Fee-based library services and wealth creation in higher institutions of learning in Nigeria

The study examined and explores the significance of fee-based library services in fostering wealth creation within higher institutions of learning in Nigeria. The study also examines the specific context of Nigerian higher institutions of learning and investigates how fee-based library services can facilitate wealth creation among students, researchers, and academic institutions. Three research questions were adopted for the study. The study adopted a descriptive survey design. The population of study comprised 329 library staff randomly selected from two universities for sampling that is University of Nigeria, Nsukka and Kogi State University, Anyigba. The instrument used for data collection was a structured questionnaire developed by the researchers. The instrument was face validated by three experts. Cronbach Alpha reliability coefficient was used to determine the instruments which yielded reliability coefficients of 0.84. The research questions were answered using mean and standard deviation. The scales used for the questionnaire were Strongly Agree (SA), Agree (A), Disagree (D) and Strongly Disagree with the values of 4, 3, 2 and 1 respectively. These responses were based on positively worded items while the reverse was for the negatively worded items. The average score from coded data (4+3+2+1 =10/4) was 2.50. The findings of the study revealed the potential benefits of fee-based library services for wealth creation which include the provision of high-quality research materials, access to specialized databases, and the development of information literacy skills, all of which are crucial for students and researchers in their pursuit of academic excellence. The findings also acknowledge the need for careful planning and implementation of fee-based library services to ensure equitable access and affordability for all users. Based on the findings, the study recommended underscores the potential of fee-based library services as a means of facilitating wealth creation in higher institutions of learning in Nigeria. By embracing these services, libraries can generate revenue, enhance their resource offerings, and foster a conducive environment for academic and research excellence.