How To Start A Poultry Farm Business In Nigeria
Introduction to poultry farming business proposal – “Poultry farming is a lucrative agriculture business in Nigeria” this was the first statement I saw in an agricultural hand book.
Truth to that statement, agriculture has continued to be lucrative, this gives reasons to why so many college graduates without jobs go into this type farming in order to sustain themselves.
In the 60s and 70s, agricultural produce where the main stay of Nigeria’s economy, no thanks to the discovery of oil in a commercial quantity. In those days, it was estimated that 70% percent of Nigerians were into farming of all sorts, from crops, livestock etc…. although we are getting back to the trend of farming once again, that is why you have fish farmers and Pig farmers in large numbers.
One fact that is yet to be disputed is that on a daily basis, thousands of poultry products bought for consumption by different customers, the demand for edible birds has remained insatiable over long period of time, our forefathers ate these creatures and the people before them, even in the bible days, these birds were preferred by most people.
Due to the large and unquenchable demand for these poultry products, a higher percentage of Nigeria’s poultry products are imported from other countries, and you know the interesting part is that it is still not enough, these imports of poultry products has never at any time marched the local market demand.
The profitability of poultry farming in Nigeria has not been question, in fact, I am yet to see those who complain about the business not being profitable, how can it not be profitable when both imported and local poultry production is enough for over 180 million to 200 million people, question you should be asking is how much does it cost to start a poultry farm in Nigeria? Your questions will surely get its answers.
I once saw in a feasibility study on poultry farming in Nigeria, on the study, it was estimated that about 160 million Nigerians out of our estimated population of about 180 million to 200 million people consume poultry products which includes the following
- Chickens
- Turkey
- Eggs
- Chicken shit for manure etc
Every part of the poultry business has its worth, even the “shit” are sold for a price to crop farmers. This implies that any type of poultry farming you engage in, even if it is the layers poultry farming, it is as well lucrative.
There are huge financial rewards and also opportunities in poultry farming even for beginners. Financial projection from our poultry farming in Nigeria manual show that the business is highly profitable in different ways.
How To Start A Poultry Farm Business In Nigeria
When analysis how to start a poultry farm business in Nigeria, here are things you need to put into perspective first;
Writing a Business Plan – Truly, writing a business plan for your business is not over rated in anyway, if anything, it should be the first thing to do.
Scout for location – You know that at least a poultry farm should be well located, having one in public compound might breed trouble for you. You can site yours in a safe but accessible location, if you can deal with the stench, you can have yours in your personal yard.
Identify Your Products – It doesn’t just stop at knowing how to start a poultry farm business in Nigeria, do you know what your products are? Quickly identify your product options, it can include live chicken, eggs, manure from your chicken shit etc.
Target Markets – Poultry farming business has a large target market for you to explore, all that is required is to have a thorough research on who the markets are, below are the example of market to look out for;
- Individuals families which are more in number.
- Hotels, most hotels rely on poultry farms to supply them with their chicken, eggs for their meals.
- Restaurants businesses, this is without doubt the most regular customers you should target, restaurants are the highest buyers of poultry products.
It is easy to understand why the opportunities existing in poultry farming are much; the keyword here is explored in order to enjoy the benefits that come with farming birds.
Go here o get the full Poultry Farming Business Plan In Nigeria Feasibility Study
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