Akure North LGA, Ondo State

Akure North, with its headquarters in Iju/Itaogbolu,  Is an integral part of the Ondo Central Senatorial District. Created in 1976, the LGA spans an area of 638.8 square kilometers. It had a population of 131,587 in 2006 , which has been projected to grow to 200,900 by 2022, resulting in a population density of 314.5 people per square kilometer.  The economy is heavily based on agriculture, with crops such as maize, yam, and cassava.  Dominating. Additionally, the area is rich in mineral resources, including quartz sand, clay, and granite, which support small-scale mining and quarrying activities.  Akure North has a rich cultural heritage, with traditional institutions playing a significant role in governance and community development. The LGA also benefits from its proximity to Akure, the Ondo State capital, which enhances its economic and social integration.

FAAC Statutory Allocation Ledger
Cumulative FAAC Allocation (1999 - 2026)
NGN 39,599,021,818.20
Current Year Funding
16.7% DISBURSED
FISCAL MONTH
NET ALLOCATION
VARIANCE
February 2026
NGN 441,184,655.56
-18.6%
January 2026
NGN 541,771,755.22
+5.1%
December 2025
NGN 515,324,640.77
+14.7%
November 2025
NGN 449,308,592.51
-11.5%
October 2025
NGN 507,849,404.59
-5.6%
September 2025
NGN 537,945,699.46
+0.0%

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