Curtailing rural poverty remains a major challenge in a developing country such as Nigeria. Rural poverty can be reduced when there is favourable cash flow of income per capital in the rural societies. Interestingly, this rural poverty could be minimized when the income opportunities are improved. Laudable development programme would be necessary and important but in most content is not enough to lift all poor rural populaces out of poverty in the country. Non-farming opportunities can bridge this gap in finding better ways for rural improvement and development. Iliwe Aku (livestock renting) is a traditional concept in Igboland that has been utilized by our great fathers in reducing rural poverty but has been abandoned for decades by the present generation. This research study has in mind to reinvigorate “Iliwe Aku (livestock renting) concept” to enhance rural economy and development therefore reducing rural poverty to an extent. The research study will examine the factors relating to Iliwe Aku (Livestock renting) concept in Igboland and its reforms. Importantly, this research study will bring to limelight and showcase traditional institution of Iliwe Aku (livestock renting) concept to the poor rural populace for renaissance. Also, the concept will significantly help in poverty alleviation when implemented on the proposed families and communities.
Keywords: activity, aku”, alleviation, areas, baseline, concept, livestock, nigeria, poverty, reconsideration, renting, rural, traditional, “iliwe