Bakassi LGA, Cross River State

Bakassi Local Government Area was created out of Akpabuyo Local Government Area on December 12, 1996, under the Cross River South Senatorial District and has its headquarters at Ikot Effiom (formerly administered from Ikang). It had a population of 31,641 in 2006 and is projected to be 52,375 in 2022. Bakassi has a population density of about 63 people per square kilometer and covers an area of 826.07 square kilometers. The people of Bakassi are predominantly engaged in fishing due to the area's rich coastal and marine resources, while farming and trading are also important economic activities. Bakassi is well known for its abundant seafood, including fish and shrimp. Its postal code is 541106, with geo-coordinates approximately at Latitude: 4.5790, Longitude: 8.5330

FAAC Statutory Allocation Ledger
Cumulative FAAC Allocation (1999 - 2026)
NGN 33,742,749,870.31
FISCAL MONTH
NET ALLOCATION
VARIANCE
February 2026
NGN 373,744,721.44
-11.5%
January 2026
NGN 422,159,226.66
+1.6%
December 2025
NGN 415,654,160.66
+11.6%
November 2025
NGN 372,521,534.33
-10.3%
October 2025
NGN 415,315,397.63
-4.4%
September 2025
NGN 434,479,045.90
+7.2%

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