Accounting JAMB

Calculate the share of local government W on equality?

 The federal government approved N140m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% internal revenue generation. Calculate the share of local government W on equality?

A. N35m
B. N14m
C. N56m
D. N28m

Correct Answer:

Option C – N56m

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