Neco 2024 Government Question 4
Practice objective / multiple choice question 4 from the 2024 Neco Government examination.
An LGA has an annual revenue of \(\text{₦}1.2\) billion, composed of 40\% federal allocation, 35\% internally generated revenue and the remainder from other sources. By law it must allocate at least 30\% of its total revenue to education, at least 15\% to health and not more than 25\% to administration. After meeting the minimum allocations to education and health, any remaining funds are to be distributed proportionally among education, health and administration in the ratio of their minimum percentages (30\:15\:25). What is the maximum amount that can be allocated to administration, in millions of naira, under these rules? (Round to the nearest million.)
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About This Question
This is Neco 2024 Government Question 4. It is one of the objective questions from the 2024 Neco Government examination.
Difficulty level: Hard .
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