Revenue allocation formula in Nigeria - SS3 Government Past Questions and Answers - page 1
What is the principle behind Nigeria's revenue allocation formula?
Derivation
Equality
Centralization
What percentage of revenue is allocated to local governments in Nigeria?
52.68%
26.72%
20.60%
Which of the following factors are considered in the allocation of state revenue in Nigeria?
Population
Land area
All of the above
Which component of revenue allocation in Nigeria supports less-developed areas?
13% derivation fund
Federal intervention fund
State allocation
What is the current percentage of revenue allocated to the federal government in Nigeria?
52.68%
26.72%
20.60%
What is the main purpose of revenue allocation formula in Nigeria?
What is the percentage allocation of revenue to states in Nigeria?
What is the derivation principle in the revenue allocation formula in Nigeria?