Week 50 12-11-2023
MANAGEMENT MEETING
Duration: 8:30am - 09:55am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ABDULLAHI NAJIMUDEEN - Head, Internal Operations
ADETAYO OLUKOGA - Ag. Head Asset Creation & Head, Public Sector
AJIBOLA ABDULFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Head, Underwriting
BLESSING YAHAYA - Head, Wealth Management
EDNA EJIMAKOR - Branch Head, PortHarcourt
EMMANUEL ONAKOYA - Head, CRM
FAITH OZEGBE - Acting Secretary
GODFREY EGBUOKPORO - Head, Communications
ISMAIL BALOGUN - Account
LINDA OTTAH-IJEKEYE - Lead, Brokers Admin
OLUSEGUN AKEJU - Portfolic Risk Manager
OLUWADAMILARE OLAYINKA - Lead, Transformation
OLUWAFISAYO OMOPARIOLA - Sales Operations & Strategy
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
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
Ismail Balogunseconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Communications, Sales Operations. Telesales, Asset Creation, Strategic Partnership, Brokers Admin, Co-operate Lease, Treasury, Credit Risk Management
ACTIVITY REPORT (4th - 8th November,December, 2023)
Communications Team Report
For the period in review inquiries, The period recorded a 5.7% increase in engagement on digital Media. Total market audience reaches increased by 17.6% while followership decreased by 0.3%.
Sales Operations Team Report
RISK ASSET
Sales YTD - 2.7B
Overall Sales – 40.56M
Sales Proprietorship Business performed the highest
Team Performance: Telesales: 6.16%, Sales: 16.41%, Lease: 77.63%
Product Type Performance: Personal Loan - 9.16M (22.57%), SPBS - 31.41M (77.43%)
Unit Location Performance: Lagos- 34.7M, Abuja - 2.8M, Kano - 1.8M, Anambra - 0.6M, Port Harcourt – 0.6M, Oyo - 0.1M
Tele-sales Team Report
The total amount consummated by the team for the week in review is 0 (0% of the week’s target) at 0 count with core tele sales and tele sales-cold call team consummating 0M 0% of the week’s target) at 0 counts and 0K (0% of the week’s target) at 0 count respectively.
Asset Creation Team Report
For the period in review, Transactions disbursed are 0.
Strategic Partnership Team Report
For the period in review, the total sales achieved is 0 (0% 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 54.44% (10.47M) of the budget. Risk Asset Transaction Disbursed for the week - NIL, Fresh Fund (RTN) for the Week 9.5M, Reap Fund for the week 670K, Rollover for the week Nil, 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 BAD. Week 47 experienced a net negative change in cash flow from 140M positive in week 46 to 32M negative. Treasury reported a negative 32M total NetFlow, with 74 million inflows and 107 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 16 transactions and pushed back 4 transactions. The senior underwriters approved 12 transactions and pushed back 3 transactions. The report also shows the total recovery done for the week.
RISK ASSET GENERATION REPORT
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | LAGOS BRANCH PERFORMANCE | ||||||||
| WEEK | 49 | Ending | 09-Dec-23 | ||||||
| BAL B/F | WEEK 49 | 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 | 1,453,609,016.84 | 550,000.00 | 1,454,159,016.84 | 122,238,527.48 | 1,331,920,489.36 | 4,314,291,835.68 | -69% | 1,975,433,164.88 | -26% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 91,162,272.22 | -95% | 13,972,543.15 | -68% | ||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | 31,408,900.00 | 31,408,900.00 | 31,408,900.00 | 5,000,000.00 | 528% | ||||
| Sub-Total | 1,458,142,958.81 | 550,000.00 | 1,490,101,858.81 | 122,238,527.48 | 1,367,863,331.33 | 4,405,454,107.89 | -68.95% | 1,994,405,708.03 | -25% |
| Corporate Leases | - | - | 12,610,692.03 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 920,447,059.61 | -94% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 14,849,693.67 | 35% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 947,907,445.32 | -92.09% | 185,231,250.00 | -60% |
| B2C - Products | 1,458,142,958.81 | 550,000.00 | 1,458,692,958.81 | 122,238,527.48 | 1,367,863,331.33 | 4,405,454,107.89 | -69% | 1,994,405,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 947,907,445.32 | -92% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,533,142,958.81 | 550,000.00 | 1,533,692,958.81 | 122,238,527.48 | 1,442,863,331.33 | 5,353,361,553.21 | -73.05% | 2,179,636,958.03 | -30% |
| Cash Backed loan / Credit Card | 22,100,000.00 | 12,500,000.00 | 34,600,000.00 | 34,600,000.00 | 126,285,729.43 | -73% | 123,946,044.97 | -72% | |
| Total Risk Assets & Cash-Backed Loan | 1,555,242,958.81 | 13,050,000.00 | 1,568,292,958.81 | 122,238,527.48 | 1,477,463,331.33 | 5,479,647,282.64 | -73.04% | 2,303,583,003.00 | -32% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 49 | Ending | 09-Dec-23 | ||||||
| BAL B/F | WEEK 49 | 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 | 372,533,069.86 | 2,100,000.00 | 374,633,069.86 | 15,481,284.60 | 359,151,785.26 | 2,396,828,797.60 | -85% | 779,182,499.97 | -52% |
| Consumer Leases | - | - | 50,645,706.79 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 372,533,069.86 | 2,100,000.00 | 374,633,069.86 | 15,481,284.60 | 359,151,785.26 | 2,447,474,504.39 | -85% | 779,182,499.97 | -52% |
| Corporate Lease | - | - | 7,005,940.02 | -100% | 0% | ||||
| Operating Leases | - | - | 511,359,477.56 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 8,249,829.82 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 526,615,247.40 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 372,533,069.86 | 2,100,000.00 | 374,633,069.86 | 15,481,284.60 | 359,151,785.26 | 2,447,474,504.39 | -85% | 779,182,499.97 | -52% |
| B2B - Products | - | - | - | - | - | 526,615,247.40 | -100% | - | 0% |
| TOTAL FOR ABUJA | 372,533,069.86 | 2,100,000.00 | 374,633,069.86 | 15,481,284.60 | 359,151,785.26 | 2,974,089,751.79 | -88% | 779,182,499.97 | -52% |
| Cash Backed loan / Credit Card | - | - | 70,158,738.57 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 372,533,069.86 | 2,100,000.00 | 374,633,069.86 | 15,481,284.60 | 359,151,785.26 | 3,044,248,490.36 | -88% | 779,182,499.97 | -52% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 49 | Ending | 09-Dec-23 | ||||||
| BAL B/F 2023 | WEEK 49 | 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 | 414,741,596.08 | 414,741,596.08 | 37,326,394.74 | 377,415,201.34 | 2,876,194,557.13 | -87% | 868,550,800.00 | -52% | |
| Consumer Leases | - | - | 60,774,848.14 | -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 | 421,891,596.08 | 0 | 421,891,596.08 | 37,326,394.74 | 384,565,201.34 | 2,936,969,405.27 | -86.91% | 868,550,800.00 | -51% |
| Corporate Leases | - | - | 8,407,128.02 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 613,631,373.07 | -45% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 9,899,795.77 | 56% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 631,938,296.86 | -44.39% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 421,891,596.08 | - | 421,891,596.08 | 37,326,394.74 | 384,565,201.34 | 2,936,969,405.27 | -87% | 868,550,800.00 | -51% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 631,938,296.86 | -44% | - | 0% |
| TOTAL FOR PORT HARCOURT | 773,291,846.08 | 0 | 773,291,846.08 | 37,326,394.74 | 735,965,451.34 | 3,568,907,702.13 | -79.38% | 868,550,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 84,190,486.28 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 773,841,846.08 | 0 | 773,841,846.08 | 37,326,394.74 | 736,515,451.34 | 3,653,098,188.41 | -79.84% | 868,550,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 49 | 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 | 33,594,000.00 | 33,594,000.00 | 33,594,000.00 | 0% | 0% | ||||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 33,594,000.00 | 0 | 33,594,000.00 | 0 | 33,594,000.00 | 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 | 33,594,000.00 | - | 33,594,000.00 | - | 33,594,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 33,594,000.00 | 0 | 33,594,000.00 | 0 | 33,594,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 33,594,000.00 | 0 | 33,594,000.00 | 0 | 33,594,000.00 | 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 | 30,825,000.00 | 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 | 30,825,000.00 | 0 | 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 | 30,825,000.00 | - | 30,825,000.00 | - | 30,825,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 30,825,000.00 | 0 | 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 | 30,825,000.00 | 0 | 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 | 175,000.00 | 5,450,000.00 | 5,450,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 5,275,000.00 | 175,000.00 | 5,450,000.00 | 0 | 5,450,000.00 | 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 | 175,000.00 | 5,450,000.00 | - | 5,450,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 5,275,000.00 | 175,000.00 | 5,450,000.00 | 0 | 5,450,000.00 | 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 | 175,000.00 | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 49 | Ending | 09-Dec-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 | -1,348,607,676.37 | 30,390,000.00 | 169,466,559.49 | -139,076,559.49 | 814,818,319.09 | -1,487,684,235.86 | 234,199,079.46 | -2,302,502,554.95 | -735% |
| R-WIN | -11,054,691.99 | 2,660,000.00 | 644,707.39 | 2,015,292.61 | 17,908,094.93 | -9,039,399.38 | 6,262,561.10 | -26,947,494.31 | -244% |
| REAP PRODUCT | 12,796,813.96 | 1,540,000.00 | 510,713.73 | 1,029,286.27 | 62,678,332.24 | 13,826,100.23 | 3,715,264.17 | -48,852,232.01 | 272% |
| RBIP | - | ||||||||
| TOTAL | -1,346,865,554.40 | 34,590,000.00 | 170,621,980.61 | -136,031,980.61 | 895,404,746.25 | -1,482,897,535.01 | 244,176,904.73 | -2,378,302,281.26 | -707% |
| ABUJA | |||||||||
| TENOR FUND | -4,436,500.97 | 10,200,000.00 | 10,200,000.00 | 362,141,475.15 | 5,763,499.03 | 40,189,919.83 | -356,377,976.12 | -86% | |
| R-WIN | - | - | 7,959,153.30 | - | -77,705.31 | -7,959,153.30 | -1 | ||
| REAP PRODUCT | -629,879.33 | 150,000.00 | 150,000.00 | 27,857,036.55 | -479,879.33 | 248,294.81 | -28,336,915.88 | -293% | |
| TOTAL | -5,066,380.30 | 10,350,000.00 | - | 10,350,000.00 | 397,957,665.00 | 5,283,619.70 | 40,360,509.33 | -392,674,045.30 | -87% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,351,931,934.70 | 44,940,000.00 | 170,621,980.61 | -125,681,980.61 | 1,293,362,411.25 | -1,477,613,915.31 | 284,537,414.06 | - | -619% |
| PORT-HARCOURT | |||||||||
| WEEK 49 | |||||||||
| TENOR FUND | 707,442,714.76 | 65,300,000.00 | 1,962,626.78 | 63,337,373.22 | 633,747,581.51 | 770,780,087.98 | 141,056,414.64 | 137,032,506.47 | 446% |
| R-WIN | 3,575,000.00 | 2,200,000.00 | 2,200,000.00 | 13,928,518.89 | 5,775,000.00 | 349,814.68 | -8,153,518.89 | 1551% | |
| REAP PRODUCT | 3,165,888.64 | 280,000.00 | 297,888.52 | -17,888.52 | 48,749,813.35 | 3,148,000.12 | 3,738,271.01 | -45,601,813.23 | -16% |
| 714,183,603.40 | 67,780,000.00 | 2,260,515.30 | 65,519,484.70 | 696,425,913.75 | 779,703,088.10 | 145,144,500.33 | 83,277,174.35 | 437% | |
| 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 | -645,601,462.58 | 105,890,000.00 | 171,429,186.27 | -65,539,186.27 | 1,810,707,375.75 | -711,140,648.85 | 415,445,413.93 | -2,521,848,024.60 | -271% |
| R-WIN | -7,479,691.99 | 4,860,000.00 | 644,707.39 | 4,215,292.61 | 39,795,767.11 | -3,264,399.38 | 6,534,670.47 | -43,060,166.49 | -150% |
| REAP PRODUCT | 15,332,823.27 | 1,970,000.00 | 808,602.25 | 1,161,397.75 | 139,285,182.14 | 16,494,221.02 | 7,701,829.99 | -122,790,961.12 | 114% |
| RBIP | - | - | - | 0% | |||||
| -637,748,331.30 | 112,720,000.00 | 172,882,495.91 | -60,162,495.91 | 1,989,788,325.00 | -697,910,827.21 | 429,681,914.39 | -2,687,699,152.21 | -262% |
MEETING ADJOURNMENT
Linda Ottah-Ijekeye seconded by Stanley Mafuwe adjourned the meeting
Stanley Mafuwe said the closing prayer