Neco 2024 Government Question 20

Practice objective / multiple choice question 20 from the 2024 Neco Government examination.

Neco 2024 Government Objective / Multiple Choice Hard Difficulty
Question 20 NECO • 2024 • GOVERNMENT • objective

A state allocates ₦300,000,000 annually to its 30 local government areas (LGAs). Each LGA receives a basic grant of ₦5,000,000 plus a share of the remaining amount proportional to its share of the state's total population of 12 million people. LGA X has a population of 450,000. In addition, any LGA with a population exceeding 400,000 receives a performance bonus equal to 2 % of its total grant (basic + population share). Determine (a) the total grant received by LGA X (to the nearest naira) and (b) the percentage of the state's total LGA allocation that this grant represents (to two decimal places).

Answer Options

A. Total grant: ₦10,625,000; Percentage of total allocation: 3.54 %
B. Total grant: ₦16,575,000; Percentage of total allocation: 5.53 %
C. Total grant: ₦10,725,000; Percentage of total allocation: 3.58 %
Correct Answer D. Total grant: ₦10,837,500; Percentage of total allocation: 3.61 %
Correct Answer
D
Correct Option:
Total grant: ₦10,837,500; Percentage of total allocation: 3.61 %

About This Question

This is Neco 2024 Government Question 20. It is one of the objective questions from the 2024 Neco Government examination.

Difficulty level: Hard .

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