Share Shares Are you a Nigerian looking for something to do as business or you just graduated from the college and you are still waiting for that white collar jobs in Nigeria where you can knot tie and put on that corporate suit and jacket everyday? Well let me introduce you to a business that is fast yielding profit, not just a little one but profit that you can conveniently rely on.
Share1 Shares Poultry Farming in Nigeria is probably one of the most lucrative farming business you can do in Nigeria especially when it is setup 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 opportunity for entrepreneurs to make good money within the shortest period of time possible. This is made possible by the quick maturity of chicken.
With over Million consumers in the country who buys poultry products on daily basis, the market is always here waiting to be tapped. 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. How to start small scale poultry farm 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.
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 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 healthy layers of good breeds such as California white they are capable of reproducing a whooping 12, chicks within 40 days! 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.
Therefore, if you produce 12, chickens in your farm, you will be making N24 million by the time they are completely sold. A crate of eggs sells for N — N for smaller eggs and N — N for bigger ones.
Each crate contains 30 eggs. Therefore, if you have layers that produces 12, pullet in a month and decides to sell all, you will be making N, to N, 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? 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: 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.EXECUTIVE SUMMARY Poultry farming business is a business that has to do with the production of eggs through raising of poultry birds. Poultry business is one broad industry that has many sectors and subsectors under it. Evaporative media test chamber Evaporative pads, used on poultry or livestock buildings, require scheduled routine maintenance to remain effective.
General Information If you wish to submit a Poultry Protein & Fat Council research proposal, please go here to access the correct format.. The U.S. Poultry & Egg Association is dedicated to the growth, progress, and welfare of the poultry industry and all of its individual and corporate interests.
Food Sector Category - Hold down Ctrl + Click to select multiple items. Poultry production in Nigeria is one of the most profitable business ideas in Nigeria especially when it is managed properly. With over million citizens who consume poultry products daily, poultry production is a business niche still waiting to .
Due to popular demand, we have prepared a robust eBook on How to start poultry business in Nigeria. In this.