SAMPLE POULTRY BUSINESS PLAN IN NIGERIA
FEGEOSTOM Poultry farm involves in the commercial production of poultry birds. We specialize in the husbandry of turkey, chicken, duck, geese, pigeon, and games birds. Our poultry farm is a start-up poultry that produces quality and affordable poultry products and by-products such as eggs and meats which is processed and packaged to meet local and global standards.
Poultry business is a great choice for us as it represents an excellent choice of protein. Of all the birds, chicken is the most reared in all poultry businesses, hence, like most other farms in Nigerian, we rear chicken predominantly.
We breed layers for their eggs while broilers and cockerel are bred for their meat. Broilers have a lump of more tender meat when compared to the cockerel. They also mature faster and fetch a better price in the market than cockerels. Our poultry farm also consists of the hatchery which is where poultry eggs are hatched. Hence, we sell birds hatched within the last twenty-four hours are called day-old
The market for poultry in Nigeria is enormous. Hardly will you find a practice (religious, medical) that prohibit the sales or use of poultry product. In fact, it is being directly and indirectly promoted for consumption during local festivals, Easter, Christmas, New Year, Id El-Fitri and Eid Kabir all promote the consumption of poultry products. Sales recorded at those times of the year are usually high.
Apart from the festive period, restaurants, grill shops, hotels, and other catering outlets rely on poultry meats and eggs for food and snacks like chicken suya, scotch eggs, egg roll, chicken burger, egg soup and salad. Eggs are also used in pastries for leavening and an ingredient for hair shampoo.
Goal:
To be one of the top 5 poultry farms in Nigeria by 2025, providing excellent meats and eggs
Objectives:
- To be the one-stop-shop for high-quality poultry products
- To achieve sales growth target quarterly and at the end of the fiscal year
- To achieve profit in the first year and increase the margin in subsequent years
- To exceed customers’ expectations by providing quality sales services and products at an optimum price.
Main Products:
The main focus of this business is to produce eggs from layers, chicks (day-old to two-weeks old), meat from broilers, cockerel, culled layers and breeders.
By products:
The byproducts of the poultry include dropping, offal, and hatchery wastes.
Why should people buy from us?
- We not only produce live and raw poultry products, but we also deliver quality processed poultry products
- Our facility is neat, hygienic and modern. We use the state-of-the-art systems for the production of poultry and rendering of kill-cut-wrap-freeze (KCWF) services
- Market chain management, optimum inventory and various slaughter systems.
- We give a fair price and discount offers so that our clients get the best value for their money. Our policy is “Customer is the king”
- Regular visit by veterinaries
Location:
It is located in Mowe area of Ogun state. An area with a relatively stable climate. The poultry is safe from extreme heat and cold which increases mortality rate. It is located far away from the residential and industrial areas. It is also far from other competing poultry farms – the closest being around 7km.
Housing:
We employ two major housing systems for our poultry farm. They are deep litter and battery cage.
Deep litter is less expensive to set up and easy to manage. This is the housing system used for the broilers for poultry meat production. Sawdust is used as the litter and it is changed regularly. The waste is then sold to other agricultural farmers for organic manure.
The second housing system, battery cage, is a bit more expensive to build when compared to the deep litter system. Our cages are set up for the birds with water and food trough. We use this housing system for layers which allows the eggs to be easily collected in the cage rails, free of dirt and poultry faeces and safe from being broken.
Heater is also available to keep the birds warm during cold weather conditions.
Stock and equipment for sample Poultry Business Plan in Nigeria
We have two hatcheries to deliver day-old chicks to the farm. We have also liaised with a reputable feed meal retailer in Mowe to supply feeds on demand.
Our poultry house is always cleaned, disinfected, and furnished with fresh saw-dust for litter, water trough, feeder, and other equipment.
Feeders used in feeding the birds are located in proportion to the birds while water pots/drinker/trough supplies water, water-soluble drugs and nutrients to the birds.
The farm also has egg trays used to collect and house eggs to avoid damage.
Cost of operation for sample Poultry Business Plan in Nigeria
We hope to expand our farm to more birds, an estimate of 4500 broilers, 4500 layers, and 1000 breeders.
The building and the installations require a sum of ₦11,485,000. A sum of ₦17,360,000 is needed for the overhead cost and a total of about ₦28,000,000 is needed to raise 10,000 poultry birds.
5 flocks would be raised per year to meet the major festive period.
Expected profit:
A profit of ₦8,000,000 is expected after all expenses have been paid for in the first year. With a 25 percent increase in profit in subsequent years.
Challenges:
- Huge expansion capital
- Adulteration of poultry feeds
- Disease outbreaks
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Why you should invest in poultry farming:
The significance of poultry farming (products and byproducts) to Nigeria’s economy cannot be overstressed. Nigeria poultry farms haven’t been able to meet the demand for animal protein consumed in the nation. Apart from being one of the best sources of animal food, it also creates employment opportunities.
This setup will employ as many as 50 direct labours and hundreds of indirect labours. For example, shop owners, fumigators, meat sellers, restaurants and other retailers will experience a flow of profits. The number of employment opportunities will also increase as the business grows.
The planning and development of this business have been ongoing for about a year. Research and tests have also been carried out with success registered. Hence, the successful launching of this business will tilt the scale to favour the indigenous population.
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