Poultry Farming in Nigeria remains one of the best agricultural businesses you can start with low capital with a huge profit margin. Are you interested in how to start a poultry farming business in Nigeria? Here is a complete guide on how you can start poultry Farming in Nigeria successfully.
What does the Poultry Farming business in Nigeria entail?
The Poultry Farming Business in Nigeria has to do with rearing domestic birds and poultry breeds like turkeys, chickens, quails, geese, broilers, and so on. They are mainly reared for their eggs or meat which is in turn sold for profits or personal consumption.
Is Poultry Farming Business Profitable in Nigeria?
Like all other agricultural business ideas with low capital in Nigeria, poultry farming is a lucrative business idea. As it requires little capital to get started with a huge profit margin. A beginner who intends to venture into poultry farming in Nigeria may not need a huge capital as it can be started at a house backyard. So far, there is spacious land where the poultry house can be erected.
Apart from the fact that the poultry farming business requires low capital, there is a huge profit in the business. Reason being that the poultry product is widely used at different events, hotels, bars, restaurants, and so on. There is a huge demand for meat, cheese, egg, and other dairy products. This makes it easy to make a huge profit after selling these products.
Furthermore, the rearing of poultry breeds is very lucrative as it takes a short period for these breeds to start growing and producing eggs. Unlike rabbits or grasscutter farming and others that take long before you can reap the benefits.
How To Start Poultry Farming in Nigeria
Follow the below-listed steps to start a poultry farm in Nigeria.
1. Research or Training
To set up any Profitable business in Nigeria, you need to at least know how it works. Fortunately, you need more than knowing how a poultry farm works to set up a successful poultry farming business in Nigeria.
Thus, it is very important to make researches before starting your poultry farm. You can visit farmers who are already into it to learn or book training with an expert.
You need to do this much if you want to run a successful poultry farming business in Nigeria. This is because the poultry farming business is very delicate. Whether you will make a huge profit or total loss will be determined by your knowledge. For instance, the bird flu can kill thousands of birds at a stretch if care is not taken. That is why you need a lot of knowledge about the poultry farming business before venturing into one.
2. Selecting Poultry Breed
With adequate research and training, you will be able to figure out the exact type of poultry breed you will like to rear. At this stage, you should be able to choose which Poultry breed you are capable of rearing.
Do you intend to rear broilers or layers or cockerel or quail or even other poultry breeds? Broilers are usually reared for meat production only as a young broiler can grow up to 1 to 2kg within 6 weeks. Unlike layers that are mostly reared for egg production.
You should be able to choose after making your research the types of breeds that will make you the type of profit you want. Here’s a complete guide on Quail farming, you can check if it is what you want.
Once you have made up your mind about the type of breed you intend to rear, the next step is to choose a suitable location.
Depending on your capital, you can choose to start from your house backyard or rent a farm. Whatever location that you choose, just ensure that it has a clean and drinkable water supply. You should also avoid areas where predators like snakes, Leopard, foxes can easily harm your breeds.
Also, you should keep your poultry farm far from residential areas especially because of the odor and noise. Alternatively, you may want to improve the hygiene or sanitation of the area. Lastly, ensure your chosen location has motorable roads to facilitate distribution and selling.
4. Good Housing System
As profitable as the poultry farming business in Nigeria can be, it can also be risky. That is why you need to provide a good housing system for your breeds so you don’t run at a loss. Birds are easily susceptible to infection and other diseases if not well taken of.
You want to ensure that their poultry house is clean and safe for them. And it is spacious for movement and other activities of the bird. Also, it is well ventilated and allows the passage of sunlight. You can check out our article on how to build a poultry house in Nigeria to learn how to build a healthy poultry house for your breeds.
5. Equipment, Food, and Medication
There are many poultry equipments and other general farm tools that you will be required to have to set up a poultry farming business in Nigeria.
Also, feeds and medicines are integral parts of the poultry farming business in Nigeria. If you want your breeds to grow healthily and sell high, you need to give them enough feeds. It should be dry, fresh, and nutritious. Clean and safe water is also an important player here.
Not only that, you need to prevent and treat them with medications. This means you may need the service of a veterinary doctor at one point or another. Even if your poultry breeds are not suffering from an infection, routine vaccination is important to keep them from infections.
6. Advertising and Selling
Most poultry farming businesses yields profit within 18 to 28 week or less. Once you started getting eggs or other products from your breeds, the next step is to start advertising it to your target audience.
You can visit restaurants, bars, hotels, caterers to tell them about your business. Also, you can make use of online and offline marketing to promote your brand.
Cost of Starting a Poultry farm in Nigeria
As said earlier on, starting a profitable poultry farming business in Nigeria requires little capital. With as little as N50,000, you can set up a small poultry farm with a huge profit margin.
All you need to do is to find a space in your house backyard, buy some birds and follow the above-mentioned requirements of starting a poultry farming business.
Similarly, depending on your budget, you may want to invest as high as N500,000 or more depending on your financial capability. You can check out how to qualify for an SBA loan here in case you need a loan to start.
Final Thoughts on Poultry Farming Business in Nigeria
No doubt, the poultry farming business in Nigeria is highly profitable but it also requires some knowledge and skills. We advised you to not invest all your savings at once. You can start small and later expand your business.