Neco 2023 Government Question 24
Practice objective / multiple choice question 24 from the 2023 Neco Government examination.
A local government council receives a total revenue of \(\text{₦}120\) million. The revenue sources are: property rates (40 %), federal allocation (35 %), and local taxes (25 %). The council allocates 55 % of its total revenue to infrastructure, 30 % to social services and the remainder to administration. The council's population is 30 000 and it aims for a per‑capita infrastructure spending of at least \(\text{₦}2{,}500\). (a) Is the current revenue sufficient to meet the per‑capita infrastructure target? (b) If not, calculate the minimum additional revenue the council must obtain to achieve the target, assuming the same allocation percentages are maintained.
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About This Question
This is Neco 2023 Government Question 24. It is one of the objective questions from the 2023 Neco Government examination.
Difficulty level: Hard .
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