Abstract: This study investigated personnel and physical resource utilization in government-owned and financed primary schools in South West, Nigeria. The descriptive research design carried out Ex post facto was adopted in the study. The simple random sampling technique was used to 55 head teachers used for the study. Data obtained through a data collection format were subjected to statistical analysis to determine the Time Utilization Rate (TUR), Space Utilization Rate (SUR), Globar Utilization Rate (GUR) and Pupil Teacher Ratio (PTR). The Pearson product moment correlation coefficient was used to test the hypothesis raised at 0.05 level of significance. Findings from the study revealed that more qualified teachers and more female teachers were concentrated in the urban schools. The study also found out that over 50% of the school buildings in rural areas are in bad state, whiles some good buildings in the rural areas were not put into effective use. Library and laboratory facilities were found to be grossly inadequate. The study also found out that although there is a higher level of consistency in the distribution of teachers in the urban centers, teachers were grossly underutilized as manifested in low PTR. In view of the above, there is the need to reactivate people�s confidence in public schools through making the schools to the `child-friendly`. In addition, teachers should be fairly distributed among schools on the basis of sex, qualification and location.