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. This paper traced the origin of library and information science education inNigeriato the advent of new technologies which have brought about tremendous impact in the delivery of services in academic libraries.. The population comprised 17 library educators in library schools in South East Nigeria Federal Universities. A structured questionnaire was used as instrument for data collection and copies of the questionnaire were distributed to respondents. Thirteen responses were received giving a response rate of 76.47%. The study centered on acquisition and application of knowledge-based and skills’-based competencies’ assessment. Data collected were analyzed using percentages and mean scores. Findings of the study showed that elements of knowledge such as copyright and intellectual property law, evaluation of information communication tools’ interfaces, virtual librarianship and digital technologies were not acquired by 45%, 38.75%, 45% and 6.25% of library educators respectively. Skills-based competencies such as website development and web page development were not acquired by 22.50% and 28.75% of library educators respectively. Challenges confronting library educators with respect to acquisition of competencies as well as strategies to enhance their competencies are addressed. There are conclusions and recommendations.