What is the primary source of revenue for the local governme…

JAMB Government 2023 54 views

What is the primary source of revenue for the local government in Nigeria?

  1. oil revenue
  2. taxes
  3. grants from foreign countries
  4. Federal government allocations ✓

Explanation

Local governments in Nigeria get most money from monthly federal allocations. This comes from the Federation Account shared among all government levels.

While local governments can collect some taxes, federal allocations are their main funding source. They don’t get oil revenue directly or foreign grants regularly.

This allocation system ensures all local governments have money to provide services.

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