Waec Model Questions Vol1 2017 Government Question 34
Practice objective / multiple choice question 34 from the 2017 Waec Model Questions Vol1 Government examination.
A Local Government Area (LGA) receives a federal allocation calculated as: Allocation = Base amount + (Population factor × Population) + (Revenue factor × IGR). The Base amount is ₦50,000,000. The original Population factor is ₦150 per person. The original Revenue factor is 20 % of the Internally Generated Revenue (IGR). For LGA X, the population is 250,000 and its IGR for the year is ₦120,000,000. A policy change increases the Population factor by 10 % and reduces the Revenue factor by 5 percentage points (i.e., from 20 % to 15 %). What is the new total allocation for LGA X?
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About This Question
This is Waec Model Questions Vol1 2017 Government Question 34. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Government examination.
Difficulty level: Hard .
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