The study was conducted on management of internally generated revenue and goal achievement nexus in public Universities in Cross River State, Nigeria. To achieve the aim of this study, two research questions were raised and two hypotheses were formulated to guide the study. Correlational research design was adopted for the study. Population of the study consist of one hundred and fifty-one (151) Heads of Department from two public Universities in Cross River State were selected for the study. The selection which was done through census sampling approach. The instrument used for the data collection was questionnaire titled: Management of Internally Generated Revenue and Universities Goal Achievement Questionnaire (MIGRUGAQ) was developed by the researchers and was validated by two experts in administration in higher education and measurement and evaluation. Data collected were subjected to statistical analysis using Simple linear regression analysis. The result revealed that management of fund generated through alumni association and school fees significantly predict Universities goal achievement in Cross River State, Nigeria.