The traditional institution of the people is predominantly governed by Baales with the exception of a very early settlement called Iro town, Oba Sanusi Ogunrinde Oyero.

Eribi IV (Late), followed by other towns like Ibafo, Ofada, Mokoloki, Owode and others during the administration of the former governor of the state Senator Ibikunle Amosun.

Obafemi Owode Local Government is endowed with vast fertile land suitable for the cultivation of rice, kolanut, sugarcane, maize, cassava, tomatoes and a wide variety of vegetables.

In recent times, however, the people of the area engage themselves in Quarry business, artisan works and handcrafts, such as dye making and pottery.

Obafemi Owode Local Government has within it privately owned hotels for the relaxation and comfort of residents and visitors.

For administrative convenience, Obafemi Owode Local Government is politically divided into 12 wards: