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The study was conducted to analyze the impact of keeping livestock on poverty among farm households in Nigeria as a contribution towards finding a panacea to the poverty plague in the agricultural sector. The study used secondary data obtained from the Nigeria living Standard Survey data conducted in 2009/2010. Data were analyzed using descriptive statistics, Forster-Greer-Thorbeck poverty measures and Propensity score matching. Results showed that 90% of the households were headed by males, 54% had household sizes of 1-4 and 79% were within the active productive age of less than 60 years while 62% had no formal education. About 96% were married whereas only 18.83% of the married household heads engaged in polygamous marriage. As high as 95.6% of the respondents had less than ₦99,999 in livestock value. 1.5% owned between ₦100,000-₦199,999 while 2.9% owned ₦200,000 and above worth in value. The incidence, gap and severity of poverty were least among respondents with between ₦100,000 and ₦200,000 worth of livestock. The impact of owning agricultural equipment, land and livestock increased incomes of such households by ₦3, 677.44. Hence, the impact of keeping livestock reduced poverty incidence by 33%. The study recommends a reorganization of the existing farming systems being practiced in Nigeria. This will be aimed at encouraging the farm households to incorporate some livestock enterprises into their farm business organizations since the ownership of livestock significantly minimized the chances of the farmer being poor.

Does Livestock Keeping Reduce Poverty Among Farm Households In Nigeria?