The purpose of this paper is to investigate the possible content of IG (Information Governance) framework for implementation in Nigerian universities so that emphases should be on the areas discovered by the study when planning for the framework for better information management in the universities. A qualitative research using case study approach on two Nigerian public universities using semi-structured interview technique was used to elicit data from stakeholders in records and information management systems (RIMS) regarding the research topic in the case study universities. Qualitative research analysis software ATLAS-ti 7.0 was used to aid the data analysis. Finding of the study suggests that IG implementation could alleviate enormous challenges of records and information management in the universities. Similarly, all issues regarding RIMS, personnel, technology, increase in the university population should be spelt out explicitly in the IG framework. The study offered recommendation for records management professionals and IG researchers to consider this research and articulate the views and experiences of stakeholders in RIMS regarding the four IG components explored.