FUNDING OF ACADEMIC LIBRARIES: THE PRESENT TREND IN NIGERIA

Abstract

Academic libraries in Nigeria are facing consistent dwindling budgetary allocation that has resulted to inadequate library collection and decayed library facilities. Thus, this theoretical paper was based on existing literatures and experience. The paper intensively discussed the funding of education and academic libraries, sources of funding academic libraries, fund raising and the role of librarians in fund raising and, the present trend of funding academic libraries in Nigeria. The paper also discussed the impact of poor funding and challenges of funding academic libraries in Nigeria. Based on the challenges some recommendations were made to improve funding in the academic libraries.