This paper provides a comprehensive overview of Nigeria’s water landscape, focusing on its abundant surface and underground water sources and the agencies responsible for water resources development and management. Findings reveals that the country boasts vast freshwater reserves, encompassing surface and groundwater, intricate river drainage systems, numerous dams, and managed aquifer formations, primarily overseen by River Basin Development Authorities. Despite these resources, Nigeria faces severe pollution challenges, especially in the Niger Delta, resulting from oil-related activities and causing environmental degradation, health crises, and enduring ecosystem consequences. Approximately 13 million barrels of oil spills have adversely impacted coastal wetlands, mangroves, and agricultural lands. Elevated levels of heavy metal pollution, exceeding recommended guidelines, pose significant threats to public health, emphasizing the lasting impact of persistent oil spillage on fishery production and aquatic organisms. River Basin Development Authorities have made substantial contributions, challenges persist in catchment management and the indiscriminate disposal of hazardous substances. The absence of effective environmental policies necessitates urgent, coordinated action from federal and state governments. Nigeria must prioritize integrated water management practices to strike a delicate balance between resource utilization and preservation for the benefit of current and future generations. This manuscript relies on secondary sources, utilizing key search terms such as “water resources in Nigeria,” “water pollution in Nigeria,” “water supply and demand in Nigeria,” “water management in Nigeria,” and “integrated water practices in Nigeria.” Data were sourced from reputable institutions, including the Federal Ministry of Water Resources, The World Bank, United Nations Environmental Protection (UNEP), USAID’s Sustainable Water Partnership, and various scientific publications, ensuring the reliability of the presented data.