEK 16 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 939,165,569.67 | -80% | 248,614,000.00 | -19% |
| Consumer Leases | - | - | 19,844,848.37 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 959,010,418.05 | -80.33% | 248,614,000.00 | -19% |
| Corporate Leases | - | - | 2,745,184.66 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 200,369,427.94 | 68% | 0% | |||
| Business Support Loan/ACL-Corporate | - | - | 3,232,586.38 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 336,000,250.00 | 0 | 336,000,250.00 | 0 | 336,000,250.00 | 206,347,198.98 | 62.83% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 185,390,863.40 | 15,278,000.00 | 200,668,863.40 | 11,984,291.39 | 188,684,572.01 | 959,010,418.05 | -80% | 248,614,000.00 | -19% |
| B2B - Products | 336,000,250.00 | - | 336,000,250.00 | - | 336,000,250.00 | 206,347,198.98 | 63% | - | 0% |
| TOTAL FOR PORT HARCOURT | 521,391,113.40 | 15,278,000.00 | 536,669,113.40 | 11,984,291.39 | 524,684,822.01 | 1,165,357,617.02 | -54.98% | 248,614,000.00 | 116% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 27,490,771.03 | -100% | 0 | 0% | |||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 521,391,113.40 | 15,278,000.00 | 536,669,113.40 | 11,984,291.39 | 524,684,822.01 | 1,192,848,388.05 | -56.01% | 248,614,000.00 | 116% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 16 | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 8,468,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | - | 0% | 0% | |||||
| Operating Leases | - | - | 0% | 0% | |||||
| Business Support Loan/ACL-Corporate | - | - | 0% | 0% | |||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | - | 8,468,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,494,000.00 | 3,974,000.00 | 8,468,000.00 | 0 | 8,468,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 8,005,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | - | 8,005,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 4,370,000.00 | 3,635,000.00 | 8,005,000.00 | 0 | 8,005,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2022 |
||||||
| BAL B/F 2023 | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2022 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2023 | 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan | 350,000.00 | 350,000.00 | 350,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| Corporate Leases | - | 0% | 0% | ||||||
| Operating Leases | - | 0% | 0% | ||||||
| Business Support Loan/ACL-Corporate | - | 0% | 0% | ||||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | - | 350,000.00 | 350,000.00 | - | 350,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 350,000.00 | 350,000.00 | 0 | 350,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | CONSOLIDATED BRANCH PERFORMANCE | ||||||||
| CONSOLIDATED | BAL B/F 2023 | WEEK 16 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2023 | NET PERFORMANCE 2023 | CUMULATIVE 2023 BUDGET | BUDGET VARIANCE YEAR TO DATE 2022 |
PERFORMANCE YEAR TO DATE 2022 |
% CHANGE BETWEEN 2023 & 2022 |
| Personal Loan | 1,083,653,148.24 | 121,240,000.00 | 1,204,893,148.24 | 46,977,197.00 | 1,157,915,951.24 | 3,130,551,898.91 | -63% | 969,539,470.26 | 24% |
| Cash Backed loan / Credit Card | 1,000,000.00 | - | 1,000,000.00 | - | 1,000,000.00 | 91,635,903.44 | -99% | 34,150,000.00 | -97% |
| Consumer Leases | 951,141.97 | - | 951,141.97 | - | 951,141.97 | 66,149,494.58 | -99% | 1,049,188.15 | -9% |
| Asset Cash Loan | - | - | - | - | - | 0% | - | 0% | |
| SPBS | - | - | - | - | - | 0% | - | 0% | |
| Business Support Loan/ACL-Corporate | 13,582,800.00 | - | 13,582,800.00 | - | 13,582,800.00 | 10,775,287.92 | 26% | 5,000,000.00 | 172% |
| Corporate Leases | - | - | - | - | - | 9,150,615.53 | -100% | - | 0% |
| Operating Leases | 336,000,250.00 | - | 336,000,250.00 | - | 336,000,250.00 | 667,898,093.14 | -50% | 25,531,250.00 | 1216% |
| Total Risk Assets & Cash-Backed Loan | 1,435,187,340.21 | 121,240,000.00 | 1,556,427,340.21 | 46,977,197.00 | 1,509,450,143.21 | 3,976,161,293.52 | -62.04% | 1,035,269,908.41 | 50.34% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 16 | Ending | 22-Apr-23 | ||||||
| LAGOS | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| 2023 | 2023 | 2023 | 2023 | 2023 | 2022 | 2022 | |||
| TENOR FUND | -107,752,211.18 | 152,500,000.00 | 18,155,439.50 | 134,344,560.50 | 266,063,124.60 | 26,592,349.32 | 430,006,802.20 | -239,470,775.28 | -94% |
| R-WIN | -11,063,524.81 | 255,000.00 | 540,000.00 | -285,000.00 | 5,847,541.20 | -11,348,524.81 | -9,604,018.31 | -17,196,066.01 | 18% |
| REAP PRODUCT | -3,095,522.96 | 570,000.00 | 20,000.00 | 550,000.00 | 20,466,394.20 | -2,545,522.96 | 1,662,723.33 | -23,011,917.16 | -253% |
| RBIP | - | ||||||||
| TOTAL | -121,911,258.95 | 153,325,000.00 | 18,715,439.50 | 134,609,560.50 | 292,377,060.00 | 12,698,301.55 | 422,065,507.22 | -279,678,758.45 | -97% |
| ABUJA | |||||||||
| TENOR FUND | 28,934,089.38 | 45,830,675.39 | -45,830,675.39 | 118,250,277.60 | -16,896,586.01 | 45,813.50 | -135,146,863.61 | -36981% | |
| R-WIN | - | - | 2,598,907.20 | - | - | -2,598,907.20 | - | ||
| REAP PRODUCT | -351,683.61 | - | 9,096,175.20 | -351,683.61 | -72,366.87 | -9,447,858.81 | 386% | ||
| TOTAL | 28,582,405.77 | - | 45,830,675.39 | -45,830,675.39 | 129,945,360.00 | -17,248,269.62 | -26,553.37 | -147,193,629.62 | 64857% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -93,328,853.18 | 153,325,000.00 | 64,546,114.89 | 88,778,885.11 | 422,322,420.00 | -4,549,968.07 | 422,038,953.85 | - | -101% |
| PORT-HARCOURT | |||||||||
| WEEK 16 | |||||||||
| TENOR FUND | 385,266,425.03 | 28,000,000.00 | 5,621,888.97 | 22,378,111.03 | 206,937,985.80 | 407,644,536.06 | -2,120,424.67 | 200,706,550.26 | -19325% |
| R-WIN | 280,000.00 | - | 4,548,087.80 | 280,000.00 | 229,417.68 | -4,268,087.80 | 22% | ||
| REAP PRODUCT | 1,096,990.29 | 200,000.00 | 508,285.02 | -308,285.02 | 15,918,306.40 | 788,705.27 | 1,081,527.66 | -15,129,601.13 | -27% |
| 386,643,415.32 | 28,200,000.00 | 6,130,173.99 | 22,069,826.01 | 227,404,380.00 | 408,713,241.33 | -809,479.33 | 181,308,861.33 | -50591% | |
| CONSOLIDATED | BAL B/F | INFLOW | OUTFLOW | NET FLOW | CUM BUDGET YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
BUDGET VARIANCE YEAR TO DATE |
% CHANGE BETWEEN 2023 & 2022 (ACTUAL) |
| TENOR FUND | 306,448,303.23 | 180,500,000.00 | 69,608,003.86 | 110,891,996.14 | 591,251,388.00 | 417,340,299.37 | 427,932,191.03 | -173,911,088.63 | -2% |
| R-WIN | -10,783,524.81 | 255,000.00 | 540,000.00 | -285,000.00 | 12,994,536.20 | -11,068,524.81 | -9,374,600.63 | -24,063,061.01 | 18% |
| REAP PRODUCT | -2,350,216.28 | 770,000.00 | 528,285.02 | 241,714.98 | 45,480,875.80 | -2,108,501.30 | 2,671,884.12 | -47,589,377.10 | -179% |
| RBIP | - | - | - | 0% | |||||
| 293,314,562.14 | 181,525,000.00 | 70,676,288.88 | 110,848,711.12 | 649,726,800.00 | 404,163,273.26 | 421,229,474.52 | -245,563,526.74 | -4% |
MEETING ADJOURNMENT
Godfrey Egbuokporo said the closing prayers
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