Week 47 11-20-2023
MANAGEMENT MEETING
Duration: 8:30am - 09:37am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ANTHONIA OGBU - Head, Underwriting
ADETAYO OLUKOGA - Head, Asset Creation Public Sector
CHINEDU UGWU - Legal
EKOMOBONG AMAOWOH - Lead, Product Development
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Head, Communications
ISMAIL BALOGUN - Account
KELVIN MGBEMELE - Ag Software
LINDA OTTAH-IJEKEYE - Lead, Brokers Admin
OLUWADAMILARE OLAYINKA - Lead, Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OMOWALE BELLO - Coperate Lease
SOPHIA DAGI - Head, Telesales & Client Experience Management
STANLEY MAFUVWE - Head, Asset Remedial Management
OPENING PRAYER
Faith Ozegbe said the opening prayer
ADOPTION OF MINUTES
Godfrey Egbuokporo seconded by Blessing Yahaya adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Client Experience Management, Telesales, Asset Creation, Strategic Partnership, Co-operate Lease, Treasury, Credit Risk Management
ACTIVITY REPORT (13th - 14th November, 2023)
Accounts Team Report
For the week in review, Risk asset/Cash-backed loan performance shows Lagos: 6.4M, and Port Harcourt - at 2.5M.
Liability generation Performance Inflow: Lagos - 21.4M, Port Harcourt - 163.6M Outflow: Lagos - 72.4M, Port Harcourt - 13.8M.
Client Experience Management Team Report
For the period in review 483, conversations were recorded. 49.07% from Lagos, 25.88% from Port Harcourt, and 25.05% from Abuja. The conversation breakdown Requests - 26.29%, General Enquiry - 11.18%, Loans - 56.73%, Complaints - 5.80%. and complaints breakdown includes Wrong debit - 57.14%, CRC Issues - 14.29%, Disbursement - 21.43%, and Consumer Petition - 7.14%. All complaints received will be taken up with concerned stakeholders.
Sales Operations and Strategy Team Report
RISK ASSET
Overall Sales – 9.4M
Group Loan - Lagos State plus performed the highest
Team Performance: Telesales: 19.14%, Sales: 80.86%
Product Type Performance: Personal Loan - 7.9M (84.05%), Cash Backed Loan - 1.5M - (15.95%)
Unit Location Performance: Lagos- 6.4M, Port Harcourt – 2.5M, Anambra - 0.3M, Oyo - 0.1M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 1.8M (3% of the week’s target) at 1 count.
Asset Creation Team Report
For the period in review, Transactions disbursed are 2.7M. Others are at various transaction stages.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 7.4M (65% Of the budget). The report also captures the activities, visits, and pending partnerships in the public and private sectors.
Cooperate Lease Team Report
captures transactions in the pipeline (operating lease).
Brokers Admin Team Report
The week in review shows liability generation is 62.51% (68.6M) of the budget. Risk Asset Transaction Disbursed for the week - NIL, Fresh Fund (RTN) for the Week 17M, Reap Fund for the week 20K, Rollover for the week 51.6M, Liquidation for the week Nil. The report also captured Pending RTN transactions.
Wealth Management Team Report
For the week in review, the Executive summary shows the Liquidity Requirement status as CRITICAL. Week 46 experienced a net positive change in cash flow from 76M negative in week 45 to 97M positive. Treasury reported a positive 140M total NetFlow, with 183 million inflows and 43 million outflows.
Credit Risk Management Report
The report shows The report shows Core underwriters approved 12 transactions and pushed back 3 transactions. The senior underwriters approved 17 transactions and pushed back 2 transactions. In the recovery space, total recovery is 10M 27% of the weeks target broken down as PDO recovery: 10M at 72 counts (23% of the target). Extended interest recovery as 347.3K at 29 counts (8% of the target), Provisioned Accounts recovery as 994K at 16 counts (23% of the target).
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 46 | Ending | 18-Nov-23 | ||||||
| BAL B/F | WEEK 46 | 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 | 1,436,162,016.84 | 4,937,000.00 | 1,441,099,016.84 | 121,159,848.54 | 1,319,939,168.30 | 4,050,151,519.21 | -67% | 1,975,433,164.88 | -27% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 85,580,908.61 | -95% | 13,972,543.15 | -68% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 0% | |||||
| Sub-Total | 1,440,695,958.81 | 4,937,000.00 | 1,477,041,858.81 | 121,159,848.54 | 1,355,882,010.27 | 4,135,732,427.82 | -67.22% | 1,989,405,708.03 | -26% |
| Corporate Leases | - | - | 11,838,608.85 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 864,093,158.00 | -94% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 13,940,528.75 | 43% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 889,872,295.60 | -91.57% | 185,231,250.00 | -60% |
| B2C - Products | 1,440,695,958.81 | 4,937,000.00 | 1,445,632,958.81 | 121,159,848.54 | 1,355,882,010.27 | 4,135,732,427.82 | -67% | 1,989,405,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 889,872,295.60 | -92% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,515,695,958.81 | 4,937,000.00 | 1,520,632,958.81 | 121,159,848.54 | 1,430,882,010.27 | 5,025,604,723.42 | -71.53% | 2,174,636,958.03 | -30% |
| Cash Backed loan / Credit Card | 19,600,000.00 | 1,500,000.00 | 21,100,000.00 | 21,100,000.00 | 118,553,950.07 | -82% | 123,946,044.97 | -83% | |
| Total Risk Assets & Cash-Backed Loan | 1,535,295,958.81 | 6,437,000.00 | 1,541,732,958.81 | 121,159,848.54 | 1,451,982,010.27 | 5,144,158,673.50 | -71.77% | 2,298,583,003.00 | -33% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 46 | Ending | 18-Nov-23 | ||||||
| BAL B/F | WEEK 46 | 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 | 15,185,008.50 | 353,263,061.36 | 2,250,084,177.34 | -84% | 779,182,499.97 | -53% | |
| Consumer Leases | - | - | 47,544,949.23 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 368,448,069.86 | - | 368,448,069.86 | 15,185,008.50 | 353,263,061.36 | 2,297,629,126.57 | -85% | 779,182,499.97 | -53% |
| Corporate Lease | - | - | 6,577,004.91 | -100% | 0% | ||||
| Operating Leases | - | - | 480,051,754.45 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 7,744,738.20 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 494,373,497.56 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 368,448,069.86 | - | 368,448,069.86 | 15,185,008.50 | 353,263,061.36 | 2,297,629,126.57 | -85% | 779,182,499.97 | -53% |
| B2B - Products | - | - | - | - | - | 494,373,497.56 | -100% | - | 0% |
| TOTAL FOR ABUJA | 368,448,069.86 | - | 368,448,069.86 | 15,185,008.50 | 353,263,061.36 | 2,792,002,624.13 | -87% | 779,182,499.97 | -53% |
| Cash Backed loan / Credit Card | - | - | 65,863,305.59 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 368,448,069.86 | - | 368,448,069.86 | 15,185,008.50 | 353,263,061.36 | 2,857,865,929.72 | -88% | 779,182,499.97 | -53% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 46 | Ending | 18-Nov-23 | ||||||
| BAL B/F 2023 | WEEK 46 | 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 | 411,209,596.08 | 2,542,000.00 | 413,751,596.08 | 37,326,394.74 | 376,425,201.34 | 2,700,101,012.81 | -86% | 868,550,800.00 | -52% |
| Consumer Leases | - | - | 57,053,939.07 | -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 | 418,359,596.08 | 2,542,000.00 | 420,901,596.08 | 37,326,394.74 | 383,575,201.34 | 2,757,154,951.88 | -86.09% | 868,550,800.00 | -52% |
| Corporate Leases | - | - | 7,892,405.89 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 576,062,105.33 | -42% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 9,293,685.83 | 66% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 593,248,197.05 | -40.77% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 418,359,596.08 | 2,542,000.00 | 420,901,596.08 | 37,326,394.74 | 383,575,201.34 | 2,757,154,951.88 | -86% | 868,550,800.00 | -52% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 593,248,197.05 | -41% | - | 0% |
| TOTAL FOR PORT HARCOURT | 769,759,846.08 | 2,542,000.00 | 772,301,846.08 | 37,326,394.74 | 734,975,451.34 | 3,350,403,148.94 | -78.06% | 868,550,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 79,035,966.71 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 770,309,846.08 | 2,542,000.00 | 772,851,846.08 | 37,326,394.74 | 735,525,451.34 | 3,429,439,115.65 | -78.55% | 868,550,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 46 | 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 | 325,000.00 | 32,664,000.00 | 32,664,000.00 | 0% | 0% | |||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 32,339,000.00 | 325,000.00 | 32,664,000.00 | 0 | 32,664,000.00 | 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 | 325,000.00 | 32,664,000.00 | - | 32,664,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 32,339,000.00 | 325,000.00 | 32,664,000.00 | 0 | 32,664,000.00 | 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 | 325,000.00 | 32,664,000.00 | 0 | 32,664,000.00 | 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 | 100,000.00 | 30,825,000.00 | 30,825,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 30,725,000.00 | 100,000.00 | 30,825,000.00 | 0 | 30,825,000.00 | 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 | 100,000.00 | 30,825,000.00 | - | 30,825,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 30,725,000.00 | 100,000.00 | 30,825,000.00 | 0 | 30,825,000.00 | 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 | 100,000.00 | 30,825,000.00 | 0 | 30,825,000.00 | 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 | 46 | Ending | 18-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 | -1,242,421,910.16 | 18,900,000.00 | 68,382,708.60 | -49,482,708.60 | 764,931,483.23 | -1,291,904,618.76 | 343,152,158.66 | -2,056,836,101.99 | -476% |
| R-WIN | -11,905,008.11 | 1,766,000.00 | 1,055,026.07 | 710,973.93 | 16,811,680.95 | -11,194,034.18 | 3,330,468.47 | -28,005,715.13 | -436% |
| REAP PRODUCT | 14,495,493.64 | 780,000.00 | 3,015,028.85 | -2,235,028.85 | 58,840,883.33 | 12,260,464.79 | 231,714.79 | -46,580,418.54 | 5191% |
| RBIP | - | ||||||||
| TOTAL | -1,239,831,424.63 | 21,446,000.00 | 72,452,763.52 | -51,006,763.52 | 840,584,047.50 | -1,290,838,188.15 | 346,714,341.92 | -2,131,422,235.65 | -472% |
| ABUJA | |||||||||
| TENOR FUND | -20,136,500.97 | - | 339,969,548.10 | -20,136,500.97 | 40,529,513.50 | -360,106,049.07 | -150% | ||
| R-WIN | - | - | 7,471,858.20 | - | -77,705.31 | -7,471,858.20 | -1 | ||
| REAP PRODUCT | -919,879.33 | - | 26,151,503.70 | -919,879.33 | 48,294.81 | -27,071,383.03 | -2005% | ||
| TOTAL | -21,056,380.30 | - | - | - | 373,592,910.00 | -21,056,380.30 | 40,500,103.00 | -394,649,290.30 | -152% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,260,887,804.93 | 21,446,000.00 | 72,452,763.52 | -51,006,763.52 | 1,214,176,957.50 | -1,311,894,568.45 | 387,214,444.92 | - | -439% |
| PORT-HARCOURT | |||||||||
| WEEK 46 | |||||||||
| TENOR FUND | 530,750,039.24 | 163,668,824.66 | 13,798,581.97 | 149,870,242.69 | 594,946,709.18 | 680,620,281.93 | -3,069,955.01 | 85,673,572.76 | -22270% |
| R-WIN | 1,575,000.00 | - | 13,075,752.43 | 1,575,000.00 | 349,814.68 | -11,500,752.43 | 350% | ||
| REAP PRODUCT | 1,560,267.40 | 44,378.76 | -44,378.76 | 45,765,130.90 | 1,515,888.64 | 2,713,271.01 | -44,249,242.26 | -44% | |
| 533,885,306.64 | 163,668,824.66 | 13,842,960.73 | 149,825,863.93 | 653,787,592.50 | 683,711,170.57 | -6,869.32 | 29,923,578.07 | -9953213% | |
| 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 | -731,808,371.89 | 182,568,824.66 | 82,181,290.57 | 100,387,534.09 | 1,699,847,740.50 | -631,420,837.80 | 380,611,717.15 | -2,331,268,578.30 | -266% |
| R-WIN | -10,330,008.11 | 1,766,000.00 | 1,055,026.07 | 710,973.93 | 37,359,291.58 | -9,619,034.18 | 3,602,577.84 | -46,978,325.76 | -367% |
| REAP PRODUCT | 15,135,881.71 | 780,000.00 | 3,059,407.61 | -2,279,407.61 | 130,757,517.93 | 12,856,474.10 | 2,993,280.61 | -117,901,043.83 | 330% |
| RBIP | - | - | - | 0% | |||||
| -727,002,498.29 | 185,114,824.66 | 86,295,724.25 | 98,819,100.41 | 1,867,964,550.00 | -628,183,397.88 | 387,207,575.60 | -2,496,147,947.88 | -262% |
MEETING ADJOURNMENT
Chinedu Ugwu seconded by Faith Ozegbe adjourned the meeting