This paper is an attempt to document the preservation of information resources in academic libraries. After the introductory part the paper begins by explaining the rationale for preserving information resources in academic libraries. The preservation of both print and non-print information resources were well explored. Factors for considerations in preserving information resources like policy, fund, skilled labour, infrastructure and management support were explained so that they could be simply understood. The study suggests that universities offering library science programs should consider making the subject of preservation compulsory so that every librarian could have skills on how to preserve the library information resources. The study further recommends that modern preservation strategies need to be adopted by all libraries in order to safely guide the information resources for current and future generation.