GOVERNMENT

JAMB 2017 - Question 22

Government 2017 JAMB Past Questions - Question 22: Grant received by the local government councils in Nigeria are from

Choose the most appropriate option for the gap .
Grant received by the local government councils in Nigeria are from
A:
B:
C:
D:
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Correct Answer

B

Explanation

Grantsreceived by the local government councils in Nigeria are from Federal and stateGovernments. Local government councils get the bulk of their revenue from thefederal government as block grant otherwise called statutory allocation. Theyalso get special grants from the state governments. Other sources ofrevenue are as follows:i. Collection of ratesii. Issuing of licenseiii. Prom cattle taxiv. From services rendered anddefaulters of bye-laws.v. From theircommercial ventures. vi. Through registration of marriages, births etc. vii.Loans from financial institutions.viii. Commercial ventures ix.Donations and giftsx. Royaltiesfrom companies.