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This study examines the value and potential pitfalls of establishing an IR, as well as the roles that librarians and authors play in its effective maintenance. In the modern era of electronic publishing, universities and other academic institutions have come to see the importance of having an institutional repository (IR) as part of their intellectual dissemination infrastructure. An IR is an online repository of academic resources that serves as a repository for the intellectual capital of a university or other organization. It's a way to manage the digital scholarship created by its community members before, during, and after publication, all while raising the visibility of the institution and the scholarly standing of its writers. The report recommends using an IR as the gold standard for scholarly digital work because of the significant impact IRs can have on realizing DS's full potential and advantages. Additionally, the challenges faced by repository managers and librarians throughout the development and rollout of IRs in Nigerian universities were identified. Challenges include a lack of resources, infrastructure, and IR-related policies; copyright worries; no required self-archiving policy; and a dearth of enthusiasm among contributors. To guide the effective development and upkeep of IRs, the study suggests that institutions with IR plans create access policy, content policy, submission policy, and preservation policy statements.