The future of Nigerian university libraries is threatened by press und
erfunding, inadequate collections and facilities. These worrysome prob
lems which have bedevilled the libraries since the 1980s persist due t
o the continued low level of book production, scarcity of foreign curr
ency to import books and journals, and the continued proliferation of
universities despite the economic recession in the country. The Nigeri
an federal and state governments, which are the sole financiers of the
38 universities in the country, lack the financial resources to fund
them adequately. To prevent the collapse of the universities and their
libraries, organizations such as the World Bank, oil companies, and b
anks, are being brought in to assist the governments. The federal gove
rnment and its central coordinating body for the universities, the Nat
ional Universities Commission (NUC), are encouraging the universities
to seek and achieve sustainability by prudent spending and vigorous di
versification of their revenue bases and investments in order to survi
ve. This article examines the issues involved. (C) 1996 Academic Press
Limited.