| LAGOS STATE GOVERNMENT | |||||||
| DEBT MANAGEMENT OFFICE | |||||||
| COMBINED REVENUE AND DEBT SERVICES (FAAC AND IGR) APRIL 2020 – MARCH 2021 | |||||||
| MONTH | FAAC ALLOCATION |
FAAC DEDUCTIONS |
IGR INCOME |
IGR DEDUCTION |
TOTAL ALLOCATION FAAC AND IGR | TOTAL DEDUCTIONS | |
| 1 | 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 |
| 2 | 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 |
| 3 | 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 |
| 4 | 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 |
| 5 | 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 |
| 6 | 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 |
| 7 | 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 |
| 8 | 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 |
| 9 | 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 |
| 10 | Jan-21 | 16,182,371,342.88 | 5,438,141,678.30 | 42,050,978,083.15 | 298,564,864.52 | 58,233,349,426.03 | 7,321,035,449.84 |
| 11 | Feb-21 | 14,945,753,211.43 | 4,624,810,279.74 | 41,307,869,975.11 | 1,884,081,788.83 | 56,253,623,186.54 | 6,490,444,381.08 |
| 12 | Mar-21 | 13,323,588,407.63 | 4,624,810,279.74 | 46,521,423,147.41 | 16,504,201,963.25 | 59,845,011,555.04 | 19,141,664,724.95 |
| 13 | Subtotal( October 2020 to March 2021) |
94,108,280,500.63 | 31,999,856,873.91 | 238,877,686,130.80 | 26,452,142,861.95 | 332,985,966,631.43 | 58,030,533,437.35 |
| 14 | TOTAL | 173,174,890,796.67 | 61,089,765,690.30 | 395,487,450,409.40 | 40,955,952,493.17 | 568,662,341,206.07 | 87,107,397,439.75 |
| 15 | April 2020 to March,2021 AVERAGE (12 Months) | 14,431,240,899.72 | 5,090,813,807.53 | 32,957,287,534.12 | 3,412,996,041.10 | 47,388,528,433.84 | 7,258,949,786.65 |
| 16 | Average 6 Months from October to March 2021 | 15,684,713,416.77 | 5,333,309,478.99 | 39,812,947,688.47 | 4,408,690,476.99 | 55,497,661,105.24 | 9,671,755,572.89 |
| 17 | Debt Service to Revenue ratio(% |
35.28% | 6.58% | 15.32% | |||
| 18 | 6 months :Debt Service to Revenue ratio(% |
34.40% | 10.90% | 17.43% | |||
| Source: Debt Management Directorate 15/03/2021 | |||||||
