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How to Start Profitable Poultry Farm in Nigeria
Poultry Farm in Nigeria is probably the most profitable farming business you
can do especially when you managed your farm properly. The farmers currently
have not produced enough poultry or egg in the market, and it will not be enough
quantity even in the next ten years.
The business idea of poultry farm presents one of the finest opportunity for chicken
farmers to make good money within the shortest period.
With over 186 Million population, over 85% people in Nigeria are buying poultry
products on daily basis, the market is always here waiting to be developed. The
demand for eggs is so huge that people go around everyday looking for the place
where they can buy eggs for supply.
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Also Read:Deep litter or cage system? Which gives the most profit on investment?
So, can anyone start a poultry farming in Nigeria? What exactly to do and how to
come out very profitable? 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 potential farmers, 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.
Let us firstly 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 livestock that takes 2 to 5 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.
Also Read:The Critical things you have to consider if you want to go into Poultry Farm!
1. Chicken Reproduce Fast
Average healthy Layer lays egg almost everyday or at least 5 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 Hyline or Lohmann 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?