Under the present local government system in Nigeria, local councils get the bulk of their finances from
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Correct Answer: Option C
Explanation:
Under the present local government system in Nigeria, local councils get the bulk of their finances from the federal government. This comes through statutory allocations from the Federation Account. While they also generate some revenue from rates and taxes, the main source is federal allocation.
Under the present local government system in Nigeria, local councils get the bulk of their finances from the federal government. This comes through statutory allocations from the Federation Account. While they also generate some revenue from rates and taxes, the main source is federal allocation.