| LAGOS STATE GOVERNMENT | ||||||||
| DEBT MANAGEMENT OFFICE | ||||||||
| COMBINED REVENUE AND DEBT SERVICES (FAAC AND IGR) JANAUARY – December 2020 | ||||||||
| MONTH | FAAC ALLOCATION |
FAAC DEDUCTIONS |
IGR INCOME |
IGR DEDUCTION |
TOTAL ALLOCATION FAAC AND IGR | TOTAL DEDUCTIONS | ||
| 1 | JANUARY | 14,416,431,399.26 | 4,233,025,952.79 | 39,165,222,929.69 | 722,513,146.84 | 53,581,654,328.95 | 4,955,539,099.63 | |
| 2 | FEBRUARY | 13,796,939,769.87 | 5,733,025,932.79 | 37,882,389,588.73 | 14,927,928,867.75 | 51,679,329,358.60 | 20,660,954,800.54 | |
| 3 | MARCH | 13,046,422,672.53 | 5,955,470,843.49 | 49,456,845,698.30 | 13,383,110,649.50 | 62,503,268,370.83 | 19,338,581,492.99 | |
| 4 | APRIL | 15,254,680,735.46 | 5,455,470,843.48 | 27,978,764,356.93 | 378,283,616.82 | 43,233,445,092.39 | 5,833,754,460.30 | |
| 5 | MAY | 13,053,064,903.83 | 5,455,470,843.48 | 30,422,925,069.74 | 3,951,191,718.08 | 43,475,989,973.57 | 9,406,662,561.56 | |
| 6 | JUNE | 13,180,225,820.38 | 5,455,470,843.48 | 35,717,703,023.23 | 3,039,622,316.78 | 48,897,928,843.61 | 8,495,093,160.26 | |
| 7 | July | 16,206,460,634.09 | 5,455,470,843.49 | 37,631,811,851.38 | 2,096,664,990.14 | 53,838,272,485.47 | 7,552,135,833.63 | adj |
| 8 | August | 16,813,660,115.27 | 5,455,470,843.49 | 34,130,606,604.40 | 2,096,280,731.40 | 50,944,266,719.67 | 7,551,751,574.89 | |
| 9 | September | 17,882,106,494.64 | 6,437,364,878.71 | 37,249,376,520.33 | 2,941,766,258.00 | 55,131,483,014.97 | 9,379,131,136.71 | |
| 10 | October | 16,670,374,178.70 | 6,437,364,878.71 | 27,470,112,107.52 | 2,940,653,788.82 | 44,140,486,286.22 | 9,378,018,667.53 | |
| 11 | November | 15,091,005,136.04 | 5,437,364,878.71 | 36,496,936,311.85 | 2,941,746,684.99 | 51,587,941,447.89 | 8,379,111,563.70 | |
| 12 | December | 17,895,188,223.95 | 5,437,364,878.71 | 45,030,366,505.76 | 1,882,893,771.54 | 62,925,554,729.71 | 7,320,258,650.25 | |
| 13 | Subtotal July to December2020) |
100,558,794,782.69 | 34,660,401,201.82 | 218,009,209,901.24 | 14,900,006,224.89 | 318,568,004,683.93 | 49,560,407,426.71 | |
| 14 | TOTAL | 183,306,560,084.02 | 66,948,336,461.33 | 438,633,060,567.86 | 51,302,656,540.66 | 621,939,620,651.88 | 118,250,993,001.99 | |
| a | AVERAGE (12 Months) |
15,275,546,673.67 | 5,579,028,038.44 | 36,552,755,047.32 | 4,275,221,378.39 | 51,828,301,720.99 | 9,854,249,416.83 | |
| Average 6 Months from July to December 2020 | 16,759,799,130.45 | 5,776,733,533.64 | 36,334,868,316.87 | 2,483,334,370.82 | 53,094,667,447.32 | 8,260,067,904.45 | ||
| b | Debt Service to Revenue ratio(% |
36.52% | 11.70% | 19.01% | ||||
| 6 months :Debt Service to Revenue ratio(% |
34.47% | 6.83% | 15.56% | |||||
| Source: Debt Management Directorate 31/12/2020 | ||||||||
