The significance of history in shaping a people's cultural identity cannot be overstated. It provides a window into the past, present, and potentially even the future of a group, helping to cultivate a deeper understanding and appreciation of their traditions and cultural practices. This research critically examines the historical origins and development of Adigbe Annual Fishing Festival in the Ossiama Kingdom, tracing its journey from inception to the present day. The study offers a historical overview of the Ossiama people, detailing their origins, migration patterns, settlement, and geographical location. It explores the founding of the Ossiama community, attributed to "Asiyai" or "Ossi," one of Oyakiri's sons, who, following a dispute with his brothers, left and settled in the present-day Ossiama area. Today, the Ossiama Kingdom consists of four autonomous communities: Ossiama Town, Ogbopulo-ama, Awe-ama, and Ogbunu-ama, all of which make up the Kingdom. The research also delves into the ancient Adigbe Lake's origin and the festival's evolution, charting its growth from a rotational celebration held by each community to the current collective approach. However, in light of contemporary modernization, the study emphasizes the need for innovations to elevate this long-standing festival to the level of other renowned global events.