| LAGOS STATE GOVERNMENT | |||||||
| DEBT MANAGEMENT OFFICE | |||||||
| COMBINED REVENUE AND DEBT SERVICES (FAAC AND IGR) JUNE 2021 – MAY 2022 | |||||||
| MONTH | FAAC ALLOCATION |
FAAC DEDUCTIONS |
IGR INCOME |
IGR DEDUCTION |
TOTAL ALLOCATION FAAC AND IGR | TOTAL DEDUCTIONS | |
| 1 | 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 |
| 2 | 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 |
| 3 | 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 |
| 4 | 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 |
| 5 | 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 |
| 6 | 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 |
| 7 | 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 |
| 8 | 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 |
| 9 | 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 |
| 10 | 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 |
| 11 | Apr-22 | 19,190,725,255.43 | 3,945,180,390.25 | 73,354,776,134.37 | 2,881,609,707.14 | 92,545,501,389.80 | 6,826,790,097.39 |
| 12 | May-22 | 15,379,014,473.22 | 3,922,417,858.49 | 55,481,609,049.95 | 3,002,783,500.26 | 70,860,623,523.17 | 8,925,201,358.75 |
| 13 | Subtotal (December 2021 to May 2022) | 118,114,232,817.96 | 33,149,407,864.81 | 376,748,191,561.59 | 109,692,129,400.27 | 494,862,424,379.55 | 142,841,537,265.08 |
| 14 | TOTAL | 200,741,720,250.57 | 59,142,244,770.90 | 602,255,960,753.00 | 158,878,148,230.95 | 802,997,681,003.57 | 218,020,393,001.85 |
| 15 | Jun 2021 to May 2022 Average (12 Months) |
16,728,476,687.55 | 4,928,520,397.58 | 50,187,996,729.42 | 13,239,845,685.91 | 66,916,473,416.96 | 18,168,366,083.49 |
| 16 | Average 6 months (December,2021 to May 2022) |
19,685,705,469.66 | 5,524,901,310.80 | 62,791,365,260.27 | 18,282,021,566.71 | 82,477,070,729.93 | 23,806,922,877.51 |
| 17 | Debt Service to Revenue Ratio (%) |
29.46% | 26.38% | 27.15% | |||
| 18 | 6 months:Debt Service to Revenue Ratio (%) |
28.07% | 29.12% | 28.86% | |||
| Source: Debt Management Directorate 16/06/2022 | |||||||
