In the pursuit of a progressive and equitable Nigeria, the role of information access and knowledge dissemination cannot be overstated. Community libraries, as grassroots institutions occupy a critical position in bridging the developmental gap in rural and urban communities. This paper explores the transformative potential of community libraries in revolutionizing socio-economic realities and fostering national development. This paper presented community libraries in Nigeria as provider of inclusive access to educational resources, digital literacy, civic knowledge, and lifelong skills, which empower individuals across age, gender, and socioeconomic lines Community library as revealed in this paper serve not only as learning centers, but also as hubs for innovation, youth engagement, cultural preservation and democratic participation. The paper also maintained that community libraries in Nigeria face significant challenges such as poor funding, inadequate infrastructure, limited professional staffing, and low public awareness which are their constraints. The paper recommended renewed investment, policy integration and community involvement to reposition them as catalysts for the development and sustenance of a new Nigeria, which is informed, inclusive and future ready.