JAMB - Government (2001 - No. 36)
The main source of financing local government in Nigeria is
internal revenue generation
statutory revenue allocation
special state grants
grants-in-aid
Wyjaśnienie
In Nigeria, the main source of financing for local governments is statutory revenue allocation. This refers to the funds allocated to local governments by the federal government, which come from a share of the country's national revenue. These allocations are distributed based on the principles set out in the Nigerian Constitution and the revenue-sharing formula.