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WAEC Government 1997 Question 48

Question 48

Nigerian Federalism

The principle for sharing the wealth of the nation among the different levels of government is called

  1. A.delegated legislation
  2. B.revenue allocation
  3. C.bicameralism
  4. D.checks and balances
  5. E.taxation.
Show the answer and explanation

Answer: B (revenue allocation)

Explanation

Revenue allocation is the formula for sharing national revenue among the federal, state and local governments.