Agriculture

Poultry Farming In Nigeria; 10 Tips To Make Money from It

Do you want to make money from Poultry? If yes, Read this Tips.

Poultry farming in Nigeria remained one of the protein sources in the country, and the business has gained wide involvement in the country.

As we all know, Poultry products, such as meat and eggs remained a major source of protein. Eggs production for instance, hold so much promise for Nigerian entrepreneurs.

More so, poultry meat production also holds a lot of opportunities for Nigerian entrepreneurs. Having said that, the stiff competition from cheap imports of poultry produce and the local entrepreneurs is somehow going to be risky business except one has a niche market that is well guaranteed, as well as, exclusive supply contracts from within.

Read Also: Fish Farming in Nigeria; 10 tips to make money from it

Poultry Farming In Nigeria; 10 Tips To Make Money from It
Poultry Farming In Nigeria – Photo Source: https://www.vanguardngr.com

As the Nigerian population grows, and the size increases, the earning power of the Nigerian middle class is likely to grow, as a result, the demand for poultry products will likely put some sort of pressure on the  production poultry produce, which is already limited, in terms of level or volume of production.

Looking at the market of the poultry produce, there are quite a number of them, and some of such markets are; most households, and restaurants, and processed food producers, and fast food businesses, and bakeries, as well as, confectioners, these markets comprises a greater chunk of egg demand every year

10 Tips To Make Money From Poultry Farming:

Read Also: How to Start Pig Farming in Nigeria

1. Be Directly Involved In Your Poultry Farming

You ought to be directly involved in your poultry farming. Being an entrepreneur, you should know that, the profit potentials of your poultry farming will only be best achieved once you involved in your poultry farming directly.

For instance, to be a middleman in poultry farming business is not likely going to be a rewarding adventure. And starting your poultry farming with at least, fifty to hundred chicken for the purpose of minimizing your risk as well as, allowing yourself to be learned and gained skills and relevant experience in the business is recommended.

2. Avoid Temptation To Start Off With Huge Flock

If you really intended to make money from your poultry farming business, then you have to make sure that, you avoid the temptation of trying to start off your poultry farming business with a huge number of flock, especially if you do not have any prior experience in the business of poultry farming.

3. Understand The Production Circle Of Layers

You need to understand the production circle of layers, so that you can maximize your profit. When you are into chicken and egg farming, you have to underand that young female chickens usually get matured and then start laying eggs when they are about 20 to 24 weeks, that is about 5 to 6 months.

And also note that, egg production by layers will slidely get reduced by at least 50 percent once the  layers get to 18  and 24 months of age.

A single layer that is of the right breed is likely to produce about 300 to 450 eggs in all her productive lifetime, provided there is proper up kept and management, and feeding, as well as, disease prevention.

Read Also: How To Start Goat Farming In Nigeria

4. Target Domestic Market

With such production figures above, a poultry farmers, who is well positioned should make sure that, he target a domestic markets, such as, small retailers, and kiosk operators, and housewives among other domestic markets.

You can then become your neighbourhood egg supplier, because almost every Since most family does has eggs in every of their diet.

To really make money from your poultry farming, it will be of greater important that you try as much as possible to exploit your own neighbourhood market! This is necessary.

5. Sells Your Poultry Produce At Competitive Price

When once your poultry produce prices are competitive and also the quality of your eggs and the quality of your sales services are excellent, then it is incumbent on you to start to expand your customer base and one more thing still, you should ensure that you  increase your farm capacity so as to meet the ever increasing demand of your poultry produce.

6. Consider The Environment Effect On Birds

Given the scourge of avian, that is bird flu, the Nigerian people have soon become alert to this possible effects, as a result of breeding poultry close to human beings and where they lived.

That is why it is necessary for you to always take into consideration this environmental issue of your business on first your health and then your neighbourhood.

Having done that, if you desire to have success, and profit in your poultry farming business, then you have to maintain a steady and adequate vaccination of your birds and make sure that, the hygiene practices of your farm are enforced and strictly followed.

Read Also: How to Start Rabbit Farming in Nigeria

7. Sell Your Poultry Excrement As Manure

Your poultry excrement is another source of money, because poultry excrement is used as manure in farms and garden for soil nutrients. You can make a different stream of income from poultry excrement.

8. Adequate Feeds For Birds

Another thing important here is taking into consideration the prevailing prices of poultry feed in the market, because, if you must make good money from your poultry farming business, then this is necessary, since you have to feed your birds adequately.

But also understand that, If the cost of the feed will be more than the price of poultry meat and eggs, then it does not make sense either. But note, there are good local feed that can help provide good egg yields from your poultry farm.

9. Sell Farm By-Products For Profit

There are a lot of farm by-products available in a working farm for sell, and quite a number of these farm by-product actually have resell value, and below are some of them:

Feathers – People like to add feathers in crafts for example, jewelry-making, and hat-making, as well as other kinds of craft accessories.

Manure – for animals husbandry, manure is good for farms and gardens. You can make so much money by bagging and selling manure to members of the public or some garden centers around.

10. Adopt Good Management For Timely Harvest

You have to adopt good management for timely harvest of your farm produce. Know your production cycle, know the size of your production each time, make sure you meet your customers’ needs, and never forget to partner other farmers for the purpose of meeting market demand.

Read Also: Edo govt embarks on beekeeping for 200 youths

Conclusion

As the Nigerian population grows, and the size increases, the earning power of the Nigerian middle class is likely to grow, as a result, the demand for poultry products will likely put some sort of pressure on the  production poultry produce, which is already limited, in terms of level or volume of production.

Looking at the market of the poultry produce, there are quite a number of them, and some of such markets are; most households, and restaurants, and processed food producers, and fast food businesses, and bakeries, as well as, confectioners, these markets comprises a greater chunk of egg demand every year

IMPORTANT!: Follow us on Instagram @InfoGuideNigeria
Click here to Read Latest School News in Nigeria

Copyright Warning!

We work really hard and put a lot of effort and resources into our content, providing our readers with plagiarism-free articles, original and high-quality texts. Contents on this website may not be copied, republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. Proper acknowledgement include, but not limited to (a) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes, (b)"FAIR USE" in the case of re-publication on online media. About possible consequences you can read here: What are the consequences of copyright infringement? In an effort to protect our intellectual properties, we may report your website to Google without prior notice and your website be removed from search engines and you may receive a strike. All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).
Tags

Joseph Athanasius

Joseph Athanasius is a Content Developer at InfoGuideNIgeria.com. InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Ibanga. Page maintained by Ifiokobong Ibanga. If you need a personal assistance on this topic, kindly contact us.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close