FrontHow to start profitable poultry farming in Nigeria
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Paradise Thu 21 Dec 2023, 4:58 pm
Poultry farming in Nigeria is probably one of the most profitable farming businesses you can do in Nigeria, especially if properly set up and managed. Today's farmers aren't producing enough chicken, and they won't be producing enough chicken within the next 10 years.
This aspect of animal husbandry offers the entrepreneur one of the best opportunities to earn a large amount of income in a short period of time. This is possible due to the rapid maturation of chicken meat.
Domestically, more than 160 million consumers purchase chicken products every day, and the market is alway waiting to be exploited.
The demand for eggs is so great that people are looking for eggs every day to supply eggs.
So, if you want to start poultry farming in Nigeria, how exactly can you start farming and reap big profits?This article will cover many topics.
It is based on personal experience and is continually updated to ensure that the information contained herein is always as accurate as possible.
In this post, we will take a more critical look at business and explain how entrepreneurs interested in this business in Nigeria can easily start one without wasting much time and resources.
Anyone can participate in poultry farming, regardless of education or economic background.
You can start at any level and grow as much as you like over time.
The most important thing is that you're interested in starting somewhere.
This article focuses on how to start small and grow big.
I think this will be of interest to anyone who wants to start small with limited funds and without taking too many risks.
One of the things that makes poultry farming ideal is that chickens grow very quickly.
Unlike a goat, which takes 2-3 years to grow, a chicken can be marketed at 28 weeks old.
This is why it is considered an ideal deal for borrowers who can invest their loan and start repaying the proceeds from sales within 30 to 40 weeks. Assuming everything goes according to plan.
Earning Potential in Poultry Farming
1. Chickens breed quickly.
The average healthy laying hen lays eggs almost every day or at least four times a week.
Some breeds lay up to 325 eggs per year, which take 21 days to hatch.
This means that technically, a laying hen can lay two different chickens in his three days.
Therefore, if you have 500 healthy laying hens of a good breed (such as California Whites), you can produce a whopping 12,000 chicks within 40 days.
2. Chickens grow very quickly.
eggs he will hatch within 21 days and be marketable within 28 weeks.
This means that after a farmer successfully establishes a farm, he can start earning profits as early as 34 weeks, and according to this calculation, the income a farmer generates will double in one year.
It means there is a possibility.
3. Chicken Sells at a 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 on your farm, you will be making N24 million by the time they are completely sold.
4. Egg market is Large too – Apart from the chicken, the egg is another money of its 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 produce 12,000 pullets in a month and decide 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 turnover time is fantastic. The big question now is how to get this business started.
2. Chickens grow very quickly.
eggs he will hatch within 21 days and be marketable within 28 weeks.
This means that after a farmer successfully establishes a farm, he can start earning profits as early as 34 weeks, and according to this calculation, the income a farmer generates will double in one year.
It means there is a possibility.
3. Chicken Sells at a 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 on your farm, you will be making N24 million by the time they are completely sold.
4. Egg market is Large too – Apart from the chicken, the egg is another money of its 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 produce 12,000 pullets in a month and decide 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 turnover time is fantastic. The big question now is how to get this business started.
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