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The purpose of this study was to investigate the influence of Information and Communication Technology (ICT) literacy skills on electronic information resources (EIR) use among lecturers of two private universities in Oyo State, Nigeria. Descriptive survey design was adopted for the study and using total enumeration sampling technique, the study population and study sample consisted of 234 (Two hundred and thirty four) academic staff from both Ajayi Crowther University (ACU) and Lead City University (LCU). Questionnaire was the data collection instrument used. Data was analyzed using descriptive and inferential statistics. The findings revealed that E-mail and Websites were the most available resources to lecturers of both universities. Lecturers in ACU had high ICT literacy skills in General Computer Operation while those in LCU had high ICT literacy skills in General Computer Operation, Internet Browsing, Internet Searching and Computer Appreciation. E-Mail and website were the most often used e-resources among lecturers of both universities, erratic power supply and poor internet connection were the major challenges encountered in the use of e-resources. There was a positive significant relationship between ICT literacy skills and e-resources use of lecturers.