Week 22 05-26-2024
MANAGEMENT MEETING
Duration: 8:30am - 10:10am
Venue: Virtual Via Google Meet
Presided by: Faith Ozegbe
ATTENDEES
ADEDOYIN ADEYEMI - CRM
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 OKPOKOR - CRM
EMMANUEL ONAKOYA - Lead, CRM
GBENGA AJAYI - Lead, Wealth Management
GODFREY EGBUOKPORO - Lead, Communications
FAITH OZEGBE - Acting Secretary
ISIMEMEN EBHOMIEN - Accounts
ITIEKHAO IKPEMINOGENA - General Manager
IKEJI NWANNE - Sales
LINDA OTTAH-IJEKEYE - Brokers Admin
LOLO YOUNG-HARRY - Sales
OLUSEGUN AKEJU - Lead Data Science Unit/Loan Portfolio Unit
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 Management
SAMUEL OTTAH - Product Development
SOPHIA DAGI - Deputy National Channel Manager
STANLEY MAFUVWE - Lead, Asset Remedial Management
TAIWO AJAGUNSEGUN - Business Operations
Sophia Dagi said the opening prayer
MINUTE ADOPTION
Oluwadamilare Olayinka seconded by Faith Ozegbe
ORDER OF PRESENTATION
Telesales, Asset Creation, Corporate Lease, Wealth Management, Credit Risk Management and Legal
ACTIVITY REPORT (20th – 24th May, 2024)
Tele-sales Team Report
The total amount consummated by the team for the week in review is 17.9M with the core telesales and customer retention team consummating 5.1M (52% of the week’s target) at 3 counts and 12.7M (67% of the week’s target) at 5 counts respectively.
Asset Creation report
For the period in review, Transactions disbursed are 86M..
Wealth Management Global Report
The week in review shows total netfolw as 28.1M
Brokers Admin Team Report
The week in review shows liability generation is 3% (2.1M) of the budget. Risk Asset Transaction Disbursed for the week 17.4M, Fresh Fund (RTN) for the Week Nil, Reap Fund for the week 180K, Rollover for the week 2M, Liquidation for the week 5.2M. 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 BAD (47%). Week 21 experienced a net negative change in cash flow from 19M positive in week 20 to 21M negative. Wealth Management reported a negative 21M total NetFlow, with 47M inflows and 69M outflows.
Credit Risk Management Report
The report shows Core underwriters approved 89 transactions and pushed back 44 transactions. The senior underwriters approved 110 transactions and pushed back 14. In the recovery space, the total recovery is 22.7M (58.86%) broken down as PDO is 9.1M (12.5% of the target). Extended interest recovery as 4.3M at 37 counts (62.3% of the target), Provisioned Accounts recovery as 5.8M at 108 counts (57% of the target).
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 | 21 | Ending | 25-May-24 | ||||||
| BAL B/F | WEEK 21 | 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 | 606,011,382.00 | 65,310,000.00 | 671,321,382.00 | - | 671,321,382.00 | 1,852,574,442.19 | -64% | 920,033,987.84 | -27% |
| Consumer Leases | - | - | 7,934,123.03 | -100% | 4,533,941.97 | -100% | |||
| Asset Cash Loan | - | - | 0% | ||||||
| SPBS | - | - | 0% | ||||||
| Sub-Total | 606,011,382.00 | 65,310,000.00 | 671,321,382.00 | - | 671,321,382.00 | 1,860,508,565.22 | -63.92% | 924,567,929.81 | -27% |
| Corporate Leases | 92,125,000.00 | 92,125,000.00 | 92,125,000.00 | 14,123,975.07 | 0% | 552% | |||
| Operating Leases | - | - | - | 401,833,286.43 | 0% | 55000000 | -100% | ||
| Business Support Loan/ACL-Corporate | - | - | - | 4,128,173.30 | 0% | 10000000 | -100% | ||
| Sub-Total | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 420,085,434.80 | -78.07% | 65,000,000.00 | 42% |
| B2C - Products | 606,011,382.00 | 65,310,000.00 | 671,321,382.00 | - | 671,321,382.00 | 1,860,508,565.22 | -64% | 924,567,929.81 | -27% |
| B2B - Products | 92,125,000.00 | - | 92,125,000.00 | - | 92,125,000.00 | 420,085,434.80 | -78% | 65,000,000.00 | 42% |
| TOTAL FOR LAGOS | 698,136,382.00 | 65,310,000.00 | 763,446,382.00 | - | 763,446,382.00 | 2,280,594,000.03 | -66.52% | 989,567,929.81 | -23% |
| Cash Backed loan / Credit Card | 22,850,000.00 | 22,850,000.00 | 22,850,000.00 | 123,989,625.25 | -82% | 11,850,000.00 | 93% | ||
| Total Risk Assets & Cash-Backed Loan | 720,986,382.00 | 65,310,000.00 | 786,296,382.00 | - | 786,296,382.00 | 2,404,583,625.28 | -67.30% | 1,001,417,929.81 | -21% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ABUJA BRANCH PERFORMANCE | ||||||||
| WEEK | 21 | Ending | 25-May-24 | ||||||
| BAL B/F | WEEK 21 | 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 | 112,048,350.28 | 25,405,000.00 | 137,453,350.28 | - | 137,453,350.28 | 1,343,116,470.59 | -90% | 259,175,663.86 | -47% |
| Consumer Leases | - | - | 2,885,135.65 | -100% | - | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Abuja | 112,048,350.28 | 25,405,000.00 | 137,453,350.28 | - | 137,453,350.28 | 1,346,001,606.23 | -90% | 259,175,663.86 | -47% |
| Corporate Lease | - | - | 2,017,710.72 | -100% | 0% | ||||
| Operating Leases | - | - | 62,507,400.11 | -100% | 0% | ||||
| Business Support Loan/ACL-Corporate | - | - | 2,270,495.31 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | - | - | - | - | - | 66,795,606.15 | -100% | - | 0% |
| - | |||||||||
| B2C - Products | 112,048,350.28 | 25,405,000.00 | 137,453,350.28 | - | 137,453,350.28 | 1,346,001,606.23 | -90% | 259,175,663.86 | -47% |
| B2B - Products | - | - | - | - | - | 66,795,606.15 | -100% | - | 0% |
| TOTAL FOR ABUJA | 112,048,350.28 | 25,405,000.00 | 137,453,350.28 | - | 137,453,350.28 | 1,412,797,212.38 | -90% | 259,175,663.86 | -47% |
| Cash Backed loan / Credit Card | - | - | 12,398,962.53 | -100% | 0% | ||||
| Total Risk Assets & Cash-Backed Loan | 112,048,350.28 | 25,405,000.00 | 137,453,350.28 | - | 137,453,350.28 | 1,425,196,174.91 | -90% | 259,175,663.86 | -47% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | PORT-HARCOURT BRANCH PERFORMANCE | ||||||||
| WEEK | 21 | Ending | 25-May-24 | ||||||
| BAL B/F | WEEK 21 | 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 | 149,693,493.34 | 10,175,000.00 | 159,868,493.34 | - | 159,868,493.34 | 1,435,745,192.69 | -89% | 260,321,863.40 | -39% |
| Consumer Leases | 159,300.00 | 159,300.00 | 159,300.00 | 3,606,419.56 | -96% | 0% | |||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 149,852,793.34 | 10,175,000.00 | 160,027,793.34 | 0 | 160,027,793.34 | 1,439,351,612.25 | -88.88% | 260,321,863.40 | -39% |
| Corporate Leases | - | - | 4,035,421.45 | -100% | 0% | ||||
| Operating Leases | - | - | 428,622,172.19 | -100% | 336,000,250.00 | -100% | |||
| Business Support Loan/ACL-Corporate | - | - | 3,921,764.64 | -100% | 0% | ||||
| Sub-Total B 2 B Leases | 0 | 0 | 0 | 0 | 0 | 436,579,358.28 | -100.00% | 336,000,250.00 | -100% |
| - | 0% | ||||||||
| B2C - Products | 149,852,793.34 | 10,175,000.00 | 160,027,793.34 | - | 160,027,793.34 | 1,439,351,612.25 | -89% | 260,321,863.40 | -39% |
| B2B - Products | - | - | - | - | - | 436,579,358.28 | -100% | 336,000,250.00 | -100% |
| TOTAL FOR PORT HARCOURT | 149,852,793.34 | 10,175,000.00 | 160,027,793.34 | 0 | 160,027,793.34 | 1,875,930,970.53 | -91.47% | 596,322,113.40 | -73% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 50,000,000.00 | 50,000,000.00 | 50,000,000.00 | 40,739,448.30 | 23% | 0 | 0% | ||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 199,852,793.34 | 10,175,000.00 | 210,027,793.34 | 0 | 210,027,793.34 | 1,916,670,418.83 | -89.04% | 596,322,113.40 | -65% |
| ROSABON FINANCIAL SERVICES LTD- RISK ASSET GENERATION REPORT | ANAMBRA BRANCH PERFORMANCE | ||||||||
| WEEK | WEEK 21 | 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 | 13,191,000.00 | 570,000.00 | 13,761,000.00 | 13,761,000.00 | 0% | 13,211,000.00 | 4% | ||
| Consumer Leases | - | - | 0% | 0% | |||||
| Asset Cash Loan | - | - | 0% | 0% | |||||
| SPBS | - | - | 0% | 0% | |||||
| Sub-Total Port Harcourt | 13,191,000.00 | 570,000.00 | 13,761,000.00 | 0 | 13,761,000.00 | 0 | 0.00% | 13,211,000.00 | 4% |
| 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 | 13,191,000.00 | 570,000.00 | 13,761,000.00 | - | 13,761,000.00 | - | 0% | 13,211,000.00 | 4% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ANAMBRA | 13,191,000.00 | 570,000.00 | 13,761,000.00 | 0 | 13,761,000.00 | 0 | 0.00% | 13,211,000.00 | 4% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0% | |||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 13,191,000.00 | 570,000.00 | 13,761,000.00 | 0 | 13,761,000.00 | 0 | 0.00% | 13,211,000.00 | 4% |
| 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 | 21,710,000.00 | 870,000.00 | 22,580,000.00 | 22,580,000.00 | 0% | 16,446,000.00 | 37% | ||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 21,710,000.00 | 870,000.00 | 22,580,000.00 | 0 | 22,580,000.00 | 0 | 0.00% | 16,446,000.00 | 37% |
| 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 | 21,710,000.00 | 870,000.00 | 22,580,000.00 | - | 22,580,000.00 | - | 0% | 16,446,000.00 | 37% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR OYO | 21,710,000.00 | 870,000.00 | 22,580,000.00 | 0 | 22,580,000.00 | 0 | 0.00% | 16,446,000.00 | 37% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 21,710,000.00 | 870,000.00 | 22,580,000.00 | 0 | 22,580,000.00 | 0 | 0.00% | 16,446,000.00 | 37% |
| 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 | 17,460,000.00 | 3,460,000.00 | 20,920,000.00 | 20,920,000.00 | 0% | 0% | |||
| Consumer Leases | - | 0% | 0% | ||||||
| Asset Cash Loan | - | 0% | 0% | ||||||
| SPBS | - | 0% | 0% | ||||||
| Sub-Total Port Harcourt | 17,460,000.00 | 3,460,000.00 | 20,920,000.00 | 0 | 20,920,000.00 | 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 | 17,460,000.00 | 3,460,000.00 | 20,920,000.00 | - | 20,920,000.00 | - | 0% | - | 0% |
| B2B - Products | - | - | - | - | - | - | 0% | - | 0% |
| TOTAL FOR ONDO | 17,460,000.00 | 3,460,000.00 | 20,920,000.00 | 0 | 20,920,000.00 | 0 | 0.00% | 0 | 0% |
| 0% | 0% | ||||||||
| Cash Backed loan / Credit Card | 0% | 0 | 0% | ||||||
| 0% | 0% | ||||||||
| Total Risk Assets & Cash-Backed Loan | 17,460,000.00 | 3,460,000.00 | 20,920,000.00 | 0 | 20,920,000.00 | 0 | 0.00% | 0 | 0% |
TREASURY MANAGEMENT REPORT
| ROSABON FINANCIAL SERVICES | LIABILITY GENERATION REPORT | ||||||||
| WEEK | 21 | Ending | 25-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 | 578,091,683.25 | 42,257,000.00 | 22,495,271.76 | 19,761,728.24 | 1,417,416,761.09 | 597,853,411.49 | -706,191,010.25 | -819,563,349.60 | -185% |
| R-WIN | -8,154,248.61 | 430,000.00 | 280,761.77 | 149,238.23 | 30,157,803.43 | -8,005,010.38 | -9,142,157.79 | -38,162,813.81 | -12% |
| REAP PRODUCT | 6,312,269.64 | 3,680,000.00 | 323,986.73 | 3,356,013.27 | 60,315,606.86 | 9,668,282.91 | 1,091,114.45 | -50,647,323.95 | 786% |
| RBIP | - | ||||||||
| TOTAL | 576,249,704.28 | 46,367,000.00 | 23,100,020.26 | 23,266,979.74 | 1,507,890,171.38 | 599,516,684.02 | -714,242,053.59 | -908,373,487.36 | -184% |
| ABUJA | |||||||||
| TENOR FUND | 56,683,478.09 | 5,333,232.78 | -5,333,232.78 | 788,496,741.27 | 51,350,245.31 | -7,569,681.90 | -737,146,495.96 | -778% | |
| R-WIN | - | - | 16,776,526.41 | - | - | -16,776,526.41 | - | ||
| REAP PRODUCT | -2,043,247.61 | - | 33,553,052.82 | -2,043,247.61 | 578,316.39 | -35,596,300.43 | -453% | ||
| TOTAL | 54,640,230.48 | - | 5,333,232.78 | -5,333,232.78 | 838,826,320.50 | 49,306,997.70 | -6,991,365.51 | -789,519,322.80 | -805% |
| WARRI | |||||||||
| TENOR FUND | - | - | - | - | - | 0% | |||
| R-WIN | - | - | - | - | - | - | 0% | ||
| REAP PRODUCT | - | - | - | - | - | - | 0% | ||
| TOTAL | - | - | - | - | - | - | - | 0% | |
| TOTAL | 630,889,934.76 | 46,367,000.00 | 28,433,253.04 | 17,933,746.96 | 2,346,716,491.88 | 648,823,681.72 | -721,233,419.10 | - | -190% |
| PORT-HARCOURT | |||||||||
| WEEK 21 | |||||||||
| TENOR FUND | 89,722,730.98 | 11,550,000.00 | 1,618,095.03 | 9,931,904.97 | 923,041,820.14 | 99,654,635.95 | 329,799,317.78 | -823,387,184.19 | -70% |
| R-WIN | -1,903,457.29 | - | 19,639,187.66 | -1,903,457.29 | 575,000.00 | -21,542,644.95 | -431% | ||
| REAP PRODUCT | 1,447,513.95 | 300,000.00 | 300,000.00 | 39,278,375.33 | 1,747,513.95 | 2,953,705.27 | -37,530,861.38 | -41% | |
| 89,266,787.64 | 11,850,000.00 | 1,618,095.03 | 10,231,904.97 | 981,959,383.13 | 99,498,692.61 | 333,328,023.05 | -882,460,690.52 | -70% | |
| 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 | 724,497,892.32 | 53,807,000.00 | 29,446,599.57 | 24,360,400.43 | 3,128,955,322.50 | 748,858,292.75 | -383,961,374.37 | -2,380,097,029.75 | -295% |
| R-WIN | -10,057,705.90 | 430,000.00 | 280,761.77 | 149,238.23 | 66,573,517.50 | -9,908,467.67 | -8,567,157.79 | -76,481,985.17 | 16% |
| REAP PRODUCT | 5,716,535.98 | 3,980,000.00 | 323,986.73 | 3,656,013.27 | 133,147,035.00 | 9,372,549.25 | 4,623,136.11 | -123,774,485.75 | 103% |
| RBIP | - | - | - | 0% | |||||
| 720,156,722.40 | 58,217,000.00 | 30,051,348.07 | 28,165,651.93 | 3,328,675,875.00 | 748,322,374.33 | -387,905,396.05 | -2,580,353,500.67 | -293% |
MEETING ADJOURNMENT
Godfrey Egbuokporo seconded by Aja Iji adjourned the meeting
Adetayo Olukoga said the closing prayers
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