What is the primary source of revenue for the local government in Nigeria?
GOVERNMENT
JAMB 2023
What is the primary source of revenue for the local government in Nigeria?
- A. taxes
- B. grants from foreign countries
- C. oil revenue
- D. Federal government allocations
Correct Answer: D. Federal government allocations
Explanation
The primary source of revenue for local governments in Nigeria is the Federal government allocations. This is because a significant portion of the revenue generated by the country is distributed among the three tiers of government - federal, state, and local government. While local governments can generate revenue through taxes, the bulk of their funding comes from federal allocations.
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