A few months ago, I had a discussion with a business partner who was asking about how to start a poultry farming business in Nigeria.
One of the most lucrative business that anyone can invest in, the poultry business is becoming more popular than it was decades ago.
Poultry farming is the raising of domesticated birds (chicken, turkey, geese, duck, etc.) for commercial reasons and/or for personal use. However, a poultry business can be described as the path toward raising distinctive local birds like turkey, chicken, ducks, emu, geese, etc. for their eggs or meat.
This has been a common practice in Nigeria for so long that it has become an essential component of the developmental and agricultural structures.
This article answers the question of how to start a profitable poultry farming business in Nigeria.
Poultry farming is a profitable yet risky enterprise. Profitable in the sense that the final product, chicken and eggs, are in high demand across the country, and it also happens to be a good source of animal protein in addition to fish, hog, and cattle.
It is also one of Nigeria’s most profitable business ideas in Nigeria right now. It does cost a lot to start a poultry farming business in Nigeria.
This is because you can start this business from home.
If you have the space to take the number of birds that you require of course.
Poultry Farming in Nigeria
Because of population growth and increased urbanization, there is a growing need for food, notably poultry, in Nigeria and across Africa.
Poultry farming still is one of Nigeria’s fastest-growing divisions of the agricultural industry.
Did you know, in terms of market size, Nigeria has the largest egg production in Africa? Followed by South Africa.
Nigeria restricted chicken imports (with the exception of day-old chicks) in 2003, spurring growth in domestic poultry production.
The Nigerian poultry region is extremely fragmented, with the majority of chicken farmed in ‘yards’ or on poultry farms with fewer than 1,000 birds.
Among a wide range of poultry development (birds, turkeys, geese, and ducks), chicken is the most famous because farmers acquire an unfathomable number of chickens on a daily basis, either the egg or the growing meat.
The extreme usage of the end product; chicken and egg is in predictable interest in the business place. This also occurs in various houses in Nigeria nowadays. It all adds up to make poultry development profiting.
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Why is the Poultry Farming in Nigeria Profitable?
- Market Preference: Because many people prefer white meat to red meat, the demand for chicken goods has become a viable business option for many people.
- Ready market: These items have a ready market since everyone, young and old, wealthy and poor, eats chicken items.
- Return on investment is quick: Investing in a day-old chick has the potential to provide a big profit in 45 days.
- The initial outlay of funds: When compared to other ventures, the initial capital is modest. With as low as 50,000.00, you may start with roughly 100-day old chicks and sell fully grown chickens or eggs in less than two months.
5 Easy Steps To Start a Poultry Farming Business In Nigeria
At this point, it is true to say that you want to start small scale poultry farming in Nigeria.
If this is the case, you should be well prepared to enter the business by considering the sum of its points. From setting up some basic equipment to growing the birds and advertising your business, you must proceed with caution at all times.
Poultry farming is classified into several types, for example, duck raising, chicken raising, quail raising, turkey raising, emu raising, broiler raising, and so on. Regardless, the conventions and basic transactions are the same things.
Follow the steps below on how to start a profitable poultry business in Nigeria.
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1. Choose The Type Of Poultry Bird To Rear
Before you start your poultry breeding venture, you need to have a clear idea of what sort of chicken breeds you want to create (most importantly, poultry breeds that lay a huge load of eggs).
Along with privately manufactured chickens, there are two large varieties that are common among poultry breeders in Nigeria today.
- Broilers: Chickens that are raised for meat purposes. They create from a brood weight of 40 g to a heap of around 1.5 to 2 kg inside about a month and a half specifically.
- Layers: Hens are utilized for commercial egg production and then slaughtered for meat. Layer hens are reared from the age of one day. They begin producing eggs at the age of 18-19 weeks and continue to do so until they are 72-78 weeks old.
- Cockerels: Cockerels, like grills, are used for meat production and have a high market demand; yet, their development is notably gradual, in contrast to stoves, which become quite rapidly. Cockerels can survive in a variety of environments.
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2. Select A Suitable Farm Location
The location of your poultry farm is critical to the success of your business. A farm site is required to begin raising poultry. The size of the poultry field should be limited by the number of birds to be raised.
If you have enough land at your deck and can’t bear the thought of obtaining another location, it’s best to start with that and profit from the poultry business in Nigeria.
A good location for a chicken farm should be distant from the city’s noise and bustle. It should be a peaceful, pollution-free atmosphere. The property should be close to appetizing, wonderful, and fresh drinking water sources.
Furthermore, the site should be clear of poultry enemies and trackers such as foxes, untrained and unfriendly dogs, etc. The site should be successfully open from main roadways to cooperate with the delivery of agricultural items when they are placed for free purchase.
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3. Provide Good Housing And Shelter For The Birds
In terms of poultry development, the next crucial aspect after acquiring an estate land is housing. A proper poultry house is essential for the security and survival of your commercial poultry animals.
The housing structure you choose is entirely dependent on the poultry breeds and development plan. The design of the housing varies depending on the sort of chicken growing process used.
The home to be erected should be large enough to allow for the birds’ free movement and turn of events. Covers should be elevated sufficiently to avoid flooding. It should be large enough to allow for the unfettered turning of events and running of the birds.
Likewise, the shielded dwelling should be appropriately ventilated and light-protected.
4. Feeding and Medicating the Poultry Birds
Extraordinary quality, very nutritious food is an absolute requirement for commercial chicken production. High-quality, smooth feeds maintain the bird sounding consistent and worthwhile.
Because tarnished feed may corrupt birds, it should be maintained clean and dry on a consistent basis.
The greatest way to succeed in the poultry development industry is to provide new, high-quality, and nutritious food. Your birds do not require water. Inadequate water availability might inhibit their course of events.
Genuine treatment and immunization can help to prevent a variety of chicken diseases. As a commercial poultry farmer, you must have a veterinarian professional on hand to keep an eye on your birds when the need arises.
There are various routine prescriptions and vaccines that contribute to the strength of your birds in order to protect them from diseases and bacterial pollutions. This is in case they contract a powerful abnormality.
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5. The Poultry Bird Marketing and Sales
Chicken development is a profitable industry, and every poultry farmer desires to create satisfying agreements after each purchase. As a result, you must concentrate your efforts on the growing and planning aspects of your organization.
Do everything it takes not to be so caught up in the operational side of your firm that you reject the business perspective.
Regardless, the following ideas may assist you in the advancement and planning of your chicken; taking your business web, providing to motels and eateries, promoting your stuff, using sponsors, home movement, and so on.
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How Much Does it Cost to Start Poultry Farming in Nigeria?
Various new organizations necessitate a significant initial outlay, which is out of reach for the majority of business visionaries. A typical new business also saves time and effort in conveying an advantage from your attempt.
Surprisingly, a small-scale chicken company offers a manageable start-up cost and rapid profits.
You may start with N50,000 (which simply covers the expense of buying day-old chicks and caring for them) and receive a 100% return on your capital just within a half year.
Furthermore, because chicks hatch in only 21 days, you may begin generating a profit three weeks after you begin. No other company or business can provide such a quick turnaround.
Starting a poultry business in Nigeria is a profitable business and can provide an unparalleled employment source to job seekers and the employed.
Most company visionaries choose to produce day-old chicks and sell them to cultivators because it is a simpler and more secure option. In any event, the decision is entirely up to you.
However, if you must make a profit in the business, the above steps are all you need to ponder.