Mobilisation and Use of Alternative Funds by University Libraries in Nigeria

Abstract

Rationale of Study – This paper investigated the level to which funds raised are used in solving financial problems in university libraries in Nigeria.
Methodology – The study employed a descriptive survey to investigate fundraising in university libraries in Nigeria. The population of the study consisted of eleven (11) heads of university libraries in South-South geo-political zone in Nigeria. The entire population was used for the study. Data was collected through structured questionnaires. Data analysis was done using descriptive statistics.
Findings – The study revealed that fundraising is necessary in university libraries because the institutions have limited options of coping with financial stress. The study concluded that there should be intensive effort to intensify fundraising efforts by university librarians. Librarians also need to utilise a wide array of fundraising approaches. There is also need for an appropriate structure to facilitate successful and well-organised fundraising efforts by libraries.
Implications – Alternative sources of funds in libraries have become necessary in the face of meagre funding from the government against increasing expectations on the part of the university libraries. Also, there should be a concerted effort to embrace other unexploited means of fundraising by librarians.
Originality – This is an original and empirical study which will serve as an eye-opener to librarians in raising funds for libraries.