The pride of any government is the attainment of higher value level of national development in such a way that its citizens would derive natural attachment to governance. However, for a nation to be in a phase of development there must be some pre-requisites, which include socio-political and economic stability for the development of academic libraries. The gap between the developed and the developing countries is not static or narrow but is continually widening. A large majority of the world’s population in developing world lives in a state of poverty. The problem of urban population, rural stagnation, unemployment and growing inequalities continue to face less developed countries, which Nigeria belongs. Hopes of accelerated development are difficult to realize. This gloomy situation is of great concern to stake holders and the concerned citizenry. Nigeria has not been able to engender meaningful development in spite of her huge resources endowment. This has greatly affected her quest to improved quality of life of her citizens. Poverty, unemployment and starvation still pervade the nook and cranny of the country of which if academic libraries are not well developed in which if it were being developed it would have fostered a good national development of its citizenry.