It is located at Yakubu Gowon Crescent, Asokoro District, Abuja in the Federal Capital Territory of Nigeria.

[3][4] The palatial residence was completed in 1991, the same year the military junta of Ibrahim Babangida relocated the national capital from Lagos to Abuja.

In 1976, the Military Government of Murtala Mohammed took the decision to relocate the Federal Capital from Lagos and set up a committee under the leadership of Justice Akinola Aguda which recommended the creation of a Federal Capital Territory (FCT) in the center of the country and a proclamation to this effect was issued on 3 February 1976.

[5] Akinola Aguda House (formally named on 1 October 1983) was originally conceived as a Presidential Lodge & Guest House Complex and hosted the first ever formal Cabinet Meeting held outside Lagos, only days after Abuja hosted Nigeria's Independence Anniversary celebrations for the first time, in October 1982.

However, the name which was inspired by the Aso Rock monolith, a nearby hill, has become a symbol of Nigeria's maturing democratic governance.