Ageing population has become a major concern especially in developing and middle income countries that are experiencing rapid shift from high mortality and high fertility to much reduced fertility and greater longevity. Nigeria has the highest number of elderly people in the sub-Saharan Africa. Available records show that elderly population in Nigeria will increase from 6.4 million in 2005 to 11.5 million in 2025 and 25.5 million in 2050. With this scenario coupled with the unpreparedness of the Nigerian Government to cater for the elderly population is the background on which this paper is based. In view of this, this paper critically examined the perception of old age in the traditional setting and what it is now including the changing family structure. The paper also x-rayed some psychosocial challenges faced by the Nigerian ageing population as well as Nigerian policy issues on ageing. The paper concluded by looking at ways by which the aged can be catered for by every stakeholder and integrated into national development process thereby giving them a sense of belonging. Implications for counselling practice were also discussed.