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WAEC Government 2006 Question 21

Question 21

Nigerian Federalism

A constitutionally created account into which all public revenue is paid is called

  1. A.Provident Fund
  2. B.Social Security Fund
  3. C.Public Accounts Fund
  4. D.Consolidated Fund.
Show the answer and explanation

Answer: D (Consolidated Fund.)

Explanation

The constitution provides that all government revenue goes into the Consolidated Revenue Fund.