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This research work was designed to examine the utilization of library resources by lecturers in University of Cape Coast. The objective of the study was to find out the level of availability of library materials in the university, and determine the extent of use of the materials by lecturers. It is also to find out factors that impede lecturer’s use of the library and make recommendations for improvement. A descriptive survey was used for the study. In all, 200 lecturers were selected for the study. The lecturers were selected using random sampling. Statistical tools used for the analysis were frequency counts and mean scores. The major finding of the study is that there are many library resources such as textbooks, journals, research monographs, research reports, newspapers, indexes/abstracts, internet services and dictionaries/encyclopedias amongst others, and that lecturers use the library mainly for consultation of reference materials. They also use it for research purposes and borrowing of books. A major finding was also that lecturers utilized books more than any other source of information. A number of recommendations were put forward for improvement of library use but the most prominent suggestion was that more up to date and relevant materials should be acquired by the library, and lecturers should be informed of newly acquired materials.