Local Government Finance in Nigeria - Chapter 4 Quiz

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What are the three main sectors under which expenditures are made by local governments in Nigeria?

Economic sector, Social services sector, Area development

What are some examples of special expenditures made by local governments in Nigeria?

Monies released to special NGOs like those owned by wives of presidents or Governors

What are three highlighted problems of local government finance in Nigeria?

Low internally generated revenue, Abuse of joint state and local government account, Fiscal indiscipline

According to Ekweremadu (2009), what is the main issue that plagues most local governments in Nigeria today?

Over dependence on federal allocation

Why is increasing the Internally Generated Revenue (IGR) level crucial for local governments in Nigeria?

To reduce dependence on federal allocations and enhance financial sustainability

Test your knowledge on local government finance in Nigeria with this quiz based on Chapter 4 of the book 'Contemporary Issues in Local Government Administration in Nigeria' by I. Olojede, B. Fajonyomi, and J. Fatile. Explore concepts related to the crucial role of finance in organizational performance, particularly in the context of local governments.

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