The production of green hydrogen using water electrolysis is widely regarded as one of the most promising technologies. On the other hand, the oxygen evolution reaction (OER) is thermodynamically unfavorable and needs significant overpotential to proceed at a sufficient rate. Here, we outline important structural and chemical factors that affect how well a representative nickel ferrite-modified graphene oxide electrocatalyst performs in efficient water splitting applications. The activities of the modified pristine and graphene oxide-supported nickel ferrite were thoroughly characterized in terms of their structural, morphological, and electrochemical properties. This research shows that the NiFeO@GO electrode has an impact on both the urea oxidation reaction (UOR) and water splitting applications. NiFeO@GO was observed to have a current density of 26.6 mA cm in 1.0 M urea and 1.0 M KOH at a scan rate of 20 mV s. The Tafel slope provided for UOR was 39 mV dec, whereas the GC/NiFeO@GO electrode reached a current of 10 mA cm at potentials of +1.5 and -0.21 V (vs. RHE) for the OER and hydrogen evolution reaction (HER), respectively. Furthermore, charge transfer resistances were estimated for OER and HER as 133 and 347 Ω cm, respectively.