Week 52 12-27-2023
MANAGEMENT MEETING
Duration: 8:30am - 09:16am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ADETAYO OLUKOGA - Ag. Head Asset Creation & Head, Public Sector
AJIBOLA ABDULFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Head, Underwriting
BLESSING YAHAYA - Head, Wealth Management
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
OLUWASEGUN BOLAWOLE - Head, Strategic Partnership
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Coperate Lease
STANLEY MAFUVWE - Head, Asset Remedial Management
OPENING PRAYER
Oluwadamilare Olayinka said the opening prayer
ADOPTION OF MINUTES
Ismail Balogun seconded by Faith Ozegbe adopted the minutes of the last meeting.
ORDER OF PRESENTATION
Asset Creation, Strategic Partnership, Brokers Admin, Co-operate Lease, Treasury, Credit Risk Management
ACTIVITY REPORT (18th - 22nd December, 2023)
Asset Creation Team Report
For the period in review, Transactions disbursed tottals 9M.
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 54.39% (10.6M) of the budget. Risk Asset Transaction Disbursed for the week - NIL, Fresh Fund (RTN) for the Week 2.3M, Reap Fund for the week Nil, Rollover for the week 8M, Liquidation for the week 11M. 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 ZERO . Week 51 experienced a net negative change in cash flow from 300M positive in week 50 to 53M positive. Treasury reported a positive 53M total NetFlow, with 212 million inflows and 159 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 11 transactions and pushed back 1 transaction. The senior underwriters approved 10 transactions and pushed back 5 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 | 51 | Ending | 23-Dec-23 | ||||||
| BAL B/F | WEEK 51 | 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 | 1,458,569,016.84 | 1,000,000.00 | 1,459,569,016.84 | 122,238,527.48 | 1,337,330,489.36 | 4,490,385,379.99 | -70% | 1,975,433,164.88 | -26% |
| Consumer Leases | 4,533,941.97 | 4,533,941.97 | 4,533,941.97 | 94,883,181.29 | -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 | 1,463,102,958.81 | 1,000,000.00 | 1,495,511,858.81 | 122,238,527.48 | 1,373,273,331.33 | 4,585,268,561.28 | -70.05% | 1,994,405,708.03 | -25% |
| Corporate Leases | - | - | 13,125,414.16 | -100% | 0% | ||||
| Operating Leases | 55,000,000.00 | 55,000,000.00 | 55,000,000.00 | 958,016,327.35 | -94% | 157,231,250.00 | -65% | ||
| Business Support Loan/ACL-Corporate | 20,000,000.00 | 20,000,000.00 | 20,000,000.00 | 15,455,803.62 | 29% | 28,000,000.00 | -29% | ||
| Sub-Total | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 986,597,545.13 | -92.40% | 185,231,250.00 | -60% |
| B2C - Products | 1,463,102,958.81 | 1,000,000.00 | 1,464,102,958.81 | 122,238,527.48 | 1,373,273,331.33 | 4,585,268,561.28 | -70% | 1,994,405,708.03 | -27% |
| B2B - Products | 75,000,000.00 | - | 75,000,000.00 | - | 75,000,000.00 | 986,597,545.13 | -92% | 185,231,250.00 | -60% |
| TOTAL FOR LAGOS | 1,538,102,958.81 | 1,000,000.00 | 1,539,102,958.81 | 122,238,527.48 | 1,448,273,331.33 | 5,571,866,106.40 | -74.01% | 2,179,636,958.03 | -29% |
| Cash Backed loan / Credit Card | 36,600,000.00 | 36,600,000.00 | 36,600,000.00 | 131,440,249.00 | -72% | 123,946,044.97 | -70% | ||
| Total Risk Assets & Cash-Backed Loan | 1,574,702,958.81 | 1,000,000.00 | 1,575,702,958.81 | 122,238,527.48 | 1,484,873,331.33 | 5,703,306,355.40 | -73.96% | 2,303,583,003.00 | -32% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 51 | Ending | 23-Dec-23 | ||||||
| BAL B/F | WEEK 51 | 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 | 376,733,067.86 | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,494,658,544.44 | -86% | 779,182,499.97 | -52% | |
| Consumer Leases | - | - | 52,712,878.50 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 376,733,067.86 | - | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,547,371,422.94 | -86% | 779,182,499.97 | -52% |
| Corporate Lease | - | - | 7,291,896.75 | -100% | 0% | ||||
| Operating Leases | - | - | 532,231,292.97 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 8,586,557.57 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 548,109,747.29 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 376,733,067.86 | - | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 2,547,371,422.94 | -86% | 779,182,499.97 | -52% |
| B2B - Products | - | - | - | - | - | 548,109,747.29 | -100% | - | 0% |
| TOTAL FOR ABUJA | 376,733,067.86 | - | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 3,095,481,170.23 | -88% | 779,182,499.97 | -52% |
| Cash Backed loan / Credit Card | - | - | 73,022,360.55 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 376,733,067.86 | - | 376,733,067.86 | 15,481,284.60 | 361,251,783.26 | 3,168,503,530.78 | -89% | 779,182,499.97 | -52% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 51 | Ending | 23-Dec-23 | ||||||
| BAL B/F 2023 | WEEK 51 | 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 | 680,000.00 | 415,421,596.08 | 37,326,394.74 | 378,095,201.34 | 2,993,590,253.34 | -87% | 868,550,800.00 | -52% |
| Consumer Leases | - | - | 63,255,454.19 | -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 | 680,000.00 | 422,571,596.08 | 37,326,394.74 | 385,245,201.34 | 3,056,845,707.52 | -87.40% | 868,550,800.00 | -51% |
| Corporate Leases | - | - | 8,750,276.10 | -100% | 0% | ||||
| Operating Leases | 336,000,250.00 | 336,000,250.00 | 336,000,250.00 | 638,677,551.56 | -47% | 0% | |||
| Business Support Loan/ACL-Corporate | 15,400,000.00 | 15,400,000.00 | 15,400,000.00 | 10,303,869.07 | 49% | 0% | |||
| Sub-Total B 2 B Leases | 351,400,250.00 | 0 | 351,400,250.00 | 0 | 351,400,250.00 | 657,731,696.73 | -46.57% | 0 | 0% |
| - | 0% | ||||||||
| B2C - Products | 421,891,596.08 | 680,000.00 | 422,571,596.08 | 37,326,394.74 | 385,245,201.34 | 3,056,845,707.52 | -87% | 868,550,800.00 | -51% |
| B2B - Products | 351,400,250.00 | - | 351,400,250.00 | - | 351,400,250.00 | 657,731,696.73 | -47% | - | 0% |
| TOTAL FOR PORT HARCOURT | 773,291,846.08 | 680,000.00 | 773,971,846.08 | 37,326,394.74 | 736,645,451.34 | 3,714,577,404.26 | -80.17% | 868,550,800.00 | -11% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 550,000.00 | 550,000.00 | 550,000.00 | 87,626,832.66 | -99% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 773,841,846.08 | 680,000.00 | 774,521,846.08 | 37,326,394.74 | 737,195,451.34 | 3,802,204,236.92 | -80.61% | 868,550,800.00 | -11% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 51 | 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 | 33,799,000.00 | 33,799,000.00 | 33,799,000.00 | 0% | 0% | ||||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 33,799,000.00 | 0 | 33,799,000.00 | 0 | 33,799,000.00 | 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 | 33,799,000.00 | - | 33,799,000.00 | - | 33,799,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 33,799,000.00 | 0 | 33,799,000.00 | 0 | 33,799,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 33,799,000.00 | 0 | 33,799,000.00 | 0 | 33,799,000.00 | 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 | 5,450,000.00 | 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 | 5,450,000.00 | 0 | 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 | 5,450,000.00 | - | 5,450,000.00 | - | 5,450,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 5,450,000.00 | 0 | 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 | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 5,450,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 51 | Ending | 23-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 | -1,338,470,101.41 | 178,940,000.00 | 6,201,512.46 | 172,738,487.54 | 848,076,209.66 | -1,165,731,613.87 | 324,161,658.76 | -2,013,807,823.53 | -460% |
| R-WIN | -7,196,732.57 | 490,170.00 | 1,360,000.00 | -869,830.00 | 18,639,037.58 | -8,066,562.57 | 15,083,376.04 | -26,705,600.15 | -153% |
| REAP PRODUCT | 14,675,482.00 | 1,672,000.00 | 40,000.00 | 1,632,000.00 | 65,236,631.51 | 16,307,482.00 | 3,883,266.24 | -48,929,149.51 | 320% |
| RBIP | - | ||||||||
| TOTAL | -1,330,991,351.98 | 181,102,170.00 | 7,601,512.46 | 173,500,657.54 | 931,951,878.75 | -1,157,490,694.44 | 343,128,301.04 | -2,089,442,573.19 | -437% |
| ABUJA | |||||||||
| TENOR FUND | -3,729,774.94 | 300,000.00 | 12,004,616.95 | -11,704,616.95 | 376,922,759.85 | -15,434,391.89 | 40,189,919.83 | -392,357,151.74 | -138% |
| R-WIN | - | - | 8,284,016.70 | - | -77,705.31 | -8,284,016.70 | -1 | ||
| REAP PRODUCT | -479,879.33 | 5,000.00 | 150,943.74 | -145,943.74 | 28,994,058.45 | -625,823.07 | -59,915.46 | -29,619,881.52 | 945% |
| TOTAL | -4,209,654.27 | 305,000.00 | 12,155,560.69 | -11,850,560.69 | 414,200,835.00 | -16,060,214.96 | 40,052,299.06 | -430,261,049.96 | -140% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | -1,335,201,006.25 | 181,407,170.00 | 19,757,073.15 | 161,650,096.85 | 1,346,152,713.75 | -1,173,550,909.40 | 383,180,600.10 | - | -406% |
| PORT-HARCOURT | |||||||||
| WEEK 51 | |||||||||
| TENOR FUND | 791,025,974.63 | 19,050,000.00 | 150,342,556.52 | -131,292,556.52 | 659,614,829.74 | 659,733,418.11 | 144,204,386.11 | 118,588.37 | 357% |
| R-WIN | 5,775,000.00 | - | 14,497,029.86 | 5,775,000.00 | 349,814.68 | -8,722,029.86 | 1551% | ||
| REAP PRODUCT | 2,717,340.97 | 270,000.00 | 229,723.69 | 40,276.31 | 50,739,601.65 | 2,757,617.28 | 4,259,619.26 | -47,981,984.37 | -35% |
| 799,518,315.60 | 19,320,000.00 | 150,572,280.21 | -131,252,280.21 | 724,851,461.25 | 668,266,035.39 | 148,813,820.05 | -56,585,425.86 | 349% | |
| 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 | -551,173,901.72 | 198,290,000.00 | 168,548,685.93 | 29,741,314.07 | 1,884,613,799.25 | -521,432,587.65 | 508,555,964.70 | -2,406,046,386.90 | -203% |
| R-WIN | -1,421,732.57 | 490,170.00 | 1,360,000.00 | -869,830.00 | 41,420,084.14 | -2,291,562.57 | 15,355,485.41 | -43,711,646.71 | -115% |
| REAP PRODUCT | 16,912,943.64 | 1,947,000.00 | 420,667.43 | 1,526,332.57 | 144,970,291.61 | 18,439,276.21 | 8,082,970.04 | -126,531,015.40 | 128% |
| RBIP | - | - | - | 0% | |||||
| -535,682,690.65 | 200,727,170.00 | 170,329,353.36 | 30,397,816.64 | 2,071,004,175.00 | -505,284,874.01 | 531,994,420.15 | -2,576,289,049.01 | -195% |
MEETING ADJOURNMENT
Adetayo Olukoga seconded by FAith Ozegbe adjourned the meeting
Faith Ozegbe said the closing prayer
No Comments