LAGOS STATE
Total Revenue 2011 - N314.28 Billion
Total Revenue 2020 - N534.92 Billion
Percentage Increase - 70%
IGR 2011 - N203 Billion
IGR 2020 - N419 Billion
Percentage Increase - 106%
FAAC 2011 - N112 Bn
FAAC 2020 - N116 Bn
Percentage Increase - 3.6%
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DEBT STOCK - LAGOS STATE
Total Debt Stock
2011 - N233.77 Billion
2020 - N1.04 Trillion
Percentage Increase - 347%
Domestic Debt
2011 - N157.54 Billion
2020 - N508.78 Billion
Percentage Increase - 223%
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Debt Per Capita - Lagos State
2011 - N21,858.28
2020 - N83,235.03
Percentage Increase - 281%
*2016 Population figures
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@followlasg
Debt to Revenue Lagos State
2011 - 74%
2020 - 195%
Percentage Change 163.5%
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Share of Total Revenue - Lagos State
2011
- IGR: 65%
- FAAC: 35%
2020
- IGR: 78%
- FAAC: 22%
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Lagos State - IGR Breakdown (2018 - 2020)
PAYE - 66%
Other Taxes - 15%
MDA's - 12%
Road Tax - 3%
Direct Assessment - 4%
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Lagos State - Number of persons employed vs unemployed per sq km (2020)
- Employed: 934
- Unemployed - 552
- Not in Labor Force - 1,226
- Jobs per sq km - 1,486
- Unemployment rate 37% (National Avg 33.3%)
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Lagos IGR vs Total Revenue SE and NE
Lagos Total IGR (2011 - 2020) - N3.04 Trillion
SE Total Revenue (2011 - 2020) - N2.98 Trillion
NE Total Revenue (2011 - 2020) - N3.15 Trillion
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