Okobo LGA, Akwa Ibom State

Okobo Local Government Area (LGA), part of Akwa Ibom South Senatorial District, was established in 1989 after being carved out of Oron LGA. Its headquarters is located in Okopedi. Spanning an area of approximately 303.5 square kilometers, Okobo had a population of 102,753 in 2006, with projections reaching 131,100 by 2022, resulting in a population density of around 432 people per square kilometers. The LGA's economy is heavily influenced by trade, with markets like the Atabong Beach market serving as hubs for commerce. Fishing is another major activity, leveraging the rich aquatic resources in the area’s rivers and streams. Additionally, agriculture thrives in Okobo, with crops such as oil palm, coconut, sugarcane, and plantain commonly cultivated. Okobo is also known for its tropical forests, providing valuable resources like mahogany, used for boat building, housing, and canoe construction. The area is endowed with natural resources such as clay, fine sand, and crude oil, which contribute to its industrial potential .Situated at coordinates 4°50′0″N and 8°08′0″E, Okobo’s postal codes are 521 and 523.

FAAC Statutory Allocation Ledger
Cumulative FAAC Allocation (1999 - 2026)
NGN38,668,567,825.96
Current Year Funding
16.7% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
February 2026
NGN430,098,112.98
-12.3%
January 2026
NGN490,279,995.42
-1.3%
December 2025
NGN496,659,193.96
+18.8%
November 2025
NGN417,973,893.60
-11.4%
October 2025
NGN471,603,374.60
-6.6%
September 2025
NGN504,718,187.55
+0.0%

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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