Government
JAMB 2003
Financial allocations to local governments by the federal or the state government to supplement the cost of a project is called
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A.
revenue allocation
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B.
reimbursement
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C.
statutory allocation
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D.
matching grant
Correct Answer: Option D
Explanation
Financial allocations to local government by the federal or the state governments to supplement the cost of a project is called matching grants.
Local governments in turn give matching grants to communities or institutions for completion of certain projects such as schools.
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