It is presumed that Nigerian students and teachers have been unable to find effective ways to use technology in the classroom and other aspects of their teaching and learning. Yet, considerable debate remains over the most efficient techniques and procedures to measure students and faculties information technology and information systems (IT/IS) use. In most developing countries, the challenges associated with carrying out IT/IS measurements are different from those in developed countries, as are the methods for selecting appropriate IT/IS content. This study gathered data using a five item demographic variable and a fifty item questionnaire to measure student and faculty academic IT/IS use in one private and one public university in Nigeria. This study is based on the 191 responses received to the questionnaire. The results reveal significant differences between the academic use of IT/IS by students and faculty. This groundbreaking study recommends that universities become valuable and proactive actors in the provision of technology based learning, teaching and research for students and academic staff to foster an effective academic environment aimed at meeting millennium development goals (MDG) for education. This scholarly discourse has implication for researchers, education practitioners, planners, policy makers and government.