[citation needed] With its Oguide Lake and Urashi River bestowing her peculiar advantages, Oguta was one of the chosen endowed territories that the British through the instrumentality of the Royal Niger Company, UAC, and then the British Colonial Government used and exploited diversely.

[citation needed] Due to its strategic waterways, oil and gas, palm produce, agricultural products, natural resources, Oguta was one of the oldest trade and administrative Centres in Nigeria.

[citation needed] Connected to River Niger, Oguta waterways were used by the British and later Nigerian government forces during the Nigeria - Biafra civil war as routes through which to access and connect to the adjoining towns, villages and other settlement types nearer and further from Oguta, that were and remain principally peopled by other ethnic Igbo people the Mgbidi, Orlu, Awo-Omamma, Nkwerre, Owerri, Okigwe, Umuahia, Aba/Ngwa people, among others, who are substantial parts of the Eastern Nigerian population in the hinterland, collectively called "The Igbos".

[citation needed] Oguta is a socio-geographic community town with a surface area of approximately 2,025.75 square kilometers.

The Omereife festival (new yam ) – performed between July, August – September by, Mgbele, Nkwesi, Nneukwu, Osu Obodo Eziorsu, Oguta Egbuoma and Egwe communities.