| LAGOS STATE GOVERNMENT | |||||||
| DEBT MANAGEMENT OFFICE | |||||||
| COMBINED REVENUE AND DEBT SERVICES (FAAC AND IGR) APRIL 2021 – MARCH 2022 | |||||||
| MONTH | FAAC ALLOCATION |
FAAC DEDUCTIONS |
IGR INCOME |
IGR DEDUCTION |
TOTAL ALLOCATION FAAC AND IGR | TOTAL DEDUCTIONS | |
| 1 | Apr-21 | 16,736,464,938.32 | 4,714,310,552.25 | 47,724,560,662.27 | 1,108,680,252.61 | 64,461,025,600.59 | 5,822,990,804.86 |
| 2 | May-21 | 15,889,650,794.77 | 4,624,810,279.74 | 46,793,113,349.11 | 543,971,645.31 | 62,682,764,143.88 | 5,450,823,968.49 |
| 3 | Jun-21 | 14,637,475,251.70 | 4,729,516,996.05 | 45,874,304,008.55 | 21,599,569,220.28 | 60,511,779,260.25 | 26,329,086,216.33 |
| 4 | Jul-21 | 14,405,580,459.19 | 4,761,646,896.30 | 45,262,801,075.84 | 2,348,856,836.65 | 59,668,381,535.03 | 7,110,503,732.95 |
| 5 | Aug-21 | 19,035,868,382.31 | 4,769,728,698.31 | 46,563,979,954.31 | 513,936,293.79 | 65,599,848,336.62 | 5,283,664,992.10 |
| 6 | Sep-21 | 17,451,053,193.01 | 5,857,585,909.24 | 42,183,929,522.26 | 17,868,463,783.24 | 59,634,982,715.27 | 23,726,049,692.48 |
| 7 | Oct-21 | 17,097,510,146.40 | 5,874,358,406.18 | 46,177,620,885.65 | 3,153,436,933.16 | 63,275,131,032.05 | 9,027,795,339.34 |
| 8 | Nov-21 | 16,503,151,059.30 | 4,856,013,549.66 | 42,224,372,564.63 | 1,709,375,100.10 | 58,727,523,623.93 | 6,565,388,650.36 |
| 9 | Dec-21 | 17,713,662,940.78 | 4,842,964,448.21 | 49,004,823,610.64 | 21,254,481,345.96 | 66,718,486,551.42 | 27,058,852,842.57 |
| 10 | Jan-22 | 17,767,175,562.16 | 4,850,543,626.93 | 46,499,885,375.33 | 33,191,104,537.66 | 64,267,060,937.49 | 38,041,648,164.59 |
| 11 | Feb-22 | 15,878,644,235.65 | 4,815,067,474.45 | 52,001,474,640.95 | 20,822,299,442.80 | 67,880,118,876.60 | 25,637,366,917.25 |
| 12 | Mar-22 | 15,681,859,291.42 | 3,917,220,516.82 | 57,261,884,452.60 | 22,659,507,358.68 | 72,943,743,744.02 | 26,576,727,875.50 |
| 13 | Subtotal ( October 2021 to March 2022) | 100,642,003,235.71 | 29,156,168.022.25 | 294,089,427,262.92 | 102,790,204,718.96 | 394,731,430,498.63 | 131,946,372,741.21 |
| 14 | TOTAL | 198,798,096,255.01 | 58,613,767,354.15 | 567,937,249,580.06 | 150,575,713,735.17 | 766,735,345,835.07 | 209,189,481,089.32 |
| 15 | April 2021 to March 2022 AVERAGE (12 Months) | 16,566,508,021.25 | 4,884,480,612.85 | 47,328,104,131.67 | 12,547,976,144.60 | 63,894,612,152.92 | 17,432,456,757.44 |
| 16 | Average 6 Months from October 2021 to March 2022) | 16,773,667,205.95 | 4,859,361,337.04 | 49,014,904,543.82 | 17,131,700,786.49 | 65,788,571,749.77 | 21,991,062,123.54 |
| 17 | Debt Service to Revenue Ratio(%) |
29.48% | 26.51% | 27.28% | |||
| 18 | 6 months :Debt Service to Revenue Ratio(%) |
28.97% | 34.95% | 33.43% | |||
| Source: Debt Management Directorate 12/04/2022 | |||||||
