Neco Model Questions Vol1 2020 Government Question 30
Practice objective / multiple choice question 30 from the 2020 Neco Model Questions Vol1 Government examination.
A state allocates a total of \(\text{₦}90\) million to three local government areas (LGAs) - X, Y and Z - based on the following formula: each LGA receives a basic grant of \(\text{₦}10\) million plus an additional amount proportional to its share of the state's total population. The populations are: X = 150 000, Y = 250 000, Z = 100 000.\n(a) Determine the final grant each LGA receives.\n(b) LGA Y plans a project costing \(\text{₦}25\) million. It expects to fund the project from its grant and a 20 % increase in its internally generated revenue (IGR) of \(\text{₦}5\) million. Will LGA Y have sufficient funds? Show the calculations.
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About This Question
This is Neco Model Questions Vol1 2020 Government Question 30. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Government examination.
Difficulty level: Hard .
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