Resource sharing is nothing but sharing of library resources by certain participating libraries among themselves on the basis of the principle of co-operation for library management. This is applicable in sharing of documents, manpower, services, space and equipments. Increasing cost of books and subscribing periodicals, high cost of new technology for information processing and dissemination are some of the fundamentals factors which require information resource sharing among the libraries and information centres through the use of Information and Communication Technologies. Resource Sharing aids to overcome the limitations like enormous cost of purchase, bibliography handling and storage of material as a result of the exponential growth in the information produced. The paper concludes that government should earmark appropriate funds for the purchase of information technologies facilities needed by libraries for resource sharing. The work further recommends that libraries should formulate effective policies that will ensure library resource information sharing is properly conducted for library management.