Do you know how to start a poultry farm? Do you know it is easy to start a poultry farm In Nigeria in 2022? Do you know you do not need a university degree to start a poultry farm In Nigeria in 2022? All you need is interest and the willingness to learn.
Nigerian poultry farming is one of the most profitable in the world, especially when properly set up and managed by interested and credible persons. Because chickens mature quickly, this component of livestock farming offers one of the best opportunities for entrepreneurs to make a lot of money in a short amount of time.
The market is always there, with over 207 million people in the country buying chicken products on a regular basis. In fact, Nigeria imports chicken to supplement local production. Anyone who goes into the business of any item that the country imports will make good profits.
I’ve written a number of articles about chicken farming on this blog, which you can find here. In this article, I will take a closer look at the business and how entrepreneurs in Nigeria who are interested in getting into it can do so without spending a lot of time and money.
Anyone can start a poultry business, regardless of their educational background or wealth; you can start small and expand as large as you desire over time. The most critical factor is that you want to get started somewhere and somehow.
This article will focus on how to start small and develop big, and I believe it will be of interest to anyone with limited financial resources who wants to start small without taking too many risks.
The fact that hens grow so quickly is one of the aspects that makes poultry farming a great business. Unlike goats, which take two to three years to develop, a chicken can be ready for market in as little as 6 to 28 weeks depending on the type. As a result, it is regarded as an ideal business for borrowers who may invest the loan and begin repaying it with sales earnings after 8 weeks.
The poultry industry has a lot of profit potential.
- Chickens reproduce quickly and in enormous numbers – the average healthy Layer lays an egg nearly every day, or at least four times every week. Some breeds can deposit up to 325 eggs each year and hatch in 21 days. This means that a Layer can technically produce another chicken twice in three days. So, if you have 300 healthy layers of good breeds (like as California whites), they can reproduce 10,000 chicks in just 42 days or less!
- Chickens grow quite quickly: the egg hatches in 21 days, and the chickens are ready for market in about 27 weeks. According to another study, a farmer might start making money in just 33 weeks after successfully establishing his farm, and any profits he makes could be doubled in a year.
- Chicken is inexpensive – In Nigeria, a fully grown healthy chicken costs between 3,000 and 5,500 naira. As a result, if your farm produces 10,000 chickens, you will earn approximately N30 million by the time they are all sold.
- There is a large egg market as well – aside from chicken, the egg is a separate currency. A crate of eggs costs between N1,400 and N1,500 for smaller eggs and between N1,600 and N2,000 for larger eggs. There are 30 eggs in each container. If you have 300 layers who produce 10,000 pullets per month and decide to sell them all, you will make a huge chunk of money each month.
As we all can see, the profit in the chicken company is enticing, as is the turn-over time, but the main question now is where to begin.
What Should Your Poultry Business Plan Look Like?
Create a successful business plan. A poultry business plan is similar to a road map that directs you to your desired destination. It will assist you in determining your whereabouts at any given time. As a result, your company plan should include the following:
- The type of bird you wish to focus on – in this case, chickens (Layers and Broilers). We chose chicken because it is the subject of this article. Other sorts of birds, such as goose, duck, and turkey, are also beneficial to the livestock industry.2. Make a list of your areas of interest – you can’t be interested in every aspect of poultry farming. You must decide on a specific area of interest in which to focus your firm. This will ensure that you maintain a high degree of concentration and professionalism. No difficulty if you can do two areas. Some of the most important niches in poultry farming are listed here.Layers breeding is the generation of eggs by layers.
Broiler breeding refers to the production of chicken meat by Broilers.
A hatchery is a place where chickens are bred for commercial purposes. Hatching fresh chicks like day olds.
Poultry feed is a company that makes feed for other poultry farms and farmers.
You can breed both layers and broilers at the same time or just one of them. Hatchery, like feed production, is best done separately. So, you decide on a focus area.
- Figure out where you want to start – This has a direct impact on your initial costs. A location in a very remote rural area will be far less expensive than one adjacent to a city. The ideal location is a remote rural area with decent roads because you will be free of regulatory authorities and labor costs will be lower.
As a newcomer to the livestock industry, you don’t want to put all of your money into purchasing land in an urban region that may not be used because government regulation prohibits putting up chicken farms near residential/urban areas due to health concerns.
- Investment Capital – Now that you know where you’re going, you have a better notion of how much money you’ll need. Make a precise list of your capital and investment requirements and start looking for them.
Like any other farming project, the larger the project you want to start, the more money you’ll need to invest. Before you begin, you must decide on the number of funds you are willing to put into this venture.
(a) Small-scale chicken rearing (of about 50 birds) in cages in your neighbor’s backyard will cost around N150,000 to begin.
(a) A medium-scale poultry farm, which requires land, houses, and other materials in one or two plots of land, costs between N600,000 and N4.8 million to establish.
(c) Large-scale or intensive poultry farming, which necessitates a higher level of complexity, as well as more careful planning and professionalism, requires N11 million.
Create a Poultry Farm
After you’ve completed your business strategy, it’s time to get started on setting up your farm! I believe you already have the money in your possession at this time. So, here’s what you’ll need to get and put in place.
- Purchase land – As previously stated, look for land in a secluded region that is not too far from the city. If you’re in Lagos, places like Sango Ota, Ijebu Ode, Remo Area, and Imota in Ikorodu are ideal. If you’re in Ilorin, places like Eiyenkorin, Afon Area, and Amoyo are ideal. Other locations, such as Oshogbo and Ibadan, on the outskirts of the city, are good.
You can get an acre of land for a low price there; the cost of land is usually established by the sellers. However, we may provide a pricing suggestion while commenting. So, leave your thoughts in the box below and let’s get this conversation started.
- Construct your structure – A good house is essential for successful chicken rearing and administration. Poultry housing is divided into categories based on its size and management system. The following are the most popular forms of poultry house in Nigeria:
- Deep litter
- Half litter
- Half slats
Buy day-old chicks – Find a good hatchery where you can start with healthy day-old chicks. It costs between N450 and N600, with the possibility of going up to N800. If you’re looking for day-old girls in Nigeria, go to the outskirts of the city where you live or check online for the closest one to you. You can also message me to provide the address of the one closest to you.
In conclusion, you need to immediately start a poultry farm in Nigeria today.