The federal government approved N140m to local governments W, X, Y and Z. The amount...
FINANCIAL
JAMB 2007
The federal government approved N140m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% internal revenue generation. Calculate the share of local government W on equality?
- A. N35m
- B. N14m
- C. N56m
- D. N28m
Correct Answer: A. N35m
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