How to Start a Profitable Poultry Farming Business in Nigeria - A Step by Step Guide


How to Start a Profitable Poultry Farming Business in Nigeria - A Step by Step Guide

Agribusiness is thriving in the Nigerian market these days, and it is a sector that will be around for a long time. In the current Nigerian market, poultry farming is one of the fastest growing and successful businesses. Also, poultry business is the best option for agribusiness aspirants and any profitable poultry business in Nigeria.

Poultry farming is defined as "the commercialization of many species of domestic birds for the production of meat, eggs and feathers". Although raising chickens is profitable, many people fail due to lack of basic knowledge and business concepts.

Poultry farming has a long history in the Nigerian market, and there are opportunities for profit in this sector. We have researched it and created some important tips to improve and master the art. Poultry farming can be defined as the process of raising different birds such as chickens, turkeys, emus, ducks, geese, etc. for their eggs or meat.

It is something that has been practiced in Nigeria for a long time so that it has become an important part of the agricultural and farming system.

Poultry farming can be considered as one of the most lucrative business ideas in Nigeria today. It does not require a lot of money to start because you can start from the comfort of your home if you have enough space to take the number of birds you want.

How to Start a Profitable Poultry Farming Business in Nigeria 

Poultry Farming in Nigeria

Demand for livestock products, including chicken, is increasing rapidly in Nigeria and across Africa due to population growth and urbanization. Poultry farming is one of the fastest growing sectors of the agricultural industry in Nigeria.

Nigeria's poultry industry reached over 5.2 billion in 2023.

In terms of market share, Nigeria's textile production is the largest in Africa, followed by South Africa. Nigeria banned the import of chickens (except day-old chicks) in 2003, which stimulated domestic poultry production. Nigeria's poultry sector is highly fragmented, with most chickens being raised in "backyards" or on farms with fewer than 1,000 birds.

Among all types of poultry (chickens, turkeys, geese and ducks), chickens are the most common because farmers get a lot of chickens, whether eggs for food or meat for breeding. High consumption of final products; Chickens and eggs are in constant demand in the market and even in households in Nigeria today which makes raising poultry very profitable as it is a powerful source of animal protein, except for fish, pork and beef. How to Start a Profitable Poultry Farming Business in Nigeria 


How to Start a Profitable Poultry Farming Business in Nigeria

How to Start a Profitable Poultry Farming Business in Nigeria - A Step by Step Guide

Are you planning to start your own poultry farm? If so, you must go into this business well prepared by considering all its aspects. From setting up basic equipment to raising birds and marketing your business, you need to take every step wisely.

Various poultry farming such as duck farming, chicken farming, quail farming, turkey farming, emu farming, meat farming, etc. However, the underlying principles and practices are the same.

Below are 5 important steps you must follow to start a profitable farming business in Nigeria.


1. Select the Type of Poultry Bird to Rear

Before you start your poultry business, it is important to have a clear idea about the type of poultry you will keep (especially, the type of poultry that lays eggs).

In Nigeria today, apart from locally raised chickens, there are two main breeds that are common among poultry farmers.

Broilers - Young males and females reared for meat. They come from 40 g are most likely to be a larger load of approximately 1.5 to 2 kg and just six weeks.

Layers - Chicken for the production of business and kill meat. Breeding chickens are bred from one day. They start laying eggs at 18-19 weeks and continue until they reach 72-78 weeks.

Cockerels - Like broilers, chickens are intended for meat production and have a special market but their growth is slow, unlike broilers which grow quickly. Chickens can live in many places.


2. Look for a Suitable Location / Farm Site

The location of your poultry farm is very important to your business. To start a poultry farm, you need a farm. The amount of poultry land will be determined by the number of birds you want to keep. If you have enough land in your garden and cannot afford a new site, it is best to start small. You can start with what you have, but make it a priority to get a better farm as soon as you can.

A good place to raise chickens should be away from the hustle and bustle of the city. It should be a quiet and unpolluted place. The farm should have adequate, clean and fresh drinking water nearby. In addition, the site should be free of predators such as foxes and leopards. The location should be easily accessible from major roads to facilitate the transportation of the crop when it is ready for sale.


3. Provide a Good Housing and Shelter for the Bird

When it comes to raising poultry, housing is the next important thing after getting a farm. Proper poultry housing is essential to the safety and survival of your commercial poultry. The home order is completely dependent on chicken type and farming system. Schedule stores such as a variety of forms of a poultry.

The house to be built must be large enough to allow the birds to run freely. Adequate storage areas will be raised to prevent the risk of flooding. It will be a wide area that allows movement and flight of birds. In addition, the shelter must have adequate ventilation and be protected from the sun.


4. Provide Adequate Feeds and Medicines for the Poultry Birds

For commercial poultry production, good quality, nutritious food is very important. Good food and care make the bird always healthy and productive. Food is always kept clean and dry, as contaminated food can infect poultry. 

Fresh, healthy and nutritious food is the key to success in poultry farming. Your bird should not be dehydrated. Not having enough water can stunt their growth. Proper medication and vaccination can prevent many poultry diseases. As a poultry farmer, you must have a veterinarian who can come and check on your birds when needed. 

There are various drugs and vaccines that help keep your bird healthy to protect them from viruses and bacteria, possibly causing infectious diseases.


5. Marketing and Selling Poultry

Poultry farming is a profitable business and the desire of every poultry farmer is to get a good market after every harvest. Therefore, you should pay attention to the marketing and sales of your business.

Don't get so caught up in the operational side of your business that you neglect the business side. However, these ideas can help you in marketing and selling your chickens; put your business online, sell hotels and restaurants, advertise your products, hire vendors, home delivery, etc.


Cost of Starting a Poultry Business

Many new businesses require a large amount of business capital, which is beyond the reach of most business owners. A typical startup business also takes a long time to generate a return on investment. 

In contrast, a small poultry business has low start-up costs and quick returns. You can start with as little as N80,000 (basically to cover the cost of buying day old chicks and feeding them) and get 100% return on your investment within six months. And because chicks only take 21 days to hatch, you can start making money just three weeks after you start. No other company can provide such a fast turnaround.

 How to Start a Profitable Poultry Farming Business in Nigeria 

Advantages of Poultry Farm Business in Nigeria

Starting a poultry business has several advantages. As a result, many farmers choose to invest in this company. You can start with little money. The best thing about raising chickens is that it doesn't require a lot of money to start. To start producing poultry, you just need money.

In addition, many types of poultry, such as chickens and chickens, are not expensive to care for.

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No Additional Privileges are Required

Unless you intend to start a business, raising poultry does not require a lot of space. With one or more chickens or cages, you can raise birds in your garden. Therefore, if you are interested in raising poultry, you can start with a few birds in your garden.


High Returns in a Short Period of Time

Surprisingly, commercial poultry companies promise to get a huge return on investment in a very short period of time. Few chickens, such as broiler chickens, grow and gain profit in a short period of time. Poultry products are sold cheaply. Most people can afford it.


It doesn't Need a lot of Maintenance

Buildings for poultry farms do not require much maintenance. Also, cleaning and proper care can help reduce disease in chickens. Some poultry birds, such as quail and turkey, have few diseases. No license required:

It should be noted that in most cases no license is required. Because almost all poultry is domestic. Getting permission from the appropriate government is also easy for poultry.


Big Global Demand

Poultry provides fresh and healthy food and is in demand around the world. Because of their nutritional value and freshness, chickens are enjoyed by consumers worldwide.


Marketing Made Easy

It is easy to buy poultry products. Almost everywhere in the world there is a good market for chicken products. Hence, you can sell those items in your local market. Earn money and job opportunities:

Poultry farming generates income and employment opportunities. Educated and unemployed youth can earn a living by farming chickens for commercial purposes. Both women and students can work in this company.


Easy to Get bank loan

Almost all banks offer these types of business loans. So, if you want to start a poultry business, you can apply for a poultry loan from your local bank. New and Modern Poultry Farming Systems


Final Thought 

Commercial poultry farming in Nigeria has created and continues to create business opportunities for entrepreneurs and can be a good source of job seekers. Many entrepreneurs choose to create day-old chicks and sell them to breeders, because this option is easy and risky. However, the choice is yours.

As a business owner, you need to get your business cash right at the start and at the heart of these profitable business opportunities in poultry farming is a platform, such as our online invoicing software that helps you easily track cash and Your business expenses properly. .

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