Flooding poses a risk to human lives, livelihoods, infrastructure, and the environment. Therefore, understanding the flood frequency patterns of the Asa River is crucial in developing effective flood management strategies. This study explores the statistical technique to understand the nature and magnitude of high discharge of floods in the Asa River, aiming at relating the magnitude of floods and their frequency of occurrence through probability distribution. The Gumbel Extreme Value Distribution method was used to analyze the 30 years (1991-2020) flood discharge data of River Asa which was collected from Lower Niger River Basin and Development Authority, Ilorin, and flood discharge for the return periods of 5 years, 10 years, 20 years, 30 years, 50 years, 100 years, and 150 years, was predicted. From the observations of Gumbel’s distribution, the R2 value acquired from the trend line equation was 0.9227, indicating that Gumbel's extreme value distribution is suitable for estimating predicted river flood flow. The expected flood discharge for the return periods of the upcoming 5 years, 10 years, 15 years, 20 years, 25 years, 50 years, 100 years, and 150 years, was estimated to be 43.19 m3/s, 51.12 m3/s, 55.60 m3/s, 58.73 m3/s, 63.11 m3/s, 68.58 m3/s, 75.96 m3/s, and 80.27m3/s respectively. The results obtained in this research would adequately serve as a planning guide for the decision makers on the development and flood risk management along Asa River, to achieve sustainable development and management, with a view of protecting lives and properties downstream of the watershed.