The federal government approved ?140m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% in...

The federal government approved ?140m 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?

Answer Details

The share of local government W on equality can be calculated as follows: Share on equality = 40% of ₦140m = (40/100) x ₦140m = ₦(40/100) x 140,000,000 = ₦56,000,000 Therefore, the share of local government W on equality is ₦56m.