Poultry Farming in Nigeria is probably one of the most lucrative farming businesses you can do in Nigeria especially when it is set up and managed properly. The farmers we currently have are not producing enough poultry and will not be enough even in the next ten years! This aspect of livestock farming presents one of the finest opportunities for entrepreneurs to make good money within the shortest period possible. This is made possible by the quick maturity of chicken. Click Here to get a comprehensive eBook on Poultry Farming in Nigeria.
With over 160 Million consumers in the country who buys poultry products on a daily basis, the market is always here waiting to be tapped. The demand for eggs is so high that people go about every day looking for where to buy eggs for supply.
So, how exactly can anyone who wishes to start poultry farming in Nigeria be able to go about it and come out very profitable? This article will cover a lot of ground, and it is written based on personal experience and continually updated to make sure the information here is as accurate as possible at all times.
SEE ALSO: How to start a small-scale poultry farm
This very post will take a more critical look at the business and how entrepreneurs who are interested in this business in Nigeria could start easily without wasting much time and resources.
Anyone can engage in the poultry farming business, it doesn’t matter their educational or financial background. You can start at any level and grow as big as you want with time. The most important thing is that you are interested in starting somewhere.
This article will focus on how to start small and grow big which I think will interest anyone with limited financial capacity who wants to start small without involving many risks.
One of the factors that make the poultry farming business ideal is that chickens grow very fast. Unlike goats which take 2 to 3 years to mature, a chicken can be ready for the market within 28 weeks from birth. That is why it is considered an ideal business for loan takers who may invest the loan and within 30 to 40 weeks, they may start paying back through the money realized from sales. That is if everything goes well as planned.
SEE ALSO: Feasibility study on Poultry Business in Nigeria
Profit Potential in Poultry Farming Business
1. Chicken Reproduce Fast
The average healthy Layer lays eggs almost every day or at least 4 times in a week. Some Breeds can lay as many as 325 eggs in a year and take 21 days to hatch. This means that technically a Layer is capable of producing another chicken twice in three days.
So, if you have 500 healthy layers of good breeds (such as California white) they are capable of reproducing a whooping 12,000 chicks within 40 days!
SEE ALSO: How To Start a Poultry Farm Business In Nigeria
2. Chicken Grows Very Fast
Within 21 days, the egg is hatched and within 28 weeks, they are ready for the market. That means a farmer may start making his money in just 34 weeks after successfully setting up his farm and whatever returns he makes could be doubled in a year based on this calculation.
3. Chicken Sells at a Very Good Price
A fully grown healthy chicken sells between 2,000 to 2,500 naira in Nigeria. Therefore, if you produce 12,000 chickens on your farm, you will be making N24 million by the time they are completely sold.
4. Egg market is Large too – Apart from the chicken, the egg is another money of its own. A crate of eggs sells for N500 – N550 for smaller eggs and N600 – N650 for bigger ones. Each crate contains 30 eggs. Therefore, if you have 500 layers that produce 12,000 pullets in a month and decide to sell all, you will be making N200,000 to N260,000 monthly.
As you can see, the profit in poultry farming in Nigeria is mouth-watering and the turnover time is fantastic. The big question now is how to get this business started.
SEE ALSO: PDF eBook on Poultry Business in Nigeria
What Your Poultry Business Plan Should Look Like
Draw out your effective business plan. A poultry business plan is like a road map leading you to where you are going in your business. It will help you know where you are at any point in time. Hence your business plan should include:
1. Decide on the Type of Poultry Bird
Here you choose Chickens (Layers and Broilers). We choose chicken because that’s what this article focuses on. Other types of birds are good for livestock business too, such as Goose, Duck, Turkey, etc.
2. Write Down your Area of Interest
You can’t just be in all aspects of poultry farming in Nigeria. You have to choose your area of interest where you would like to concentrate your business. This will ensure a high level of focus and professionalism. If you can do two areas, no problem. Below are some of the major Niches in Poultry Farming in Nigeria or elsewhere.
For more discussion please call/WhatsApp 07036378686 an expert to get started TODAY.
- Layers Breeding which is egg production by Layers
- Broiler breeding which refers to the chicken meat production by Broilers
- Hatchery which has to do with breeding chickens to hatch new chicks
- Poultry feed which produces feeds for other poultry farmers
You may choose to Breed Layers and Broilers at a time or one of them. Hatchery is better done independently just like feed production. So, you choose your area of focus
3. Sort out the Location
This has a direct effect on your startup cost. A location in a very remote rural area will cost far less than one close to an urban area. A remote rural area with a good road is the ideal location as you will be free from regulatory agencies and drive down the cost of labor too.
As a person new to the Livestock business, you don’t want to invest all your capital into buying lands in an urban area that may turn out not being used. Government policy is against setting up poultry farms near residential/urban areas for health implications.
Read Also: How To Start A Pig Farm In Nigeria
4. Secure your Poultry Farm Starting Capital
With the location in mind, you now have a clearer idea of the capital required of you. Write down your detailed capital and investment requirements for your poultry farming in Nigeria venture and set out to source for it.
Like every other farming project, the bigger you plan to start, the more investment is required. You need to decide on the level of capital investment you are willing to commit to this business before starting.
SEE ALSO: How to build low-cost poultry pen for Local Farmers
(a) Small-scale Chicken Rearing (of about 50 birds) kept in cages in the backyard of your resident will take about N70,000 to start.
(b) Medium-scale poultry farming that requires land and housing and other materials in 1 – 2 plots of Land takes about N500,000 to N5 Million to start.
(c) Large-scale or Intensive poultry farming that requires a high level of sophistication and more careful planning and professionalism, using advanced Livestock farming techniques takes from N10 Million.
Setting Up Your Poultry Farming In Nigeria
With your business plan in place, the next is to proceed to set up your farm without delay! At this point, I believe that you already have the money in your hands. So here are the things you need to acquire and put in place.
Before you start your poultry project consider speaking to an expert for guidance, call Michael on 07036378686 for more info…
1. Buy Poultry Farmland
As we said earlier, look for land in a remote location but make sure it’s not too far from the city. A place like Ijebu Ode, Remo Area, Imota in Ikorodu. These places are perfect if you are in Lagos. Other places like Oshogbo after Ibadan isn’t too far too from the major city like Ibadan.
You can get acres of land there for a low price, the cost of land in most cases is determined by the sellers. But we may suggest a price during commenting. So drop your comments below and let’s get the discussion going.
SEE ALSO: How to start a poultry farm on demand
2. Build your Poultry Pen Structure
House is very important for chicken rearing and effective keeping and management. Poultry housing is classified according to the scale and the management system. The most common types of poultry housing used for poultry farming in Nigeria are:
• Deep litter-
• Half litter and half slats –
• Battery –
• Semi-fold –
3. Buy Day Old Chick
Look for a good Hatchery where you can get healthy day-old chicks to start with. It costs from N140 to N200 sometimes up to N300.
A new poultry farm populated with day-old-chicks |
4. Items you Need for Poultry Farm
Feeders, Drinkers, Perches. Nests, Crates, Lighting system, Waste disposal system, Incubator, Heater or brooders, Egg tray, Cages, and coops.
What’s Next…
I wish to inform you all who have been waiting for our Brand New eBook on Poultry Farming in Nigeria that the eBook is now ready and contains everything you need to know to build a good poultry farm in Nigeria. It is the best eBook on Poultry farming in Nigeria and is currently a “bestseller”.
In this eBook, you will discover:
1. Types of poultry breeds that are most suitable for poultry farming.
2. Poultry house construction types and procedures according to your need.
3. Different kinds of poultry diseases, their causes, and their effective treatment and control.
4. Chicken Nutrition, Feeding formulas, and the types of chicken feeds that are most desirable to your birds.
5. Poultry farm equipment, Hatching and raising chicks, Hatching using brooding hens, Artificial hatching, etc…
The eBook contains so much more than I’ll be able to include here. It’s fully loaded and worth every penny of your investment
This poultry farming eBook is “a must have” eBook for every serious poultry farmer/investor in Nigeria who is serious about making a profit in the business. In addition, it contains a sample Business Plan.
Click Here to get the comprehensive eBook on Poultry Farming in Nigeria.
Join other poultry farmers who have made our Poultry Business eBook their companion towards starting their poultry farms and managing them effectively.
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