Week 21 05-20-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:17am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ADETAYO OLUKOGA - Asset Creation
AJIBOLA ABDILFATAI - Portfolio Risk Officer
ANTHONIA OGBU - Lead, Underwriting
CHIMA AGU - Ag, Lead Client Experience Management
CHINEDU UGWU - Legal
EDNA EJIMAKOR - Branch Head, Port-Harcourt
EMMANUEL ONAKOYA - Lead, CRM
GODFREY EGBUOKPORO - Lead, Communications
FAITH OZEGBE - Acting Secretary
ISIMEMEN EBHOMIEN - Accounts
ITIEKHAO IKPEMINOGENA - General Manager
KHADIJAH RAJI - Relationship Manager, Corporate Lease
LINDA OTTAH-IJEKEYE - Brokers Admin
LOLO YOUNG-HARRY - Sales
OLUWADAMILARE OLAYINKA - lead, Transformation
OLUWAFEMI SIYANBOLA - Sales
OLUWATONI LAWAL - Lead, Telesales
OLUWOLE EWEJOBI - Head, Information Technology
OMOWALE BELLO - Cooperate Lease
OWOICHO AGADA - Product Development
PETER OJUKWU - Asset Remedial
SAMUEL OTTAH - Product Development
SOPHIA DAGI - Deputy National Channel Manager
STANLEY MAFUVWE - Lead, Asset Remedial Management
TAIWO AJAGUNSEGUN - Business Operations
Owoicho Agada said the opening prayer
MINUTE ADOPTION
Linda Ottah-Ijekeye seconded by Faith Ozegbe
ORDER OF PRESENTATION
Account, Client Experience, Tele sales, Asset Creation, Corporate Lease, Port Harcourt, Wealth Management, Credit Risk Management, Product Development, Business Operations, Transformation, Legal, Information Technology, and Internal Operations.
ACTIVITY REPORT (13th – 17th May, 2024)
Account Team Report
The report shows the Asset Creation and Liability Generation for the period under review
Client Experience Management Team Report
For the period in review, 302 inquiries were recorded, 79.47% - Lagos, 3.64% - Port Harcourt, and 16.88% - Abuja. The complaint breakdown: Wrong debit @ 61.11%, CRC issues @19.44%, Disbursement @ 16.67%,Double debit @ 2.78%. All complaints received will be taken up with the concerned stakeholders
Tele-sales Team Report
The total amount consummated by the team for the week in review is 23.6M with the core telesales and customer retention team consummating 21.7M (217% of the week’s target) at 3 counts and 19M (7% of the week’s target) at 2 count respectively.
Asset Creation report
For the period in review, Transactions disbursed are 102.1M.
Brokers Admin Team Report
The week in review shows liability generation is 13.83% (11.9M) of the budget. Risk Asset Transaction Disbursed for the week 1.3M, Fresh Fund (RTN) for the Week 6M, Reap Fund for the week 60K, Rollover for the week 5.9M, Liquidation for the week 1M. The report also captured Pending RTN transactions.
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).
Wealth Management Team Report
For the week in review Executive summary shows the Liquidity Requirement status as FAIR (53%). Week 20 experienced a net negative change in cash flow from 119M positive in week 19 to 19M positive. Wealth Management reported a positive 19M total NetFlow, with 250 million inflows and 231 million outflows.
Credit Risk Management Report
The report shows Core underwriters approved 110 transactions and pushed back 44 transactions. The senior underwriters approved 108 transactions and pushed back 19. In the recovery space, the total recovery is 13M (35.80%) broken down as PDO is 9.1M (19.47% of the target). Extended interest recovery as 2.9M at 55 counts (26% of the target), Provisioned Accounts recovery as 1.6M at 29 counts (24% of the target).
Product Development Team Report
Captures ongoing and completed projects.
Business Development 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 | 20 | Ending | 18-May-24 | ||||||
| BAL B/F | WEEK 20 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 529,201,382.00 | 72,610,000.00 | 601,811,382.00 | - | 601,811,382.00 | 1,764,356,611.61 | -66% | 914,257,487.84 | -34% |
| Consumer Leases | - | - | 7,556,307.65 | -100% | 4,533,941.97 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 529,201,382.00 | 72,610,000.00 | 601,811,382.00 | - | 601,811,382.00 | 1,771,912,919.26 | -66.04% | 918,791,429.81 | -34% |
| Corporate Leases | 92,125,000.00 | 92,125,000.00 | 92,125,000.00 | 13,451,404.83 | 0% | 585% | |||
| Operating Leases | - | - | - | 382,698,368.03 | 0% | 55000000 | -100% | ||
| Business Support Loan/ACL-Corporate | - | - | - | 3,931,593.62 | 0% | 10000000 | -100% | ||
| Sub-Total | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 400,081,366.48 | -76.97% | 65,000,000.00 | 42% |
| B2C - Products | 529,201,382.00 | 72,610,000.00 | 601,811,382.00 | - | 601,811,382.00 | 1,771,912,919.26 | -66% | 918,791,429.81 | -34% |
| B2B - Products | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 400,081,366.48 | -77% | 65,000,000.00 | 42% |
| TOTAL FOR LAGOS | 621,326,382.00 | 72,610,000.00 | 693,936,382.00 | - | 693,936,382.00 | 2,171,994,285.74 | -68.05% | 983,791,429.81 | -29% |
| Cash Backed loan / Credit Card | 22,850,000.00 | 22,850,000.00 | 22,850,000.00 | 118,085,357.38 | -81% | 1,850,000.00 | 1135% | ||
| Total Risk Assets & Cash-Backed Loan | 644,176,382.00 | 72,610,000.00 | 716,786,382.00 | - | 716,786,382.00 | 2,290,079,643.12 | -68.70% | 985,641,429.81 | -27% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 20 | Ending | 18-May-24 | ||||||
| BAL B/F | WEEK 20 | ACTUAL PERFORMANCE | ACTUAL | NET PERFORMANCE | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE |
PERFORMANCE YEAR TO DATE |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 103,459,000.00 | 8,589,350.28 | 112,048,350.28 | - | 112,048,350.28 | 1,279,158,543.42 | -91% | 259,175,663.86 | -57% |
| Consumer Leases | - | - | 2,747,748.23 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 103,459,000.00 | 8,589,350.28 | 112,048,350.28 | - | 112,048,350.28 | 1,281,906,291.65 | -91% | 259,175,663.86 | -57% |
| Corporate Lease | - | - | 1,921,629.26 | -100% | 0% | ||||
| Operating Leases | - | - | 59,530,857.25 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 2,162,376.49 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 63,614,863.00 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 103,459,000.00 | 8,589,350.28 | 112,048,350.28 | - | 112,048,350.28 | 1,281,906,291.65 | -91% | 259,175,663.86 | -57% |
| B2B - Products | - | - | - | - | - | 63,614,863.00 | -100% | - | 0% |
| TOTAL FOR ABUJA | 103,459,000.00 | 8,589,350.28 | 112,048,350.28 | - | 112,048,350.28 | 1,345,521,154.65 | -92% | 259,175,663.86 | -57% |
| Cash Backed loan / Credit Card | - | - | 11,808,535.74 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 103,459,000.00 | 8,589,350.28 | 112,048,350.28 | - | 112,048,350.28 | 1,357,329,690.39 | -92% | 259,175,663.86 | -57% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 20 | Ending | 18-May-24 | ||||||
| BAL B/F | WEEK 20 | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 & 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 136,423,493.34 | 13,270,000.00 | 149,693,493.34 | - | 149,693,493.34 | 1,367,376,373.99 | -89% | 260,021,863.40 | -42% |
| Consumer Leases | 159,300.00 | 159,300.00 | 159,300.00 | 3,434,685.30 | -95% | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 136,582,793.34 | 13,270,000.00 | 149,852,793.34 | 0 | 149,852,793.34 | 1,370,811,059.29 | -89.07% | 260,021,863.40 | -42% |
| Corporate Leases | - | - | 3,843,258.52 | -100% | 0% | ||||
| Operating Leases | - | - | 408,211,592.57 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 3,735,013.94 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 415,789,865.03 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 136,582,793.34 | 13,270,000.00 | 149,852,793.34 | - | 149,852,793.34 | 1,370,811,059.29 | -89% | 260,021,863.40 | -42% |
| B2B - Products | - | - | - | - | - | 415,789,865.03 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 136,582,793.34 | 13,270,000.00 | 149,852,793.34 | 0 | 149,852,793.34 | 1,786,600,924.32 | -91.61% | 596,022,113.40 | -75% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | - | 50,000,000.00 | 50,000,000.00 | 50,000,000.00 | 38,799,474.57 | 29% | 0 | 0% | |
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 136,582,793.34 | 63,270,000.00 | 199,852,793.34 | 0 | 199,852,793.34 | 1,825,400,398.88 | -89.05% | 596,022,113.40 | -66% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 20 | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 12,781,000.00 | 410,000.00 | 13,191,000.00 | 13,191,000.00 | 0% | 13,211,000.00 | 0% | ||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 12,781,000.00 | 410,000.00 | 13,191,000.00 | 0 | 13,191,000.00 | 0 | 0.00% | 13,211,000.00 | 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 | 12,781,000.00 | 410,000.00 | 13,191,000.00 | - | 13,191,000.00 | - | 0% | 13,211,000.00 | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 12,781,000.00 | 410,000.00 | 13,191,000.00 | 0 | 13,191,000.00 | 0 | 0.00% | 13,211,000.00 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 12,781,000.00 | 410,000.00 | 13,191,000.00 | 0 | 13,191,000.00 | 0 | 0.00% | 13,211,000.00 | 0% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | OYO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2022 | NET PERFORMANCE 2023 | CUMULATIVE 2024 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| ACTUAL PERFOMANCE | YEAR TO DATE | PRE-LIQUIDATED LOANS | YEAR TO DATE | ||||||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 19,890,000.00 | 1,820,000.00 | 21,710,000.00 | 21,710,000.00 | 0% | 16,446,000.00 | 32% | ||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 19,890,000.00 | 1,820,000.00 | 21,710,000.00 | 0 | 21,710,000.00 | 0 | 0.00% | 16,446,000.00 | 32% |
| 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 | 19,890,000.00 | 1,820,000.00 | 21,710,000.00 | - | 21,710,000.00 | - | 0% | 16,446,000.00 | 32% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 19,890,000.00 | 1,820,000.00 | 21,710,000.00 | 0 | 21,710,000.00 | 0 | 0.00% | 16,446,000.00 | 32% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 19,890,000.00 | 1,820,000.00 | 21,710,000.00 | 0 | 21,710,000.00 | 0 | 0.00% | 16,446,000.00 | 32% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ONDO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | ACTUAL PERFOMANCE | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | - | - | 0% | 2,340,000.00 | -100% | ||||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 2,340,000.00 | -100% |
| 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 | - | - | - | - | - | - | 0% | 2,340,000.00 | -100% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 2,340,000.00 | -100% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 0 | 0 | 0 | 0 | 0 | 0 | 0.00% | 2,340,000.00 | -100% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | KANO BRANCH PERFORMANCE | ||||||||
| WEEK | ACTUAL PERFOMANCE | Ending | PERFORMANCE YEAR TO DATE 2023 |
||||||
| BAL B/F | PERFORMANCE YEAR TO DATE 2023 | PRE-LIQUIDATED LOANS 2024 | NET PERFORMANCE 2023 | CUMULATIVE 2022 BUDGET | BUDGET VARIANCE YEAR TO DATE 2024 |
PERFORMANCE YEAR TO DATE 2023 |
% CHANGE BETWEEN 2024 Vs 2023 | ||
| 2024 | 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 Vs 2023 | ||
| PRODUCTS | |||||||||
| Personal Loan / Public Sector Employee Loan / Group Loan | 16,220,000.00 | 1,240,000.00 | 17,460,000.00 | 17,460,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 16,220,000.00 | 1,240,000.00 | 17,460,000.00 | 0 | 17,460,000.00 | 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 | 16,220,000.00 | 1,240,000.00 | 17,460,000.00 | - | 17,460,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 16,220,000.00 | 1,240,000.00 | 17,460,000.00 | 0 | 17,460,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 16,220,000.00 | 1,240,000.00 | 17,460,000.00 | 0 | 17,460,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 20 | Ending | 18-May-24 | ||||||
| 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 2024 & 2023 (ACTUAL) |
| 2024 | 2024 | 2024 | 2024 | 2024 | 2023 | 2024 | |||
| TENOR FUND | 620,739,598.91 | 175,310,000.00 | 217,957,915.66 | -42,647,915.66 | 1,349,920,724.85 | 578,091,683.25 | -700,102,997.08 | -771,829,041.60 | -183% |
| R-WIN | -8,096,276.82 | 1,185,000.00 | 1,242,971.79 | -57,971.79 | 28,721,717.55 | -8,154,248.61 | -11,205,334.19 | -36,875,966.16 | -27% |
| REAP PRODUCT | 7,085,150.84 | 1,460,000.00 | 2,232,881.20 | -772,881.20 | 57,443,435.10 | 6,312,269.64 | 641,182.55 | -51,131,165.46 | 884% |
| RBIP | - | ||||||||
| TOTAL | 619,728,472.93 | 177,955,000.00 | 221,433,768.65 | -43,478,768.65 | 1,436,085,877.50 | 576,249,704.28 | -710,667,148.72 | -859,836,173.22 | -181% |
| ABUJA | |||||||||
| TENOR FUND | 57,183,478.09 | 500,000.00 | -500,000.00 | 750,949,277.40 | 56,683,478.09 | -15,396,586.01 | -694,265,799.31 | -468% | |
| R-WIN | - | - | 15,977,644.20 | - | - | -15,977,644.20 | - | ||
| REAP PRODUCT | -2,043,247.61 | - | 31,955,288.40 | -2,043,247.61 | 78,316.39 | -33,998,536.01 | -2709% | ||
| TOTAL | 55,140,230.48 | - | 500,000.00 | -500,000.00 | 798,882,210.00 | 54,640,230.48 | -15,318,269.62 | -744,241,979.52 | -457% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 674,868,703.41 | 177,955,000.00 | 221,933,768.65 | -43,978,768.65 | 2,234,968,087.50 | 630,889,934.76 | -725,985,418.34 | - | -187% |
| PORT-HARCOURT | |||||||||
| WEEK 20 | |||||||||
| TENOR FUND | 73,654,258.49 | 81,500,000.00 | 65,431,527.51 | 16,068,472.49 | 879,087,447.75 | 89,722,730.98 | 350,433,640.34 | -789,364,716.77 | -74% |
| R-WIN | -1,903,457.29 | - | 18,703,988.25 | -1,903,457.29 | 575,000.00 | -20,607,445.54 | -431% | ||
| REAP PRODUCT | 1,392,513.95 | 55,000.00 | 55,000.00 | 37,407,976.50 | 1,447,513.95 | 2,403,705.27 | -35,960,462.55 | -40% | |
| 73,143,315.15 | 81,555,000.00 | 65,431,527.51 | 16,123,472.49 | 935,199,412.50 | 89,266,787.64 | 353,412,345.61 | -845,932,624.86 | -75% | |
| 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 | 751,577,335.49 | 256,810,000.00 | 283,889,443.17 | -27,079,443.17 | 2,979,957,450.00 | 724,497,892.32 | -365,065,942.75 | -2,255,459,557.68 | -298% |
| R-WIN | -9,999,734.11 | 1,185,000.00 | 1,242,971.79 | -57,971.79 | 63,403,350.00 | -10,057,705.90 | -10,630,334.19 | -73,461,055.90 | -5% |
| REAP PRODUCT | 6,434,417.18 | 1,515,000.00 | 2,232,881.20 | -717,881.20 | 126,806,700.00 | 5,716,535.98 | 3,123,204.21 | -121,090,164.02 | 83% |
| RBIP | - | - | - | 0% | |||||
| 748,012,018.56 | 259,510,000.00 | 287,365,296.16 | -27,855,296.16 | 3,170,167,500.00 | 720,156,722.40 | -372,573,072.73 | -2,450,010,777.60 | -293% |
MEETING ADJOURNMENT
Godfrey Egbuokporo seconded by Aja Iji adjourned the meeting
Adetayo Olukoga said the closing prayers
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