How To Start A Profitable Poultry Farming Business In Nigeria

Business plan template for poultry farming in Nigeria
Poultry farming is one of the most lucrative agriculture businesses in Nigeria. Thousands of tons of poultry products are consumed everyday yet, the demand remains unsatisfiable. A large quantity of Nigeria’s poultry products are imported into the country. But with this aggressive imports happening, not enough poultry products are available to meet the local market demand.
About 160 million Nigerians consume a lot of poultry products, ranging from chickens, turkeys, eggs, and a lot more. This shows that the opportunities surrounding poultry farming are exponential in highly profitable ways. While a lot of people supply frozen poultry products to restaurants, events, and more, many others supply mostly eggs, and the rest supply poultry feeds. The market opportunity existing in poultry farming is extremely wide and lucrative if executed right.
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If you’re looking for answers to questions like; how to start a poultry farming business? How to make poultry farming very profitable? How to start poultry farming with low capital? This poultry farming article will explain everything in a very detailed manner for you to easily understand and start your own profitable poultry farm. With the information in this article, you can start off today with little capital. It’s important to always start small and over time grow exponentially because you need to understand all the perks in the business, without losing so much money.
See also: How To Start A Cassava Farm In Nigeria: A Comprehensive Business Plan
Before we dive right into the poultry business plan, here are 4 major reasons poultry farming is a very profitable business in Nigeria:
1). Food Is Important To Everyone:
Everyone must feed to stay alive, but a majority of individuals value poultry products above other types of meals. Poultry animals like chickens, turkeys, and more feed millions of homes everyday. Their importance in meals mostly insinuate that people can’t do without them.
2). Poultry Animals Grow Very Fast:
It takes 28 weeks for an average chicken to be fully grown and ready for market. It also takes 21 days for a chicken’s eggs to hatch. But with the use of incubators, it takes a lot lesser for chicken eggs to hatch. Poultry animals in general like turkeys, chickens, guinea fowls, and more have a fast reproduction and growth rate.
3). Poultry Animals Lay A Lot Of Eggs:
An average layer lays one egg every two days. A farm with 1000 layers would produce at least 800 eggs a day. The market value for the eggs are extremely profitable with 1000 layers capable of producing 400,000 Naira ($1,333.4) in sales every month. A larger portion of this birds would mean an explosive revenue rate.
4). Price For Poultry Products Are Attractive:
The price of poultry products have been on the rise for years. With an average sized chicken costing at least 2,500 Naira ($8.4), the profit margin accrued never stops growing. Selling 10,000 chickens in a month would amount to 25,000,000 Naira ($83,333.4) in revenues generated.
With these lucrative poultry benefits, here is how you should prepare your poultry business plan. This “poultry farming business plan template” will ensure your poultry farm turns up profitable in a short period if you put in the right work to it.
See Also: Aquaculture: How To Start A Profitable Fish Farming Business Anywhere In Africa
The first thing you need to consider if you want to go into poultry farming is:
1). What Poultry Niche Do You Want To Focus On:
The poultry farming business is wide. People majorly assume the market is all about growing chickens, turkeys, and guinea fowls. Poultry farming covers a lot from: meat production, to egg production, to feed production, to medicinal production, to chicken raising, to equipment production and a lot more. When you identify a niche that you can work with, you can start your farm.
2). What Breed Of Bird Do You Want To Raise:
There are various bird breeds you can raise on your poultry farm. Each comes with it’s own maintenance cost. But once you can determine the breed you want and know where and how to reach your potential customers, you can begin. Here are some bird breeds you can raise on your poultry farm: Chickens (Broilers & Layers), Turkeys, Guinea Fowls, Quails, Peacocks, Ducks, Geese, etc. Choosing the breed will help you determine what you want to achieve from each bird. If you want to go into meat production, broilers are raised for these. If you want to produce loads of eggs, layers are raised for these. Every breed has it’s main specific purpose.
See Also: How To Start A Lucrative Tomato Farming Business In Nigeria
3). Business Location:
The location of your poultry farm is very important. Setting up a farm in a remote area is far cheaper than in a city area because of the distance and low population. Usually, governments do not permit large scale poultry farming in urban areas because of the health implications, so you’d need to place your poultry farm off-city. The location must not be too far from a city area for ease of transportation and exposure to potential buyers. It’s a lot cheaper and safer to travel for 1 hour than to travel for 6 hours to deliver your poultry products. Pick an area with a good road network to an urban environment and you’re on a good track with your poultry farm.
4). Capital Investment:
As with other businesses, starting and running a poultry farm in Nigeria is capital intensive. Depending on the location and how large you want your poultry farm to be, it can take you between 100,000 Naira ($333.34) to 10,000,000 Naira ($33,333.34) to start up your poultry farm. The size of the poultry farm will determine how large your turnover will be.
5). Poultry House, Equipments, & Facilities:
The poultry housing system is critical to the success of your poultry farm. The type of poultry housing system you focus on will affect how your birds are placed, identifying productive & unproductive birds, and their overall health. There are three types of poultry housing systems. These are:
a). Free Roam:
This is a system where chicks are bought and allowed to roam about feeding themselves. This system is not right for anyone who wants aggressive production for wide scale commercial use because the birds could go missing or worse.
b). Battery Cage:
This is a system where the birds are kept in cages and fed on a regular basis. This system is a highly organised and effective poultry housing system used in poultry farming. Here, the birds have access to feed and water through troughs and laying nests. The cages are separated into various compartments and also creates a perfect environment for laying eggs.
c). Deep Litter:
In this system, saw dust is usually poured on the ground over a wide area so the birds can be comfortable. This makes it relatively easy for cleaning. The major disadvantage with this method is that it’s difficult for disease out break to be managed.
Asides the poultry housing, many facilities and equipments that will make your poultry farm successful are: Egg trays, feeders, drinkers, lighting systems, nests, crates, incubators, heaters, waste disposal systems, and a lot more. If the facilities are thorough, adequate, and of top quality, your farm would grow favourably.
See Also: How To Market Your Farm Products: 10 Ways To Get Distributors
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6). Poultry Feeds:
The bird feeds are the most important things to their survival. Without food, none of them will survive. Feeding, been important to poultry farming, accounts for over 70% of all the total expenditure you will incur in your business. You can either manufacture poultry feeds, or you can purchase poultry feeds. Manufacturing the feeds are perfect for very large poultry farms because it saves them a lot of money. If your poultry farm is still small scale, buying feeds is the best option for you because, it takes a lot of money to fully setup a feed manufacturing plant.
7). Bird Health:
The general well being of the birds are very important. You’d have to spend periodically on vaccines and medications to ensure the birds stay healthy. Healthy birds grow strong and would generate a lot of revenue.
This poultry farming business plan template is important to starting and running a successful poultry farming business. With the right attitude and approach, your poultry farm would be highly successful and could positively contribute to the country’s GDP.
See Also: How To Make Millions From The Palm Oil Business In Africa
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What are your thoughts on this poultry farming business plan template? Let me know by leaving a comment below.
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Thanks for this tip
…. Wil really go a long way in helping me and some folks out there
I’m glad you found this post useful Martin.
Thanks for the commendation.
Thanks for putting up this post, it’s very insightful. I want to start a poultry business in Ghana specifically egg production. I would love that you assist me with writing a business plan.
Thank you for reading, Nelson.
Please send an email to stanley.edom@startuptipsdaily.com
Hi Edom,
Thanks for putting this guide together. Could you share your tips about this. Which business can you recommend for a young Nigeria that have 400k to invest in business. And which business can one invest 400K to that can earn 80k profit monthly.
Hi Adesanmi,
Many low cost businesses can fly. What is ultimately important is the strength of your supply chain. Once you’re certain you can get a lot of paying customers, then you’ve found the right business.
Thank you for asking.
Thanks for the tip. Can we chat private on Facebook or Bbm please. Frederick Kennedy 56760C52
You can reach me via email at stanley.edom@startuptipsdaily.com
Thank you for asking Kennedy.
can u help me with a business plan / feasibility study. I want to apply for a soft loan from the bank and am already in the farming business.
Hi Mickey,
Please send an email to stanley.edom@startuptipsdaily.com
Thank you for asking.
Please sir, the download link? I don’t see any link up there!
When the eBook is available, I’ll do well to let everyone know.
Thank you for asking.
You’re welcome, but I can have a template of a poultry farming? I need it to write my business plan. I will appreciate if you can help.
We currently don’t have one.
Overtime, we’ll have some freebies for download.
Thank you for asking.
This piece really helped me understand how to start up a poultry business which my brother and I want to invest in. I hope it would be lucrative as we want to start on a low scale level.
I’d suggest you visit some poultry farms and ask more questions.
Thank you for asking Prince.
Nice job at relieving the unemployment in the country. How much do you think it will cost by starting with like 50 day chicks of broilers & layers ?
Hi Yusuf,
The price currently varies because of the unstable inflation.
I’d advise you visit a poultry farm to get a real time price.
Thank you for asking.
poultry cages, layer cages, broiler cages, chick cages, pullet cages
Layer cages for 96 to 200 layers per set
all from factory, can be fully automatic or manually
my whatsapp:008613653867913
This number is for which country? This write up has opened my eyes to investment oppurtunities and I think I might need you for the equipment supplies.
I need one for layer cage
Hi,
This information is very helpful but would like to know which country code is this definitely not Nigeria.
thankx so much sir for this wonderful eye opener… you have really make it explicit for easy digestion. more grace to ur elbow… you shal live to see ur success @ hand… wonderful
Thank you for the amazing words Imam.
Have a wonderful time!
Wonderful piece…i am glad read this post, its definitely one the best articles i ve read this year. God bless you sir.
Thank you for the commendation Graham.
God bless you too.
Hi Edom
thank s for your write-up. please can you write a business plan on poultry farming of chicken of 500chick to start with.in line with current price. thanks.
Yes we can Rapheal.
Please send an email to stanley.edom@startuptipsdaily.com
Thank you for asking.
Hi Stan, I need exactly the same write-up Raphael demands. 500 DOCs for Egg production and in line with the current prices. Thank you.
Okay David,
Please send an email to stanley.edom@startuptipsdaily.com
Thank you for asking.
Goodday am looking for experts on digitalised poultry startup please i need directions
Hi Jide,
I currently know none.
But watch this page, people would eventually advertise their service to you.
Thank you for asking.
am a poultry farmer if you want to setup your farm you can contact me 08179853663
It was insightful reading your article.
Thanks.
I’m glad you found the article valuable, Akani.
Thank you and have a great time.
thanks for this amazing write-ups. you have put together a wonderful business idea in poultry farming. God continue to bless you and enlarge your coast.
please I need you to help me with business plan base on current price for raising 500 layers and 100 turkey using deep liter cage.
Hi Omotayo,
Do send an email to stanley.edom@startuptipsdaily.com
Thank you for asking.
HI Edom
I have 500,000 naira and i want start a poultry farming. Please can you held me with a business plan. Thanks.
Hi Tanko,
Please send an email to stanley.edom@startuptipsdaily.com.
Thank you for asking.
am good breeder… if you need help about animal breeding you can call on me…. 08165260993
Thanks for putting up this article i surely have learnt something i can use to support my drive for poultry farming.
You’re welcome, Ifeanyi.
wonderful peace of advice. Thanks for the guide
You’re welcome, Silver.
please sir I have #300,000 I wants to business plan for layer’s?
Please send an email to stanley.edom@startuptipsdaily.com.
Thank you.
Thanks for the eye opener. pls I’ll need a sample of a detailed business plan.
aiyedunlateef@gmail.com
Please send an email to stanley.edom@startuptipsdaily.com
Thank you.
Thanks for the awesome tips. they are really helpful. i want to go into the farming business and your tips really gave me an idea of what I’m getting into. Thanks
I’m glad you found the article useful, Samuel.
Do have a great time.
hello sir good day pleas i want to know how much it cost to make cage for 500 Layers, and 500 Broilers, and the kind of feeds that is healthy for them from day one to 22 weeks,
Wow. I love this article, God bless you for sharing. Please help me with a business plan for 1,000 chick’s of broiler. Using battery cage system. Thanks.
Please send an email to stanley.edom@startuptipsdaily.com.
Thank you.
Pls I need details about layers business plan ummibabba10@gmail.com
I love this. I av to comment to show my appreciation. Thanks.
Nice write-up here, I have written a similar article on poultry farming on my blog.
Peter Edube, Am Much Interested In Poultry Farming, Pls I Need To Help Me Acheive Nice Loan To Start Business Of Poultry Farm.
I want to go into poultry farming please daily tip to keep updated by the day.
Thank you.
my is Bankole Ayodele
I need a business plan of 600 birds of layers and what it can cost me also with cage cost.
am into deep litter but those birds do break their eggs if am not there whenever they lay eggs I will like to go I’m into battery cage now.
Thank you very much
Like your write up on poultry business plan. Can i get a complete poultry business plan with two hundred layers, with the battry cage system.
Please I want to startup a poultry farm here in Nigeria ,I need a proper direction and how to begins
Hello im interested in investing in poultry any body interested let me know. tidiani180@gmail.com
How much does a battery cage cost and how many birds can each house
Thanks for putting this piece up here, I’m really glad I found my way here. More power to your elbow. Gracias
I need more help in staring up, I’ll definitely get in touch with you sir.
Thanks for putting this piece up here, I’m really glad I found my way here. More power to your elbow. Gracias
I need more help in starting up, I’ll definitely get in touch with you sir.
Please, I’m interested on poultry Farming, can you help me write Proposal on POULTRY FARMING wot 5,000,000 and send through my e-mail address. NOTE: Include Land because i don’t secure land. Reply through e-mail address. Thanks
notify
Thanks so much for this tip, I will try and put more effort on this propose busness
Please I am interested in starting a poultry farm. Can someone please help me out with a business plan worth 4,000,000 naira. arnoldblasu@gmail.com or 08038993022
Hi Arnold,
Please send an email to stanley.edom@startuptipsdaily.com.
Thank you.
Please, I need a business plan on poultry farming with a start up capital up to #7M. It’s very urgent. Thanks.
Hi Oladejo,
Please send an email to stanley.edom@startuptipsdaily.com.
Thank you.
Thanks for the insights.
Please am interested in the poultry business plan.
Thanks for reading, Taiwo.
Please send an email to stanley.edom@startuptipsdaily.com.
pls, i need to be enlightened more on how to start a poultry business with small money and make profit
Simple, detailed and accurate. God bless you for this article, i mean it was straight to the point, no prolonged and unnecessary paragraphs, i read a previous an article somewhere and it was like i was reading a biography. i am interested in this poultry business plan, please send an email to karascoupdate@gmail.com
The write up is impressive I appreciate it. Thanks alot. I intend going into poultry farming business and your write up has given me a lot of insight. Please do well to respond whenever I call. Thanks
Thanks for this article it will help me a lot. Pls can you help with poultry business plan. This is my email: calcolejoseph@gmail.com. thanks
Please send an email to stanley.edom@startuptipsdaily.com
thank you for tip. i am seeking a loan to start up poultry farming. pls could u help with a comprehensive business plan on poultry farming ? i will grateful. thanks
Please send an email to stanley.edom@startuptipsdaily.com
Wow so educating Post
Thanks for this write up
I’m so much interested in this poultry farming.
I really need a business plan to start up.
Hi Isaac,
Please send an email to stanley.edom@startuptipsdaily.com
thank you.
I sent you an email now,