POULTRY FARM BUSINESS IN NIGERIA AND PROFIT

Описание: In recent years POULTRY FARM BUSINESS IN NIGERIA has grown and become a means for making ends meet, the poultry industry in Nigeria has experienced remarkable growth. Due to the fact that local production barely meets 30% of the demand for chicken eggs and meat, there is enormous room for growth in the business as a whole because the poultry farm business in Nigeria is still very much open to business development, growth and profit distribution.


A report released by the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, in 2019 estimated the value of Nigeria's poultry farming #business at roughly N1.6 trillion, making it the most commercialized sub-sector of the country's agricultural sub-sector.

As a poultry owner myself and a business coach/consulting who daily offer professional business management service to Micro, Small, and Medium Enterprises (MSMEs) here in Abuja Nigeria, I must say indeed there is good PROFIT to make from poultry farm business in Nigeria but you need useful knowledge to scale through and generate good profit within your 1st 2 to 3 years in poultry farm business operation in Nigeria.


Let's take a look at this data about poultry farm business in Africa with a focus on egg production only with Nigeria, South Africa, Egypt, Argelia, and Morocco are the continent's top egg producers, accounting for 2.1 million tons of the continent's total 3 million tons of eggs produced each year. These are the five that have experienced the most rapid growth. Nigeria and South Africa are the largest producers in Sub-Saharan Africa, and both countries have experienced tremendous increases in recent years.

The Nigerian poultry industry contributes around 180 million birds, of which 80 million are raised in extensive systems, 60 million in semi-intensive systems, and the remaining 40 million are raised in intensive systems, according to LiveGAPS CSIRO research

In this session, I have shared more insight about the poultry farm business in Nigeria with a clear goal to enable you to make a professional decision about your business.