Waec Model Questions Vol1 2022 Government Question 35

Practice objective / multiple choice question 35 from the 2022 Waec Model Questions Vol1 Government examination.

Waec Model Questions Vol1 2022 Government Objective / Multiple Choice Hard Difficulty
Question 35 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • GOVERNMENT • objective

A Local Government Area (LGA) has a population of 150 000 people and an annual total revenue of ₦100 000 000. The revenue sources are: 40 % from the federal allocation, 35 % from internally generated revenue (IGR), and the remaining from the state allocation. Before any expenditure the LGA must first use the state allocation to pay a fixed debt of ₦12 000 000. The remaining revenue is then allocated as follows: 55 % to education, 25 % to health, and the balance to infrastructure. Calculate (a) the amount of money that will be spent on education after the debt payment, and (b) the per‑capita education spending (in Naira) for the LGA. Give your answers to two decimal places.

Answer Options

A. Education spending = ₦55,000,000; per‑capita education spending = ₦366.67
Correct Answer B. Education spending = ₦48,400,000; per‑capita education spending = ₦322.67
C. Education spending = ₦7,150,000; per‑capita education spending = ₦47.67
D. Education spending = ₦41,250,000; per‑capita education spending = ₦275.00
Correct Answer
B
Correct Option:
Education spending = ₦48,400,000; per‑capita education spending = ₦322.67

About This Question

This is Waec Model Questions Vol1 2022 Government Question 35. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Government examination.

Difficulty level: Hard .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support