Return on investment on journal subscription in Polytechnic libraries in the Era of Technology in Nigeria Return on investment on journal subscription in Polytechnic libraries in the Era of Technology in Nigeria Section Articles

Abstract

In the digital age, polytechnic libraries in Nigeria are challenged to justify expenditures on journal subscriptions amidst shrinking budgets and increasing access to open-access scholarly resources. This study investigates the return on investment (ROI) for journal subscriptions in Nigerian polytechnic libraries during the technological era. Using quantitative methods, data were collected through structured questionnaires and library usage records from five polytechnics across Nigeria. Descriptive and inferential analyses were employed to assess usage rates, cost-effectiveness, and user satisfaction. Findings revealed low utilization rates compared to subscription costs, limited awareness among users, and significant technological barriers. The study recommends improved digital infrastructure, user training, regular subscription evaluation, and promotion strategies to maximize ROI and ensure that libraries remain relevant and cost-effective in delivering scholarly content

Keywords: Return on investment, polytechnic libraries, journal subscriptions, technology.