Ika L.G.A Of AKWA IBOM State

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.


Cumulative FAAC Allocation (1999 - 2026)
NGN38,040,574,019.16
-100.0% vs Prev. Year
Current Year Funding
0.0% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
May 2025
NGN383,031,966.51
+0.0%
April 2025
NGN383,494,963.48
+0.1%
March 2025
NGN352,459,528.73
-8.1%
February 2025
NGN371,930,861.04
+5.5%
January 2025
NGN389,504,050.23
+4.7%
November 2024
NGN360,614,863.02
-7.4%

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