This study is concerned with the assessment of the performance of Ikwerre Local Government (1997-2002). In assessing the performance of the council, the researcher conducted a study of the various functions, achievements and constraints of the local governments to determine the extent to which the local government has performed its roles or functions within the period under review. Local governments in Nigeria have been blamed for inefficiency in discharging their service delivery functions. The researcher examines the factors responsible for this development, and make recommendations. This study will reposition the local government to effectively discharge its service delivery functions. The researcher employed a number of investigative techniques in carrying out this research. These include primary and secondary method of data collection. The researcher employed system theory as a theoretical framework to explain the role of Ikwere Local Government in socio-economic development of Ikweme People. This theory is important in many respects. First it recognizes the role of other actors in socio-economic development. Secondly it sees development as a collective efforts and therefore assesses the performance of the council in terms of input -process -output. The researcher postulated four hypotheses. One out of the four hypothesis postulated was rejected while three were accepted. Following the findings, the researcher recommended that Ikwerre Local Government Council should improve in its service delivery function so that it will attract the support of the people in terms of payment of taxes. Ikwerre local government must on its part accommodate the inevitability of intergovernmental intervention, supervision and sometimes control in order to ensure accountability. The Local Government political job should cease to be a full-time job, hence it would be unwieldy to have such (salaries) funds paid to council men for part-time jobs. Ikwerre Local Government must be community based. It must be under the control of community people instead of being under politicians. This will check corruption in the council.