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Revenue allocation formula in Nigeria - SS3 Government Past Questions and Answers - page 1

1
What is the principle behind Nigeria's revenue allocation formula?
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A

 Derivation

B

 Equality

C

Centralization

2
What percentage of revenue is allocated to local governments in Nigeria?
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A

52.68%

B

26.72%

C

20.60%

3
Which of the following factors are considered in the allocation of state revenue in Nigeria?
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A

Population

B

Land area

C

All of the above

4

Which component of revenue allocation in Nigeria supports less-developed areas?

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A

13% derivation fund

B

Federal intervention fund

C

State allocation

5
What is the current percentage of revenue allocated to the federal government in Nigeria?
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A

52.68%

B

26.72%

C

20.60%

6
What is the main purpose of revenue allocation formula in Nigeria?
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7
What is the percentage allocation of revenue to states in Nigeria?
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8
What is the derivation principle in the revenue allocation formula in Nigeria?
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