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Friday, 12 June 2026
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The major sources of revenue for the state and local governments is

The major sources of revenue for the state and local governments is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Value added tax
  • B Statutory allocation
  • C Taxes and levies
  • D Recurrent revenue
Correct Answer: Option B
Explanation:
Statutory allocation; this is the grant from the federal government to the state and local government.
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