How To Start Successful Poultry Farming In Nigeria Beginners Guide (Cost & Plan)
9 min read
Poultry Farming In Nigeria Beginners Guide (Cost & Plan).
In my previous article, I shared about Fish Farming in Nigeria and today, I will be sharing the best method to start a successful poultry farming in Nigeria that will be profitable and the cost involved alongside the complete plan for poultry farming in Nigeria.
Poultry farming in Nigeria is one of the most lucrative business in the agricultural sector among entrepreneurs who are fully into Poultry Farming in Nigeria. Thousands of tons of poultry products are consumed everyday yet, the demand remains unsatisfiable. A large quantity of Nigeria’s poultry products are imported into the country. But with this aggressive imports happening, not enough poultry products are available to meet the local market demand.
With over 160 Million consumers in the country who buys poultry
products on daily basis, the market is always here waiting to be tapped.
The demand for eggs is so high that people go about everyday looking
for where to buy eggs for supply.
So, how exactly can anyone who wish 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 time.
This very post will take 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 poultry farming business, it doesn’t matter your
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 articles 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 much risks.
One of the factors that makes poultry farming business ideal is
because chickens grows very fast. Unlike goats that takes 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 ideal business for loan
takers who may actually invest the loan and within 30 to 40 weeks, they
may start paying back through the money realized from sells. That is if
everything goes well as planned.
Profit Potential in Poultry Farming Business
1. Chicken Reproduce Fast
Average healthy Layer lays egg almost everyday or at least 4 times in
a week. Some Breeds can lay as much 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!
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 make could be doubled in a year based on this calculation.
3. Chicken Sells at 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 in your farm, you will be making N24 million by the time they are completely sold.
4. Egg market in Large too
Apart from the chicken, the egg is another money of it’s 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 produces 12,000 pullet in a month and decides 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 turn over time is fantastic. The big question now is
how to get this business started?
Lets now look into about four (4) major reasons poultry farming is a very profitable business in Nigeria and then, we will talk about the poultry business plan later on.
1). Food Is Important To Everyone:
Everyone must feed to stay alive, but a majority of individuals value
poultry products above other types of meals. Poultry animals like
chickens, turkeys, and more feed millions of homes everyday. Their
importance in meals mostly insinuate that people can’t do without them.
2). Poultry Animals Grow Very Fast:
It takes 28 weeks for an average chicken to be fully grown and ready
for market. It also takes 21 days for a chicken’s eggs to hatch. But
with the use of incubators, it takes a lot lesser for chicken eggs to
hatch. Poultry animals in general like turkeys, chickens, guinea fowls,
and more have a fast reproduction and growth rate.
3). Poultry Animals Lay A Lot Of Eggs:
An average layer lays one egg every two days. A farm with 1000 layers
would produce at least 800 eggs a day. The market value for the eggs
are extremely profitable with 1000 layers capable of producing 400,000
Naira ($1,333.4) in sales every month. A larger portion of this birds
would mean an explosive revenue rate.
4). Price For Poultry Products Are Attractive:
The price of poultry products have been on the rise for years. With
an average sized chicken costing at least 2,500 Naira ($8.4), the profit
margin accrued never stops growing. Selling 10,000 chickens in a month
would amount to 25,000,000 Naira ($83,333.4) in revenues generated.
With these lucrative poultry benefits, here is how you should prepare your poultry business plan. This “poultry farming business plan” will ensure your poultry farm turns up profitable in a short period if you put in the right work to it.
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| Poultry Farming in Nigeria |
Poultry Farming Business Plan for a Successful Poultry Farming in Nigeria.
Draw out your effective business plan.
Poultry business plan is like a road map leading you to where you are
going in you business. It will help you know where you are at any point
in time. Hence your business plan should include:
1. Decide on Type of Poultry Bird
Here you choose Chickens (Layers and Broilers). We
choose chicken because that’s what this article focuses on. There are
other types of birds that 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 aspect of poultry farming in Nigeria. You
have to choose your area of interest where you would like to concentrate
your business. This will ensure high level of focus and
professionalism. If you can do two area, no problem. Below are some of
the major Niches in Poultry Farming in Nigeria or elsewhere.
- Layers Breeding which is egg production by Layers
- Broilers breeding which referrers to the chicken meat production by Broilers
- Hatchery which has to do with breeding chicken for the purpose of Hatching new chicks
- Poultry feed which is producing 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 Location
This has a direct effect to your startup cost. A location in a very
remote rural area will cost far less than the one close to the urban
area. Remote rural area with 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 Livestock business, you don’t want to invest all
your capital into buying lands in urban area which may turn out not
being used. Government policy is against setting up poultry farm near
residential/urban areas for health implications.
4. Secure you Poultry Farm Starting Capital
With location in mind, you now have 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 projects, the bigger you plan to start, the
more investment required. You need to decide on the level of capital
investment you are willing to commit into this business before starting.
(a) Small scale Chicken Rearing (of about 50 birds) kept in cages at the backyard of your resident will take about N70,000 to start.
(b) A 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 high level
of sophistication and more careful planning and professionalism, using
advance Livestock farming techniques takes from N10 Million.
Setting Up Your Poultry Farming In Nigeria
With your business plan is in place, the next is to proceed to
setting up your farm without delay! At this point, it is my believe that
you already have the money in your hands. So here are the things you
need to acquire and put in place.
1. Buy Poultry Farm land
Like 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 towards Oshogbo after Ibadan isn’t too far too from the major city like Ibadan.
You can get Acre of land there for cheap price, cost of lands in most
cases is determined by the sellers. But we may suggest price during
commenting. So drop your comments below and let’s get the discussion
going.
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| Poultry farming in Nigeria |
2. Build your Poultry Pen Structure
House is very important for chicken rearing and effective keeping and
management. Poultry housing are 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 –
• Half litter and half slats –
• Battery –
• Semi-fold –
3. Buy Day Old Chick
Look for good Hatchery where you can get healthy day old chicks to start with. It costs from N140 to N200 sometimes up to N300.
4. Items you Need for Poultry Farm
Feeders, Drinkers, Perches. Nests, Crates, Lighting system, Waste
disposal system, Incubator, Heaters or brooders, Egg tray, Cages and
coops.
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