Poverty is prevalent among all segments of the Nigerian population. The nature of poverty among mankind makes it important that it deserves alleviation to improve livelihoods among all so that improved living will be constantly sustained. Sustainable livelihoods approaches are being used as andoptic' through which poverty can be better understood, and development options prioritised. This paper takes a cursory look at the concept of poverty, its alleviation, sustainable livelihoods among peasant farmers and strategies for improving their efficiency through grassroots mobilisation and group movement in the realisation of these goals for the survival of man