This study examined financial resource situation as correlates of academic staff job performance in universities in Southwest Nigeria. A descriptive research of the survey design was used to carry out the study. The population for the study consisted of all students and staff in all the public universities in Southwest Nigeria. The research utilized two sets of instruments titled ‘Academic Staff Job Performance Questionnaire’ (ASJPQ) and ‘Allocated Funds and Academic Staff Job Performance Questionnaire’ (AFASJPQ) for students and academic staff respectively.