JAMB Government 2001 Question 36

Question 36

Local Government

The main source of financing local government in Nigeria is

  1. A.internal revenue generation
  2. B.statutory revenue allocation
  3. C.special state grants
  4. D.grants-in-aid
Show the answer and explanation

Answer: B (statutory revenue allocation)

Explanation

Most local governments rely on their constitutional share of the Federation Account (statutory allocation) far more than on rates and fees they raise themselves.