Ibiono Ibom L.G.A Of AKWA IBOM State

Ibiono Ibom Local Government Area, located within the Akwa Ibom North-East senatorial district, has its administrative headquarters at Oko Ita. Positioned at coordinates 5°14′0″N 7°53′0″E, the LGA is rich in natural resources. With a population of 188,605 recorded in 2006, the figure is projected to have grown to 240,700 by 2022. The area spans 336.0 km², giving it a population density of 716.5 people per km². The postal code for the region is 520. Ibiono Ibom boasts deposits of crude oil and clay, while its fertile land supports the cultivation of crops such as oil palm and rubber. Fishing and canoe construction are prominent activities, complemented by thriving trade in local markets. Ika Local Government Area, also referred to as Ika-Annang or Ika Ibom, has its headquarters in Urua Inyang. Positioned at coordinates 5°01′0″N 7°32′0″E, Ika LGA lies within the oil-rich Akwa Ibom State and is a hub of economic and agricultural activities. The population of Ika LGA was recorded as 72,772 in 2006, with a projected increase to 92,900 by 2022. The area covers 116.3 km², resulting in a population density of 798.8 people per km². Its postal code is 532. The region is endowed with crude oil and natural gas, which contribute significantly to its economy. Agriculture is also prominent, with crops such as sugarcane, plantain, and oil palm widely cultivated. Fishing and canoe construction are vital local industries, while markets in the area facilitate trade in diverse commodities.


FAAC Statutory Allocation Ledger
Cumulative FAAC Allocation (1999 - 2026)
NGN49,194,038,854.05
-100.0% vs Prev. Year
Current Year Funding
0.0% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
May 2025
NGN494,182,880.92
+0.0%
April 2025
NGN491,872,078.80
-0.5%
March 2025
NGN455,446,915.22
-7.4%
February 2025
NGN481,337,062.12
+5.7%
January 2025
NGN503,699,893.83
+4.6%
November 2024
NGN468,285,249.85
-7.0%

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Resources

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Beyond Financial Autonomy: The Imperative Of Moving From Local Government To Local Governance In Nigeria
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Faces At The Policy Conversation On Accountability In Local Governance
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Policy Conversation On Enthroning Accountability In Local Governance In Nigeria