Ikono LGA, Akwa Ibom State

Ikono Local Government Area, with headquarters in Urua Inyang, is located within the South South region of Nigeria. Established in September 1996 after being carved out of Itu LGA, Ikono is one of the largest LGAs in Akwa Ibom State . The area is positioned at coordinates 5°12′37″N 7°47′38″E. It is in the Akwa Ibom North-West senatorial district. As of 2006, Ikono had a population of 131,673, which was projected to reach 168,000 by 2022. Covering an area of 197.4 km², the LGA has a population density of 850.9 people per km². Its postal code is 531 .Ikono's economy is driven by civil service, agriculture, and trade. The region is known for cultivating crops such as oil palm, kolanut, cocoa, maize, melon, cassava, and plantain. Local cuisine includes the unique "Efere Nsana" soup, often prepared during festivals. Markets like the Obo daily market and Fiongaran market are major trade hubs. Ikono also has mineral deposits, including salt, sand, and gravel, alongside potential crude oil reserves. Fishing, cottage crafts, and lumbering are secondary economic activities in the area.

FAAC Statutory Allocation Ledger
Cumulative FAAC Allocation (1999 - 2026)
NGN 42,984,916,969.38
Current Year Funding
16.7% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
February 2026
NGN 471,874,621.92
-11.0%
January 2026
NGN 530,074,461.54
-2.4%
December 2025
NGN 543,298,394.21
+16.8%
November 2025
NGN 465,088,060.46
-10.9%
October 2025
NGN 521,788,011.33
-5.9%
September 2025
NGN 554,695,292.43
+0.0%

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