Week 45 11-06-2023
MANAGEMENT MEETING
Duration: 8:30am - 10:30am
Venue: Virtual Via Google meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
AJA IJI - Branch Head, Abuja
AJIBOLA ABDULFATAI - Asset Creation
ANTHONIA OGBU - Head, Underwriting
EKOMOBONG AKAMAOH - Head, Product Development
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Ag. Head, Communications
HAPPY OSENI - Human Resources
ISMAIL BALOGUN - Account
KELVIN MGBEMELE - Ag. Head, Software
LINDA OTTAH-IJEKEYE - Brokers Admin
MERCY UMA - Wealth Management
NWANNE IKEJI - Asset Creation
OLUSEGUN AKEJU - Portfolio Risk Analyst
OLUWADAMILARE OLAYINKA - Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
PRECIOUS MADUWIKE - Legal
SOPHIA DAGI - Ag Head, Client Experience Management
STANLEY MAFUVWE - Lead, Asset Remedial Management
OPENING PRAYER
Faith Ozegbe said the opening prayer
ADOPTION OF MINUTES
Godfrey Egbuokporo seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Communication, Client Experience Management, Sales Operations, Tele-sales, Asset Creation, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management, Transformation, Legal, Human Resources, Software, and Internal Operations.
ACTIVITY REPORT (30th October – 3rd March, 2023)
Communications Team Report
For the period in review inquiries, Volume decreased by 2.9%. The week recorded a 9.71% increase in engagement on digital Media. Total market audience reaches decreased by 26.96% while followership increased by 1.22%. Google is our highest inquiry-generating channel and personal loan is the most enquired product for the month at 91.8%. The report also captures pending and completed tasks.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 76.4M
Personal Loan Performing the internal Loyalty 3
Team Performance: Telesales: 13.65%, Sales: 86.35%
Product Type Performance: Public – 8.32M(10.89%), Personal Loan - 68.08M (89.11%)
Unit Location Performance: Lagos- 30M, Port Harcourt – 14.5M, Abuja - 11.5M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 10,039,700.00 (24% of the week’s target) at 16 counts with core tele sales and tele sales-cold call team consummating 4,176,000.00 (38% of the week’s target) at 8 counts and 5,863,000.00 (19% of the week’s target) at 5 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are N65.8M. Others are at various transaction stages.
Asset Creation report (Public Sector)
For the period in review, Transactions disbursed are 18.9M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 20.5M (178% 0f the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Brokers Admin Team Report
The week in review shows risk asset transactions disbursed as 2.4M, fresh fund (RTN) as nil, Reap fund as 235K, Rollover as 806K, Liquidation as nil.
Abuja Team Report
The report captures the activities for the period in review, pipelines, and constraints.
Treasury Team Report
For the week in review Executive summary shows the Liquidity Requirement status as BAD. Week 9 experienced a net positive change in cash flow from 1M negative in week 8 to 33M negative. Treasury reported a negative N33 million total NetFlow, with N3 million inflows and 26M outflows.
Credit Risk Management Report
The report shows Core underwriters approved 122 transactions, pushed back 106 transactions, and declined 7 transactions. The senior underwriters approved 88 transactions and pushed back 73 transactions. PDO recovery as 29M at 326 counts (31% of the target). Extended interest recovery as 336K at 15 counts (9% of the target), Provisioned Accounts recovery as 2.6M at 30 counts (86% of the target).
Transformation Team Report
Captures ongoing and completed projects.
Legal Team Report
The report captures the litigation and other tasks for the week in review
Human Resource Team Report
The report shows the activities carried out by the HR Admin, Learning and Development, People and Culture, and HRBP. It also shows completed and ongoing projects for the next month. A total of 42 staff were hired.
Software Team Report
Captures ongoing and completed projects.
Information & Technology Team Report
Captures the ongoing and completed projects
Internal Operations Team Report
Captures the ongoing and completed projects
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F | WEEK 44 | 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 | 1,435,362,016.84 | 800,000.00 | 1,436,162,016.84 | 119,882,457.87 | 1,316,279,558.97 | 3,874,057,974.90 | -66% | 1,959,173,164.88 | -27% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 81,859,999.54 | -94% | 6,472,543.15 | -30% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 0% | |||||
| Sub-Total | 1,439,895,958.81 | 800,000.00 | 1,472,104,858.81 | 119,882,457.87 | 1,352,222,400.94 | 3,955,917,974.44 | -65.82% | 1,965,645,708.03 | -25% |
| Corporate Leases | - | - | 11,323,886.72 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 826,523,890.26 | -93% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 13,334,418.81 | 50% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 851,182,195.79 | -91.19% | 185,231,250.00 | -60% |
| B2C - Products | 1,439,895,958.81 | 800,000.00 | 1,440,695,958.81 | 119,882,457.87 | 1,352,222,400.94 | 3,955,917,974.44 | -66% | 1,965,645,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 851,182,195.79 | -91% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,514,895,958.81 | 800,000.00 | 1,515,695,958.81 | 119,882,457.87 | 1,427,222,400.94 | 4,807,100,170.23 | -70.31% | 2,150,876,958.03 | -30% |
| Cash Backed loan / Credit Card | 19,600,000.00 | 19,600,000.00 | 19,600,000.00 | 113,399,430.51 | -83% | 123,946,044.97 | -84% | ||
| Total Risk Assets & Cash-Backed Loan | 1,534,495,958.81 | 800,000.00 | 1,535,295,958.81 | 119,882,457.87 | 1,446,822,400.94 | 4,920,499,600.74 | -70.60% | 2,274,823,003.00 | -33% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F | WEEK 44 | 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 | 368,448,069.86 | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,152,254,430.50 | -84% | 776,403,500.97 | -53% | |
| Consumer Leases | - | - | 45,477,777.53 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,197,732,208.02 | -84% | 776,403,500.97 | -53% |
| Corporate Lease | - | - | 6,291,048.18 | -100% | 0% | ||||
| Operating Leases | - | - | 459,179,939.04 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 7,408,010.45 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 472,878,997.66 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,197,732,208.02 | -84% | 776,403,500.97 | -53% |
| B2B - Products | - | - | - | - | - | 472,878,997.66 | -100% | - | 0% |
| TOTAL FOR ABUJA | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,670,611,205.69 | -87% | 776,403,500.97 | -53% |
| Cash Backed loan / Credit Card | - | - | 62,999,683.61 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 368,448,069.86 | - | 368,448,069.86 | 15,001,860.60 | 353,446,209.26 | 2,733,610,889.30 | -87% | 776,403,500.97 | -53% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 44 | Ending | 04-Nov-23 | ||||||
| BAL B/F 2023 | WEEK 44 | 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 | 410,509,596.08 | 700,000.00 | 411,209,596.08 | 34,393,081.07 | 376,816,515.01 | 2,582,705,316.60 | -85% | 864,460,800.00 | -52% |
| Consumer Leases | - | - | 54,573,333.02 | -100% | 0% | ||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | 7,150,000.00 | 7,150,000.00 | 7,150,000.00 | 0% | 0% | ||||
| Sub-Total Port Harcourt | 417,659,596.08 | 700,000.00 | 418,359,596.08 | 34,393,081.07 | 383,966,515.01 | 2,637,278,649.63 | -85.44% | 864,460,800.00 | -52% |
| Corporate Leases | - | - | 7,549,257.81 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 551,015,926.84 | -39% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 8,889,612.53 | 73% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 567,454,797.18 | -38.07% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 417,659,596.08 | 700,000.00 | 418,359,596.08 | 34,393,081.07 | 383,966,515.01 | 2,637,278,649.63 | -85% | 864,460,800.00 | -52% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 567,454,797.18 | -38% | - | 0% |
| TOTAL FOR PORT HARCOURT | 769,059,846.08 | 700,000.00 | 769,759,846.08 | 34,393,081.07 | 735,366,765.01 | 3,204,733,446.81 | -77.05% | 864,460,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 75,599,620.33 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 769,609,846.08 | 700,000.00 | 770,309,846.08 | 34,393,081.07 | 735,916,765.01 | 3,280,333,067.14 | -77.57% | 864,460,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 44 | 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 | 32,339,000.00 | 32,339,000.00 | 32,339,000.00 | 0% | 0% | ||||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 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 | 32,339,000.00 | - | 32,339,000.00 | - | 32,339,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 32,339,000.00 | 0 | 32,339,000.00 | 0 | 32,339,000.00 | 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 | 30,725,000.00 | 30,725,000.00 | 30,725,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 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 | 30,725,000.00 | - | 30,725,000.00 | - | 30,725,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 30,725,000.00 | 0 | 30,725,000.00 | 0 | 30,725,000.00 | 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 | 8,120,000.00 | 8,120,000.00 | 8,120,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 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 | 8,120,000.00 | - | 8,120,000.00 | - | 8,120,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 8,120,000.00 | 0 | 0.00% | 0 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | KANO 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 | 5,275,000.00 | 5,275,000.00 | 5,275,000.00 | 0% | 0% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 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 | 5,275,000.00 | - | 5,275,000.00 | - | 5,275,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 5,275,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 44 | Ending | 04-Nov-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 | -1,244,279,980.86 | 43,613,076.99 | 39,083,299.91 | 4,529,777.08 | 731,673,592.65 | -1,239,750,203.78 | 451,364,345.99 | -1,971,423,796.43 | -375% |
| R-WIN | -11,367,411.57 | 625,512.52 | 633,082.99 | -7,570.47 | 16,080,738.30 | -11,374,982.04 | 2,432,205.69 | -27,455,720.34 | -568% |
| REAP PRODUCT | 12,239,493.64 | 2,681,000.00 | 770,000.00 | 1,911,000.00 | 56,282,584.05 | 14,150,493.64 | -1,019,276.73 | -42,132,090.41 | -1488% |
| RBIP | - | ||||||||
| TOTAL | -1,243,407,898.79 | 46,919,589.51 | 40,486,382.90 | 6,433,206.61 | 804,036,915.00 | -1,236,974,692.18 | 452,777,274.95 | -2,041,011,607.18 | -373% |
| ABUJA | |||||||||
| TENOR FUND | -20,136,500.97 | - | 325,188,263.40 | -20,136,500.97 | 40,529,513.50 | -345,324,764.37 | -150% | ||
| R-WIN | - | - | 7,146,994.80 | - | -77,705.31 | -7,146,994.80 | -1 | ||
| REAP PRODUCT | -919,879.33 | - | 25,014,481.80 | -919,879.33 | 48,294.81 | -25,934,361.13 | -2005% | ||
| TOTAL | -21,056,380.30 | - | - | - | 357,349,740.00 | -21,056,380.30 | 40,500,103.00 | -378,406,120.30 | -152% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,264,464,279.09 | 46,919,589.51 | 40,486,382.90 | 6,433,206.61 | 1,161,386,655.00 | -1,258,031,072.48 | 493,277,377.95 | - | -355% |
| PORT-HARCOURT | |||||||||
| WEEK 44 | |||||||||
| TENOR FUND | 394,390,285.60 | 7,000,000.00 | 14,588,917.59 | -7,588,917.59 | 569,079,460.95 | 386,801,368.01 | 5,448,710.08 | -182,278,092.94 | 6999% |
| R-WIN | 1,275,000.00 | - | 12,507,241.45 | 1,275,000.00 | 349,814.68 | -11,232,241.45 | 264% | ||
| REAP PRODUCT | 1,384,483.06 | 825,000.00 | 699,215.66 | 125,784.34 | 43,775,342.60 | 1,510,267.40 | 2,830,603.27 | -42,265,075.20 | -47% |
| 397,049,768.66 | 7,825,000.00 | 15,288,133.25 | -7,463,133.25 | 625,362,045.00 | 389,586,635.41 | 8,629,128.03 | -235,775,409.59 | 4415% | |
| 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 | -870,026,196.23 | 50,613,076.99 | 53,672,217.50 | -3,059,140.51 | 1,625,941,317.00 | -873,085,336.74 | 497,342,569.57 | -2,499,026,653.74 | -276% |
| R-WIN | -10,092,411.57 | 625,512.52 | 633,082.99 | -7,570.47 | 35,734,974.55 | -10,099,982.04 | 2,704,315.06 | -45,834,956.59 | -473% |
| REAP PRODUCT | 12,704,097.37 | 3,506,000.00 | 1,469,215.66 | 2,036,784.34 | 125,072,408.45 | 14,740,881.71 | 1,859,621.35 | -110,331,526.74 | 693% |
| RBIP | - | - | - | 0% | |||||
| -867,414,510.43 | 54,744,589.51 | 55,774,516.15 | -1,029,926.64 | 1,786,748,700.00 | -868,444,437.07 | 501,906,505.98 | -2,655,193,137.07 | -273% |
MEETING ADJOURNMENT
Linda Ottah-Ijekeye seconded by Mercy Uma adjourned the meeting.