Category Archive : Agriculture Arbitrage

How to start a profitable cocoa yam farm

Cocoyam is a popular food crop in Nigeria and a staple food for many communities in Nigeria. However this tuber crop is also popular in most tropical regions of the world . It comes in several varieties. Some varieties are used for soup, others are boiled, while some are used to make porridge among a long list of recipes. Little wonder that this crop has continued to grow in popularity among Nigerians and Africans. However Our focus here is to guide you on how to start a profitable Cocoyam farming business in Nigeria. There is no better time than now as the opportunities it offers are tremendous. Using the information provided here, you have the chance of reaping bountifully as there is currently a huge supply deficit.

Why Choose this Line of Business?

Some people would like to know why cocoyam farming is attractive. Well, before now, cocoyam farming was popular among small scale/subsistence farmers. These only cultivated it for personal consumption. The little left was sold at the market. All these changed as knowledge increased about the health benefits of Cocoyam (This would be discussed in greater detail shortly). As societies became more cosmopolitan, cultures were shared and people learnt a great deal about the way of life of each other. The exchange of food recipes formed a dominant part of this relationship. This made people discover newer ways to prepare this food crop. A result of this is the high demand of cocoyam across Nigeria.

Some popular cocoyam recipes in Nigeria include Oha soup, Ekpang Nkwukwor, Achicha Ede, used in bitterleaf soup as thickener, and several other dishes. It is important to note that apart from the cocoyam itself, the leafs are also consumed. These are also prepared in a variety of ways. A good thing about cocoyam is that you can prepare it any way you choose to. With these, you can see that there is great potential for cocoyam farmers. Meeting the huge supply deficit becomes necessary.

Health Benefits of Cocoyam

The health benefits of cocoyam itself is an incentive. The less information about the health benefits of any crop, the less likely it is to attract much attention. Before now, little was known about the health benefits of cocoyam. However research has shown that there is much more than meets the eye. This tuber crop contains a good amount of Thiamine, Copper, Manganese, Niacine, Calcium, Vitamins B6, A, E and C. Other nutrients  include Zinc, Pottassium, Phosphorus, Magnesium, Iron, Riboflavin, and Protein. These are very important food nutrients obtained from Cocoyam.

Basic Requirements

Commercial cocoyam farming requires a sizeable farmland. A major part of production cost goes into land acquisition. However owning a farmland will significantly reduce your expenses. Well drained sandy-loam or loam-clay soil will be best for cultivation. Getting your seedlings ready are an important requirement as well.

Cultivating Your Crop

The next action to take is farming or cultivating your crop. This requires tilling the soil.  You can decide to use mounds or ridges. It is good to apply enough compost manure when farming your crop. Therefore should be adequate spacing to encourage proper growth. However proper space management is important. This ensures proper utilization of farmland and as a result encourages bumper harvest. Higher ridges will encourage deeper penetration.

Tending your crop is necessary for bumper harvest. This involves weeding, as well as piling more soil to the base of the stem. Adequate spacing will make it easier to do this.  This process ensures your crops get the perfect conditions. You can choose to cultivate in the dry or rainy season. Irrigation farming is widely practiced too. However the same care process applies to all.

Profit Potential

The profit potential of Cocoyam farming is not in doubt. Although this is the case, work is required. this work is in the area of marketing your products. There are several farmer cooperatives that seek to protect the interests of farmers. Joining one of these is the first step. If there is non around, you can form one with other farmers. This gives you a leverage for adequate pricing. These groups also help in sharing information about buyers. There’s a lot you can benefit from such associations. The high demand for it is good for business. In addition to this, the few who have ventured into the business have not regret their decisions.

Taking a stroll into any market will reveal that it is not always available all-year round. This presents an opportunity to exploit! Therefore taking the bull by the horn is necessary.

How To Start making Money From Plantain Farming

How To Make Money From Plantain Business

Plantain is one of the agricultural produce with great potentials to create a lot of wealth in a continuous and continual manner, ranging from farm to table.

In this piece, I will expose to you various ways and place at your disposal necessary information that will enable you to venture into the business.

Plantain is one of the staple foods in Africa and other developing countries of the world.

Nigeria is one of the largest producers of plantain in the world. It is ranked third among starchy staples in Nigeria thus occupying an important position in the food chain in the country. Yet the production, which is in the hands of smallholder farmers, is mainly for local consumption.

Today, there is increasing interest in plantain production meaning that Nigeria could be one of the largest producers of plantain not just for local consumption but for export, earning much-needed foreign exchange.

You could be part of this revolution by tapping into this very profitable agribusiness and contribute to a diversified economy in Nigeria.

Besides Nigeria, other major plantain producers of the world are Cameroon, Cote d’Ivoire, DR Congo, Kenya, Tanzania, Guinea, Malawi, Ghana, Colombia, Rwanda, Dominican Republic, Sri Lanka, Venezuela, Guinea, Bolivia and Cuba. In 2009, the FAO rated Uganda the top producer of plantain in the world, with 9.5 million metric tons of harvest.

Farming

Plantain is a drought-tolerant and herbaceous (no woody stem) plant that grows from an underground mass of roots. It grows well in tropical, moisture-rich, humid, low-lying soils.

The full grown plantain plant flowers at the top in-between the leaf clusters and eventually grows into a bunch and may have between three and twenty hands. Each bunch holds fingers ranging from five to 10 fruits. The raw green plantain ripens to an enhanced flavour and sweetness as its starch converts to sugar.

Food Value

Plantain is one of the staple sources of carbohydrates, starch and energy. It is rich in protein for body building, fibre, which helps in bowel movement, reducing constipation, Vitamin C (helps the body to develop resistance against disease), Vitamin A (plays an active part in visual system and skin complexion), and potassium (helps to control bold pressure). It also has Vitamin B complex, B6, calcium, magnesium, iron and phosphorous, among others.

Uses

Plantain can be prepared in a number of ways. Ripe and unripe plantain can be processed into one form of food or other. The unripe or immature fruit can be sliced, peeled and dried to be ground into powder and is eaten in form of fufu.

The mature fruit can be cooked, baked, pounded, roasted, fried as chips, and the overripe fruit can be processed into beer spiced with pepper or fried with edible oil. It also serves as a raw material for many value-added products, especially in the agro-allied industry.

Processing

Plantain can be processed into chips and a lot of young people are doing brisk business from this venture. It involves frying the plantain until it becomes crisp chips and packaging it properly. Plantain chips are sold everywhere in Nigeria, supermarkets, bus stops, shops and walkways.

The capital requirement is low while return on investment is very high. Many are making a living through it.

Advantages

Plantain is an easy plant to cultivate and maintain quite unlike other plants we discussed in previous editions. Once you plant plantain, it multiplies by itself.

As you harvest the bunch, the stem dies and new suckers sprout to take its place. A plantation will give you endless source of income year in, year out. All that is required is intermittently clearing the weeds.

Species

There are different breeds of plantain such as musa, a fast-growing variety that does not take long to mature and fruit, and culture banana, another type grown in tropical regions. The fruit production is the fourth largest in the world. African Rhinohorn, produces few fruits, which are of enhanced size, while Brazilian plantain is the sweetest. Choose the one that is marketable in your area, suitable for your soil.

Planting

Land is a crucial factor in this business. You can start by acquiring a piece of land either by buying, leasing or through inheritance.

You could start from that open space in your compound. Hire some farm hands if you cannot do it directly by yourself.

Plantain grows very well in the southern and middle belt parts of Nigeria. It can be planted throughout the rainy season but not towards the last rains. Since plantain does not bear seeds, the only way you can plant it is by its suckers.

Select the suckers from plants that produce big bunches of plantain.

Good plants produce bunches twice a year. The suckers should be well spaced, about 3m between the rows and 2m within the row. The rows should be straight to give the plants sufficient sunlight. If the soil is not very fertile, fertilizer, manure or ash could be applied to nourish the plant for a good yield.

Weeding

Weeds can be removed manually or by spraying weed-killer chemicals on them. Make sure that weeds do not overrun the farm. Clear the weeds periodically as the need arises.

Disease And Disease Control

The major disease that attacks a plantain plantation is called black sigatoka, which is caused by fungus. There are also pests such as nematodes and stemborers. When attacked, the leaves show yellow spots and later turn brown and black before the plant dies.

Applying fungicides such as chlorothalonils, benomyl, dithiocarbamates and so on aerially can control them. Nematodes are tiny worms that attack the plant’s roots. These can be controlled by applying nematicides around the plant.

Marketing

Plantains are sold in markets, on roadsides, or even in the farm. Retailers and wholesalers often go to the farm to make purchases.

Some farmers take orders from boarding schools, hospitals and hotels while some take transport the produce to urban centres and distant markets by trains, Lorries and trailers.

Profitability

Plantain is highly sought after because of its flavour and food value. It is also used as an industrial raw material. The demand for plantain is always higher than the supply.

A big bunch of plantain sells at between N2,000 and N3,500, depending on the size and location. If you have a plantation of 200 stands, you are likely to make N400,000 at N2,000 a bunch. Multiply that by two as they would produce twice a year. You can then imagine the quantum of cash you would be raking in effortlessly every now and then.

Whichever part you play in the value chain, whether as a farmer, a trader or a processor, plantain business offers you endless streams of income.

It is a business you can start even on a small scale in your compound and grow into a big farmer, with little or no capital. And those who dare to play big are turning millionaires by the day.

This may be your chance to prosper!

How To Make Money From Vegetable Farming

 

Every business in Nigeria shouldn’t be about buying and selling, vegetable farming is one aspect of farming in Nigeria that is capable of bringing quick cash to the would be farmer this season. There are so many people in the streets of Lagos who have no business being in Lagos. While they waste away in poverty, hoping for a better tomorrow; opportunity to make good money through farming keep passing them by on daily basis.

The term ‘Farmer’ used to be heavily associated with poverty and illiteracy. But that was then, not now anymore when farmers are becoming the richest people (I heard that one of the richest man in China is a farmer) and leaving the best of life possible.

Types of Vegetable Farming to Start

Vegetable farming happens to be one of the easiest agriculture to engage in. Any kind of edible vegetable is always in hot demand all year round. One good example is Fluted Pumpkin (Telfairia occidentalis) popularly known as Ugu in Igbo and across Nigeria.

Ugu vegetable is by far, the most consumed vegetable of any kind in Nigeria. An acre size Ugu farm is capable of turning in above N500,000 and it will take you less than N60,000 to cultivate one acre farm of pumpkin vegetable.

If you are in Lagos, the entire Power Line of hundreds of Acres, that stretched from Egbin power station in Ijede, Ikorodu, down to almost Ikorodu garage are extremely good for Ugu farming and you can get them almost free to cultivate your pumpkin and other vegetables.

1. Fluted Pumpkin (Ugu Leaf) Farming

Like I’ve said before, Pumpkin vegetable is the most consumed vegetable by Nigerians of all class. It is used to prepare varieties of dishes and it’s very nutritious too. When you talk about soup in Nigeria, you are directly talking about ugu because, almost all Nigerian soups are cooked with this vegetable.

Apart from cooking, pumpkin vegetable has been known to increase the volume of the red blood cell when consumed fresh, without being cooked. The blood enhancing nutrients gives it the ability to expand the volume of your blood at a very short time after consumption.

It is of course natural for a vegetable of these benefits and usage to be in high demand. Anyone who can cultivate Ugu, is definitely going to make good money selling it to market women. Ugu can be cultivated in every part of Nigeria due to the plant’s tolerant of drought and poor soil.

SEE ALSO: Ugu Vegetable Business: The ATM machine in Your Backyard

2. Green Okra Farming

Okra, which is popularly known as the lady’s finger and gumbo in many English speaking countries is a very nutritious edible green pod vegetable. When sliced, the okra’s edible green seed pods produces slippery sticky substance that make the soup tick, smooth, and delicious. My personal experience with okra shows that eating fresh vegetable soup prepared with plenty of okra can relive constipation and increase digestion.

If you are a Nigerian, you don’t need to be told about okra soup. It’s one of the most popular soup in Nigeria restaurants, usually prepared with Ugu vegetable and smoked fish. Very delicious and tastes good.

Okra contains good amount of Vitamin-A and is known to be anti-oxidant due to it’s good content of beta-carotene. It is also rich in Vitamin-C, Vitamin-K, and some form of Vitamin-B Complexes. Like Fluted Pumpkin, it tolerate all kinds of soil.

3. Cabbage Farming

Cabbage is another popular vegetable in Nigeria and is popularly used to prepare salads. The only part of the plant that is normally eaten is the rounded leafy head (the spherical cluster of immature leaves) excluding the partially unfolded outer leaves.

Because of it’s spicy flavor, Cabbage is used in a variety of dishes, and is widely consumed raw as well. It is in high demand in Nigeria and sells for reasonably good price.

Cabbage really does not like the sun, it grows better in a cold environment but must get at least 6 hours of sunlight everyday. It grows well on a well fertile, well drained manured soil.

4. Cucumber Farming

Great skin starts with Cucumber; If you really want your skin to be happy, your number one answer is cucumber. This is because, cucumber and skin is known to share the same level of hydrogen content, which makes it easier for cucumber to deal with the skin problems by engulfing them. It works well in soothing, softening, and relaxing your skin very quickly.

Cucumber can be eaten raw and can be used for preparation of different kinds of food in Nigeria. Cultivating this vegetable will surely put money into your pockets.

SEE ALSO: How To Start Cucumber Farming In Nigeria And Make It Big

Cucumbers like every other vegetables like soil that is well drained and rich in organic matter, but don’t stress about the soil conditions. Cucumbers are hearty plants and easy to grow. Just make sure they have full sunlight and soil that is rich in organic matter.

Cucumber sells fast in markets across Nigeria and is widely consumed. It is another vegetable farming that can make you lot of money.

5. Ewedu (Jute Leaf) Farming

Ewedu is probably the most popular vegetable among the Yoruba people of Western Nigeria. I have seen people make good money cultivating ewedu in commercial quantity.

SEE ALSO: Ewedu Farming In Nigeria Is Very Profitable And Lucrative

When you engage in vegetable farming, you will have plenty of food to eat, sell to make good cash, and it gets you closer to nature. These will increase your overall well being as a human-being. So, give it a trial today and see yourself happy

Ugwu Vegetable Business ;The Atm Machine In Your Backyard

 

 

One of my friends said that “if
anyone tells you that there are no opportunities, he or she is merely
kidding.” Opportunities are everywhere, most often, our problem is that
we don’t see them around us. Today, I bring to you an opportunity that
may turn your backyard into an ATM machine.

 

Ugu-Vegetable-Pumpkin
Ugu vegetable – Ready to cook

You must have heard
about Ugu. Perhaps my assumption wrong. Anyway, let me quickly tell you
about Ugu before I go into the real business. Ugu is scientifically
known as Telfairia occidentalis and it is mostly planted in the southern
parts of Nigeria. Often times, Ugu is planted because of its edible
leaves and sometimes, because of its seeds which produce a special kind
of oil used for cooking and soap making. I will stop here since I do not
intend to write a botany text book.

Now let us go straight to
business. Let me quickly tell you what you already know. In Nigeria,
there are several vegetables such as Tete, Gbure, Waterleaf, Shoko, Ugu,
Ewedu, Bitterleaf etc. But of all these vegetables, Ugu is the most
expensive and most cross-cultural. This is because it has a high market
value. Unlike Ewedu that is common among the Yorubas, Ugu is eaten by
almost everybody in Nigeria, including Boko Harams. Are you surprised?
Well that’s the truth, and that’s why you have to exploit the
lucrativeness of the Ugu business.

For the purpose of this
article, I will sectionalize this article according to the geographical
location of the reader within Nigeria. This becomes necessary because
the variables involved in the Ugu business depend on your location. So
take a deep breath, and read on.

Rural Dwellers

Do I need to
define a rural area? Well I will do so, so that you will not flaw me on
the grounds of ‘clarity’. Briefly, a rural area has at least two of the
following characteristics.

* Availability of land

* Most of the inhabitants involve in primary production such as farming, fishing, palm wine tapping, etc.

* The population is relatively low.

Now
that you have an idea of a rural area, let us continue. Ugu is very
cheap in the rural areas because most of the inhabitants have Ugu
plantation in their backyard. For instance, Mazi Okonkwo has Ugu in his
compound, and Mazi Okafor has Ugu in his backyard and farmland. So you
see? Ugu is quite valueless in the rural areas where they are mostly
planted. That is why people living in the rural areas either get it free
of charge or buy it for as cheap as #20 per one hundred leaves.

As
a rural dweller, what then can you do? You can plant Ugu in your
backyard or in one of those farms owned by your family or relatives. In
less than two months, you may harvest your Ugu and take it to the market
in the nearest cities and sell it for a fortune. There are so many
market women in the cities who are desperately looking for suppliers, if
you are lucky to find them, you could always supply them almost everyday.

Perhaps, you do not want to go through the stress of
planting Ugu, you may become a supplier. You may go to Maxi Okonkwo or
Maxi Okafor and buy it at a very cheap price. For instance, you could
buy a sack of Ugu for as cheap as N1,500 and sell it for N3,000 and
above in the nearest city near you. You could buy ten sacks and supply
them within two days and make over ten thousand naira. Can you see that I
did not lie when I said that Ugu business is an ATM machine in your
backyard?

Urban Dwellers

Again, for the sack of clarity, permit me to briefly identify some paramount features of an urban area.

* Agricultural land is scarce.
* Most of the people work in service rendering organizations.
* The population is relatively high.

Urban
dwellers as much as their rural counterparts can also exploit the
lucrativeness in the Ugu business. Unlike the rural areas, Ugu is very
expensive in the urban areas. What the can you do as an urban dweller?
You could decide to plant some Ugu seeds in your backyard. I know as
much as you do, that land is scarce in the urban areas.

Well, you don’t
need a large piece of land to plant Ugu, all you need is a small piece
of land. If you are a tenant, don’t worry still. There are so many
barren plots of land in the cities looking for people to cultivate them.
The owners of those plots of land are tired of paying laborer to weed
them, so they will be very happy if you volunteer to farm on those land
and save them the cost of paying laborers to weed it.

Sincerely, the
owners of the land may be very skeptical at first, but after much
thought, and your persuasion, they will give you their say-so. And it is
now your duty to turn the piece of land to an ATM machine by planting
the golden Ugu on it.

Um, is the process discussed above too
rigorous? Okay, there is an alternative. You may decide to travel to the
nearest rural area around you and buy the Ugus at a relatively cheap
price and sell them to the market women in the cities. But you must be
ready for the stress of traveling to the remote villages because that
is where you can buy it for a very cheap price and sell it for twice the
amount of purchase.

Merit Of The Ugu Business

* Large market– as stated earlier, Ugu is eaten by almost everyone in Nigeria.

* It can be easily transported by road. It is not like electronics or cows that may need licenses.

* As a plant, Ugu can survive droughts.

* Ugu seeds are not expensive and very easy to get.

* You can start the business with a token.

* The business can be done on part-time basis.

* The minimum profit you can make is double of your investment.

Precaution / RISK

*
You must protect your Ugu farm from goats and other herbivores. If you
are careless, they will reduce your farm to a football field.

*
Friends and Family Members– as soon as you start the Ugu business, your
friends and family members may expect that you give them free of
charge. That is why you need to be very careful, I am not saying you
should be stingy, but be smart, otherwise your generosity may ruin your
infant business.

* Ensure you get reliable customers before you
harvest or buy Ugu from the rural areas. This is because vegetables only
command high prices when they are still very fresh.

I hope you
now see that Ugu business is a very lucrative business? I wish you all
the best as you consider it one of the business you want to invest in.

see also; how to make money from vegetable farming

 

How To Reap Sweet Income From Sweet Potato Business

Sweet potato offers huge prospect for scaling up incomes of smallholder farmers amid various challenges facing the farmers in the producing belt. Daily Trust spoke…

 

Sweet potato

Sweet potato offers huge prospect for scaling up incomes of smallholder farmers amid various challenges facing the farmers in the producing belt.

Daily Trust spoke with a number of farmers, who admitted that sweet potatoes contribute significantly to their financial well- being.

For many consumers, it is an affordable source of food and vitamins for many households across the country compared to the more expensive Irish potato.

In Zamfara, Nasarawa , Abuja and the Zaria axis of Kaduna State, sweet potato is becoming widely cultivated because of the emerging markets in Port Harcourt, Lagos and other parts of country.

 

In Plateau State, although Irish potato is most widely cultivated, many farmers are taking advantage of the market to diversify production into sweet potato.

Over the years, Zamfara State has been a major producer of sweet potato from where it is being supplied to various states of the federation.

However, the growing insecurity in the state is scaring many buyers from the state while farmers are struggling to meet the consumers’ apatite.

The production, according to the farmers, is in two phases, wet and dry seasons, which makes the produce to be available all year round.

One of the farmers from Talatar Mafara LGA, Bilyaminu Mukhtar, said sweet potato has been a source of livelihood for many farmers in the state.

“Some of us have access to water bodies like that of Bakalori produce potato in both wet and dry seasons. That is why we are capable of producing the crop all year round.

“Before the prevalence of banditry in the state, buyers from every part of the country met farmers in their farms to purchase the produce,” said Bilyaminu Mukhtar.

He added that some of the buyers now prefer to transact with the farmers through the banks or buying agents in the state and the goods were sent to their respective destinations.

“Banditry, though has significantly in Zamfara, it is still threatening the business of sweet potato. Buyers from outside the state contact dealers and agents in the villages to source the produce for them and later pay through the bank accounts of the farmers or the agents,” he added.

Another farmer from Shinkafi area, Ibrahim Wakala, said they cannot do without potato as they plant it alongside maize and millet.

“Farmers here in Shinkafi and Tsafe area have no irrigation facilities, therefore, they resort to mix – cropping of potato with millet or maize. Before the two cereals mature, we plant potato in between them which takes over the farm immediately after the harvest of the millet or maize,” Wakala said.

The booming sweet potato business

Daily Trust spoke with Hayatu Hussaini, a potato dealer at Lambar Bakura in Zamfara State. He said the main points of potato sale in the state are Mafara, Lambar Bakura, Bakalori, Jangero and Galadi.

“From those points, about ten trailers loaded with potato take off weekly to port Harcourt, Lagos, Ibadan and Abuja, especially during harvest periods around September and January for wet and dry seasons respectively.”

He also said during those periods of harvest, a 100kg bag of the produce sells between N1,500 to N2,000, but in April when the produce is scarce, it sold at not less than N4,000.

A farmer in Nasarawa State, one of the growing states, Mr Tailer Ayuba, who cultivates the crop every year in Doma, said he has found potato to be a very cheap crop to cultivate with little or no fertilizer application, adding that it has improved his income, especially during the early days of harvest.

“Sweet potato is one of the first crops I cultivate every year. It is the first thing I harvest. At harvest, a bag sells between N4,800 and N5,500 in Doma and Lafia,” he said.

Mr. Baruwa Madu trades in the product, buying from farmers in Doma, Lafia and Obi axis and takes it to Port Harcourt and Lagos. He said the crop does better in those markets.

Others said even at the Maraba Market, potato has good value as many of the sellers who cannot access the Lagos, Port Harcourt and other markets take theirs to the Maraba and other markets around Abuja.

In Abuja, a 100 kg bag of sweet potato costs between  N6,000 and N7,000.

One of the sellers of the produce in Bwari, said they take delivery from as far as Zamfara State as well as Nasarawa and Zaria in Kaduna State.

He said the produce price is fluctuating at the moment because of the present situation of the country.

A buyer, Mrs Nkechi Fred, said apart from its nutritional value, she likes sweet potato because it is relatively cheap.

‘’Look at it, this big bag is sold for less than N6,000, you can’t near Irish portato with that amount.

In Port Harcourt, the Rivers State capital, a 100kg bag of tomato is sold for N8,000.

A seller in the state told our correspondent that they buy the produce from Plateau and Zamfara states at between N5,500 and N6,000.

At Old Dakata market in Kano State, a 100kg bag of sweet potato is sold at N8,000 at present.

Our correspondent in the state, however, said the same bag wass sold at N4,000 before the present situation in the country.

In Lagos State, a 100kg bag now sells for N11,000

A seller on Red Street, Jakande Estate in Isolo, Lagos, Faruq Musa, said they bought the produce from Zaria in Kaduna State at between N5,500 and N6,000 but that the cost of transporting it is huge.

Chief Dan Okafor is the National President of Potato Farmers Association of Nigeria. He said the crop has recently gained more attention because of a range of value chains which include chips confectioneries, and others.

According to him, the release of new varieties like the orange-fleshed sweet potato which is rich in beta carotene, a precursor to vitamin A is a game changer to the production of potatoes.

see also ; make massive income from this list of lucrative agribusiness

Make Massive Income From This List Of Lucrative Agribusiness

 

Lucrative farming in Nigeria

Farming in Nigeria has taken a dramatic turn to a better direction in recent years, creating jobs and opportunities for entrepreneurs who dare to go into farming business. Millionaires are currently being made every year through farming in Nigeria and there is certainly no end to the prospects of creating more wealth through farming in the coming years.

There are good reasons why farming in Nigeria is doing very well. Understanding these reasons will help you (no matter where you come from) to think seriously about setting up farm in Nigeria.

1) There is no any other African country where Farming is as viable as it is in Nigeria in terms of productivity and profitability.

2) There is no other country where farmers are more advantaged as they are in Nigeria as regards demands for the produce. Take a look at my top five reasons why you must start Farming in Nigeria now.

Why Farming In Nigeria?

(1) Nigeria has a huge population of over 200 million people, twice more than the populations of Zimbabwe and South Africa combined. The entire population of Nigeria depends on staple foods produced from farms and other farm produces for their daily meals and sustenance. More than 80 percent of Nigerians buy their farm produce from the market.

(2) Nigeria has large expanses of fertile farmlands laying fallow across the nation. Nigerian land area when measured in sq km is about 910,770. The land area of any country is the country’s total area, excluding areas that are considered to be water bodies. So, Nigeria has one of the biggest expanse of Land in Africa of which 70 percent is available for farming.

(3) Nigerian Government is seriously turning its attention to promoting farming in Nigeria to help boost food productions in the country and minimize food importation. The government is willing to assist any would be farming entrepreneur/investors with the necessary supports and logistics.

(4) Nigerians boasts the highest purchasing power in Africa, far more than any other indigenous Africans. We buy things here and we pay cash. Talk about parties, Nigeria is the most merriment people on earth. The food used for parties and merriment in Nigeria can feed four other African countries.

(5) By the time Nigeria attain its full capacity utilization is agriculture, farming will become great foreign currency earner more than the oil. The implication is that Nigerian farmers will be able to earn in Naira and in Dollars as well as other foreign currencies.

List of Lucrative Farming in Nigeria

The prospect for farming in Nigeria is so high that only a fool will ignore it. Having said that, let’s take a closer look at some of the types of Farming that does very well in Nigeria.

1. Rice Farming

Nigeria has one of the world’s highest Rice consumption stat. Rice is by far one of the most popular staple food among Nigerians. Almost every family eats rice daily in Nigeria. In 2011 alone, Nigeria spent N991billion on rice importation and the rice we import is said to be nothing less than 10 years old in storage. That means we spent billions buying rice that has since lost its nutritional values.

Any entrepreneur who goes into rice farming and get it right is sure to be smiling to the bank. A bag of rice is currently sold for N13,000 to N16,000 depending on the quality. A farmer who is able to invest in large scale rice production in Nigeria and able to produce 100,000 Bags of processed Rice in a year, sell at wholesale price of about N10,000 per bag, he will be making 10,000 x 100,000 = N1,000,000,000 ($3million)

You can achieve the above figures conveniently with less than five hundred and fifty million Naira ($1.5 Million) capital investment. I am currently looking for who to partner with in this. If you have the cash, I have the logistics and good planning to achieve this result. Serious investors only!

2. Cassava Farming

The popularity of cassava as the major source of food for Nigerians dates back to ages. Between Garri and Rice, it is hard to tell which one is the most popular food in Nigeria. Both are the most consumed food staples among the citizen. I think if one is the King the other should be the Queen.

A bag of Garri costs almost the same as a bag of rice. Apart from garri, there are countless of other food stuffs that are processed from Cassava in Nigeria. The introduction of the high yield species of Cassava has made it possible for Nigerian cassava farmers to produce more cassava per plot. Nearly every land in Nigeria is good for growing Cassava and 1 Acre, when properly planted and managed can produce thousands of Naira worth of cassava in a year!

3. Plantain Plantation

One thing I like about Plantain is that when planted once, it keeps producing year in year out for eternity. Like Rice and Garri, Plantain is widely consumed in Nigeria. Any food that is popular in Nigeria is always a huge income earner due to the population of the country.

I really haven’t seen Farmers in Nigeria taking advantage of the opportunity in Plantain Farming to create wealth for themselves. Plantain is highly priced in Nigeria and is always in high demand all year round. Fry it, Boil it, Roast it — it will never get angry with you, that’s how liberal Plantain is. I can tell you, Millions of Naira is currently lying fallow untapped in this sector of Farming in Nigeria.

4. Poultry Farming

Everyone knows how profitable poultry farming is, it doesn’t need much introduction. Yet, it is still not fully tapped. What we currently have is few badly managed, scantily equipped poultry farms here and there. I’m yet to see a full fledged, high tech poultry farm except Obasanjo Farm.

Entrepreneur who is able to fire up serious investment into this sector will have huge profit to contend with. The reason is because Nigerians eat chicken more than snakes does and 70% of our consumption still based on importation. The egg is yet another goldmine!

5. Pineapple Farming

Money is sweet, everything sweet is money, and Pineapple is sweet. Ask any Australian Farmer and he will tell you how huge the income in Pineapple farming is in their country. Any juice maker that doesn’t have Pineapple flavor variety in his product line is not yet in business. That tells you how popular Pineapple is, not only in Nigeria but worldwide.

Nigeria seems to have better soil for Pineapple Farming than Australia where Farmers are making it big in the business. A Pineapple sells in Mile-12 market in Lagos for about N200. If you are able to harvest one million in a year, you will earn at least N80 x 1,000,000 = N80,000,000

6. Beans Farming

A bag of Beans cost twice more than a bag of Rice and Garri. The Northern Nigerians are making it big in Beans Farming, supplying almost all over Nigeria and beyond. But one thing is that, this same Beans also can do very well in the South East, South West, and South South Nigeria soils. So why only the North?

7. Catfish Farming

Catfish Business is really hyping in Nigeria right now but how many are really getting it right? Get it right and you’re in money. A single Catfish sells for N700 in Restaurants and about N400 in open market.

8. Goat Rearing

Its only in the North that goat is reared in commercial quantity. I don’t know why we are so looking down on farm investment in the South even though there are millions to be made in this business. Why would you chose to sell used shoes in Oshodi and make few thousands of Naira every year when you could engage in productive farming business and make millions of Naira?

In The USA and Australia, Farmers are among the Richest people – Get involved in professional goat rearing and make money for yourself. A full grown goat sells for between N15,000 to N40,000

9. Snail Farming

I see Snail Farming really picking up in Nigeria very soon — but if you don’t hurry up, others will make all the money before you realize what you are missing.  The potential in this business for you is about N50,000,000 Annual revenue.

10. Maize Farming

You will never know the profit in Maize Farming in Nigeria until you try it. One thing I like about maize is that everything happens fast. It takes less than Four months between planting and harvesting.

Get involved in any of these farming business in Nigeria today and you will never regret it. Drop us a comment if you are in support of farming business in Nigeria.

How To Make Money From Watermelon Farming

 

 

How You Can Make Money With Watermelon Farming

Watermelon Farming

If you are looking for a lucrative agribusiness to start this year, why not consider watermelon farming.  You know it, that juicy, refreshing fruit containing a very large quantity of water.  In fact, watermelon is about 93% water and contains essential vitamins C, B, and A.  It is high in protein, magnesium and is essential in managing weight, body temperature, and even blood pressure.

You see it being hawked by our brothers from the North in wheelbarrows or by roadside market women. Perhaps, you see it displayed in Shoprite and other high-end grocery stores but what you may not know is that it is a high on demand crop consumed by all classes of people and highly recommended for its medicinal and nutritional value by health professionals.

Another thing you may not know is that it is a kind of crop that can grow everywhere in Nigeria.  Most importantly, as a business, you do not need a ton of money to start a watermelon farm.  As a matter of fact, a little investment will give you a high return if you do it right.  Yes, that is the only caveat; planting watermelon requires some level of knowledge on your part if you must succeed.  If you do not plant it well, you may end up cultivating watermelons that are bitter in taste and therefore not sale-able.  So before you venture into this farming business, do well to get some knowledge.

In this post, we provide general detail to stoke your interest in watermelon farming.  We highlight how to make money out of it and what you must avoid succeeding.

What You Need To Start a Watermelon Farm

  1. Knowledge

If you know nothing about watermelon, how to grow it, the variety available, etc, we usually advise that you find a successful farmer and understudy him for at least a few weeks.  For example, there are different types of watermelon such as Sugar Baby, Crimson Sweet, Charleston Gray and Yellow Crimson Sweet.  You have to know which variety is lucrative enough to cultivate, where to get to seed, the best way to plant and when to plant.  Having this knowledge will ensure your success.

If, however, you are not disposed to do a brief period of apprenticeship, get someone who understands the processes and partner with him, then learn from him.

  1. Money

The major investment you may have to make is the acquisition of land.  The size of land will depend on the amount of money available to you.  Of course, the large the land, the more seeds you can plant and the more you will harvest.

With as little as N500,000 investment you can start a watermelon farm.  We have seen people who started with much less but that will be possible if you already have a farmland and will not be using any form of mechanization.  The ROI is huge and can make anyone wealthy.

 

 

Watermelon can be largely cultivated using the manual process but it will help to get suitable equipment as your business grows.  You will also have to invest in seeding, fertilizer, irrigation for constant water supply and labour (farm hands).

  1. Farmland

Not all types of land are suitable for Watermelon farming.  Watermelon thrives in a loamy soil, well drained with a pH of between 6 – 6.7.   Watermelons are almost 100% water and therefore survive where there is a good source of rainwater, full sunlight and well-drained soil to grow properly.  The size of land you get is largely dependent on your capital.  It is important to note that watermelons will not grow in a waterlogged area, so be careful when choosing your farmland.

  1. Watermelon seed

To get the watermelon seed for planting, we advise you take a trip to IITA at Ibadan.  The International Institute of Tropical Agriculture (IITA) is a research institute with a focus on developing input for agriculture and ensuring healthy crops.  You can also buy from existing farmers but visiting  the IITA will help you a lot as they are on hand to even you guide you by providing you with the knowledge that you require to succeed.  Another good way to source your seed is to approach the National Agricultural Seed Council of Nigeria which maintains a database of seed producers in the country to direct you to watermelon seed producers.

  1. Planting

The best time to plant watermelon is between March, June, July, and September if you are operating from the Southern part of the country.  For those farming in the North the best time is between May and July.  The reason for this is because of the difference in soil humidity.  But we observe that with irrigation, watermelon is planted all through the year especially in the North. To get the most of your seed, space your ridges at 6 feet by 6 feet apart.

  1. Harvesting

Between a period of 70 to 90 days, you can plant and harvest your watermelon.  This means you can get a 4 planting and harvesting season in one year.  The fruits are ripe when the vines start to wither or when their looks become dull.

The Market for Watermelon

Watermelon has a huge market.  They are generally sold in the open market but you can do well to develop your own market.  The best way to do this is to approach big grocery stores like Shoprite and other supermarkets around the corner and get them as off-takers.  They will want to visit your farm to access the quality of your fruits.  That is why you will need to implement a good farming method.

Success Factors In Watermelon Farming

To be a successful watermelon farmer and make money from it, you need to put good farming practices in place.  You have to, for instance, apply fertilizer that is rich in nitrogen and potassium. Water supply is important.  If your farm is not located near natural flowing water, please ensure you have a good irrigation system in place.  Finally, put a system in place to take care of pests.  Pests are the primary enemy to watermelons, especially, aphids, fusarium wilt and cucumber beetle.  Most importantly, weed regularly.

 

Conclusion

Watermelon farming can be a lucrative venture. As is common with most of the ideas we discuss on this platform, watermelon farming is one business that is scalable; meaning that you can start with what you have and grow as you gain capacity.  Do not wait until you get that large expanse of land at Lekki Free Zone.

Start with a half plot of land or even that empty space behind your father’s house, get some training, buy some seedlings and just start.  You will find that within a short period of time, you will be in a position to do it large.

Also read ;make massive income from  list of lucrative agribusiness

Various Brand Of Fish Feeds You Can Make money From.

Among the several characteristics of living things is nutrition, and as we were taught in our biology, nutrition is simply the ability to feed. The keyword here is feed. Specifically, this article is centred on the types of fish feed in Nigeria.

It is important to be conversant with the various types of fish feed as it makes you know what type of feed to give your fish at certain points of your production cycle.

Every experienced fish farmer knows that certain factors influence one’s choice of feed for one’s fish. Therefore, in this article, we are going to look at all the information you need to have regarding various types of fish feed.

Types of fish feed
Fish feed

The Categories of Fish Feed

Medicated fish feed

This type of fish feed is treated with medications to treat ailments or correct the unhealthy behaviour of fish.

Dry Fish Feed

Mostly, fish in tropical areas or saltwater regions consume this type of feed. Dry fish feed is common in Nigeria and they are produced artificially using fibre and nutrients concentrates.

Dry fish feed is long-lasting and they don’t sink.

Frozen fish feed and freeze-dried feed

These types of fish feed are produced from organic ingredients found in fish habitation.

Ingredients for frozen fish feed and freeze-dried feed are almost similar as they have certain varying organic ingredients.

The freeze-dried feed contains ingredients such as mosquito larvae, brine shrimp, tubifex worm, bloodworms, and water fleas. The frozen fish feed has similar ingredients as freeze-dried feed but also includes daphnia.

Unlike freeze-dried feed, frozen fish feed is unprocessed, fresh, and perishable. The frozen fish feed can be sold in packets.

Vacation Fish Feed

This is also known as food blocks or weekend blocks.

As the name implies, this type of feed is suitable for fish in tropical areas where the fish farmer will not be present while its fish feed. This type of fish feed easily dissolves and settles at the bottom of the water.

Note that the quantity of feed thrown into a water body should be considered critically as excess feed may be left unconsumed by the fish which may subsequently pollute the water body and kill the fish.

Types of fish feed brands in Nigeria

 

Now let us discuss the types of fish feed brands in Nigeria. Hence:

Skretting

Topfeeds fish feed
Skretting fish feed

Formerly known as Durante fish feed, Skretting has high nutrients, the protein in the Skretting feed can be as high as 48%. It is particularly good when you are raising your fish from fingerlings or you are hatching your fish and has a low feed conversion ratio (FCR). This boosts the growth rate of the fish.

Skretting feed comes in Superior Repro (for broodstock), Fish Starter (for larvae, fry, and fingerlings), and Superior (floating feed for older fish).

Skretting feeds are like a good alternative to feeding your fries with maggots. However, a survey shows that farmers do complain of the high cost of the Skretting feed.

Anyway, if you are considering becoming a patron, they have production facilities in over 18 countries including an Ibadan office in Nigeria.

Top Feeds

Types of fish feed
Topfeeds fish feed

Produced by Premier Feed Mills, a company initially known for producing poultry feeds, Top Feeds is one economic floating fish feed that one can recommend for fish, especially fish of 3 months old.

Top feeds come in Regular (for fingerlings, juvenile, and melange), Omega Fish Feed (for table size fish and broodstock).

The makers of Top Feeds have production plants in 3 locations in Ibadan, Calabar, and Kaduna.

Aller Aqua

Types of fish feed
Aller Aqua fish feed

Aller Aqua does not just involve feed for African Catfish, but also feeds for fishes like Crap, Eels, Salmon, Tilapia, Trout, and so on.

Aller Aqua comes in 3 different packs for Fry, Grower, and Broodstock fish. This helps to facilitate fish growth and health across different stages of their cycle.

Aller Aqua is produced by the company named Aller Aqua. Aller Aqua has factories in Poland, Germany, Denmark, Serbia, Zambia, Egypt, China. The company exports its product to over 60 countries in the world.

Blue Crown

Types of fish feed
Blue crown fish feed

Blue Crown boasts of nutritional strength in amino and protein balance. And for local farmers, Blue Crown makes a great substitute for pricey international brands such as Skretting.

Blue Crown is a major supplement of freshwater fish feed to thousands of local farmers in Nigeria.

Note that Blue Crown is a product of Olam Group with factories located in Ilorin, Kwara State.

EcoFloat

Types of fish feed
Ecofloat fish feed

Ecofloat is another product of Olam Group. It is particularly suitable for local farmers as it is cheap and solves the problem of keeping feed afloat without hassle.

Coppens

Types of fish feed
Coppens fish feed

The percentage of protein in Coppens can go as high as 56%. Coppens feed comes in Advance (for fries), Start premium, Pre-grower, Special pro, Grower, Essence, and Repro (for broodstock).

Coppens makes a great substitute for Skretting and they produce feed for catfish, Tilapia, Trout, Eel, etc.

Note that Coppens is produced in The Netherlands by a company called Alltech Coppens Aqua Centre.

Vital Feeds

Types of fish feed
Vital fish feed

Vital Feed is produced by Grand Cereals, and just like Skretting, has a low feed conversion ratio and high feed conversion efficiency. This helps farmers to have a relatively good profit ratio during fish harvest.

Their fish feed is highly formulated to float when given to the fish which makes the market-leading fish feed.

Vital Feed comes in a 15kg package and their catfish feed ranges from 2mm to 9mm. Vital Feed is highly formulated to stay afloat when thrown into a pond.

Vital Feeds are produced to cater for catfish, gold fry, aquaboom, and tilapia.
Grand Cereals is situated along Abeokuta Express Way.

The types of fish feed mentioned above do not exhaust the various types of fish feed one can find in Nigeria as there are many other good ones.

Note that your choice of from the types of fish feed or fish feed brand depends on some factors. It depends on three (3) factors namely; availability, price, and quality.

What to consider before choosing a brand of fish feed

Availability

You wouldn’t want to choose a product that isn’t readily available especially after your fish exhaust them. When choosing from the types of fish feed in existence, ensure that you can easily get a steady and timely supply of such product, if not, you will only find yourself struggling to keep your fish alive.

So, choose your brand based on the location of your fish farm or the abundance of fish feed in your given location.

Price

This is all about having a sustainable budget that will buoyantly finance your fish farm throughout its production cycle.

Therefore, before choosing from the types of fish feed available; consider the depth of your pocket first, set a budget against the cost of production and forecasted profit.

Quality

Quality is crucial when it comes to obtaining feeds for your fish. A feed of poor quality can render your efforts useless.

The various types of fish feed mentioned are of good quality, but there are unscrupulous characters out there making fake products.

Hence, the reason why you must know of the ingredients contained in a product as well as buy directly from the manufacturers or approved distributors.

This justifies the reasons why this article contains the locations of the factories manufacturing the aforementioned types of fish feeds.

Conclusion

Recall that at the beginning of this article I indicated that every living thing can feed. Well, biology further taught us that food or feed in a balanced quantity and in a conducive circumstance helps to keep us healthy as well as enable our growth.

Therefore, cultivating healthy fish is not just dependent on the types of fish feed used but also on other factors such as species of fish life cycle stage, environment, and feeding pattern.

So, as you venture into fish farming, do well to check out the types of fish feed, considering a suitable feed for your fishes at a given time whilst putting into consideration a given circumstance.

This will help create a smooth operation and a sustainable system. This will give you value for money spent.

ALSO SEE , HOW TO MAKE LOTS OF MONEY FROM  CATFISH FARMING

How To Make Lots Of Money From Catfish Farming

 

Catfish is a staple food in this part of the world and those that are into the business of catfish can assert that it is lucrative. There are people out there making lots of money from catfish business.

Interestingly, there are various ways of making money from catfish business without even owning a catfish farm. Yes, catfish business is beyond rearing catfish from juvenile to table size.

In this article, I will show you diverse ways of engaging in catfish business requiring just some of your cash and money. Below are money-making ways to engage in catfish farming.

Catfish business

This is very technical because you need to be trained and you need patience to gain mastery in catfish hatching. People have paid thousands of naira to learn hatchery.

It involves a process of artificially inducing a female catfish (usually weighs about 2kg or more) to produce fries.

Usually, hatching takes 24 to 48 hours. After eggs are hatched, the fingerlings or juveniles or fries are nurtured for four to seven weeks before sales to farmers that will raise them to table size or melange.

Hatchery is a money-maker in catfish business and you can choose to learn.

Rearing catfish to table size

Catfish business
Table size catfish

This is the commonest form of making money from catfish as many persons are into raising catfish from fingerlings to table size. This involves buying fingerlings or juveniles from reliable farmers and cultivating them for at least 3 months before sales.

Raising catfish from fingerlings to table size is capital intensive as it involves expenses on things like feed or medication. However, the market for table-size catfish is huge because hotels, restaurants, bars, gardens, and homes demand for it.

Sales of broodstock

Broodstocks are simply adult male and female catfish induced to produce fingerlings.

This way of making money from catfish business involves raising your fries to table size then selling them to farmers looking to run a hatchery. Such farmers will buy a melange or table-sized fish then nurture for at least eight months till they are mature enough to start mating and producing eggs for hatching into fingerlings or fries.

A broodstock should not be less than 1kg. A good female broodstock can produce a minimum of 20,000 fries at a go.

This way of making money from catfish business is less risky and expensive. You only need to feed a broodstock once.

Catfish processing and packaging

Catfish business
A processed catfish

This is another cool way of making money from catfish business because the demand for it outweighs the supply.

It involves less risk and you do not have to process the catfish yourself. You can outsource for processed catfish then package, put your brand name, and sell to consumers.

Engaging in consultancy service

There are two ways to offer consultancy services in catfish business and they include; offering consultancy on how to start a catfish business and consultancy on how to manage a farm.

You can make money from consultancy services because there will always be members of the population who need guidance or knowledge on how to run their business or manage their farms.

All that is required is to your time, dedication, and money in learning to become a consultant in the catfish business.

Renting or leasing farm space

This is another lucrative way to make money through catfish farming because about 80% of persons engaged in catfish farming don’t have land or space to erect fish ponds and cultivate catfish.

All you need to do is to acquire land, erect fish ponds if you like (the farmers may erect fish ponds themselves) then rent out to persons that want to start a fish farm or people looking to expand their catfish farm.

However, acquiring land can be capital intensive but it is highly profitable. You’ll be amazed by the number of persons demanding spaces in your land.

Retailing catfish equipment and feed

Apart from involving yourself in the actual cultivation of catfish, you can opt to venture into retailing catfish feeds and equipment for catfish farming.

This can be highly profitable depending on the location of your store and how well you manage your store. Location matters, so you should start a shop in a place where catfish farming is common.

So, you can start making money by erecting or renting a shop and start selling catfish farming equipment or catfish feed. It is a lucrative venture.

VARIOUS BRAND OF CATFISH FEEDS YOU CAN MAKE MONEY FROM

Working as an agent

This is not your regular 9-5 job but it can be quite profitable. This simply involves connecting catfish buyers with catfish sellers, and earning commission based on transactions made.

An agent gets buyers for catfish sellers or sellers for catfish buyers. He or she makes money from a commission based on the number of catfish sold or bought.

Organising catfish business workshops and seminars

Catfish business
A typical seminar

Remember making money from catfish consultancy? Well, organising workshops and seminars is almost similar to consultancy because they both involve teaching or learning.

However organising seminars or workshops  for catfish farming involves the schooling of many persons, at a time, on the ways to run a smooth and sustainable catfish business. It requires you to be highly knowledgeable and experienced. To be able to solve problems and give answers to questions.

This can be highly profitable because each attendee is expected to pay money to participate in a workshop or seminar. People do pay thousands of naira, so you can use this method to enrich yourself in just a short while.

You can also make more money from sales of catfish farming courses in hard copies, ebooks, picture books, and online stock images during workshops and seminars.

Conclusion

Catfish business is an emerging market for entrepreneurs and an opportunity for unemployed youth to empower themselves. There are diverse ways to make money from the business, you just need to recognise what works for you, carve out a niche for yourself, and establish yourself.

The ways to make money in catfish business are all mentioned above, carefully opt for one or two ways that you think you can handle. Remember, every business requires time, discipline, and consistency. Make your choice, start right away and the sky will be your starting point.

How To make money through poultry farming

Poultry farming is the breeding of domesticated birds (chicken, turkey, geese, duck, etc.) for commercial purposes and/or for personal consumption.

Poultry farming is a lucrative but delicate business. Lucrative in the sense that the consumption of the end product; chicken and egg are in constant demand up and down the country and it happens to be a potent source of animal protein outside fish, pork and beef.  More importantly poultry products fall into the category of white meat, believed to be more  healthy for human consumption.

Delicate in the sense that producers are very careful in caring for the birds to avoid disaster which could be as a result of disease infecting the birds.  A good example of the kind of disease that can infect the birds is “bird flu” which can wipe out the entire birds in a matter of days.

Nigeria is a huge market for poultry products since people tend to prefer poultry products to red meat because of the health benefits it is believed to bestow.  Some of the diseases affecting particularly the elderly people such as high blood pressure, cholesterol and heart related diseases are associated with red meat.

Why Poultry farming business is lucrative

  • The choice of white meat over red meat makes the demand for poultry products a choice of business for many people.
  • Ready market The market is available for these products since everybody, young and old, rich and not so rich eat poultry products
  • Quick return on investment Investing in a day old chick, in forty five days has the potential to bring in high profit.
  • Initial capital outlay. The initial capital is low compared with some other investments. With as little as ₦50,000.00, you can start with about 100 day old chicks and in less than two months, you are selling fully grown chickens or you are selling eggs.  However the downside of poultry farming you must be aware of include:
  1. The poultry farm may experience disease outbreak. If the disease is not controlled quickly it may be disastrous
  2. The feeds may be of low quality which may lead to malnutrition of the birds
  • Theft by workers of the poultry farm cannot be ruled out.

Branches of Poultry business

Choice of the type of poultry business you would want to start.  There are basically four different branches of poultry business commonly available  you can choose to go into, they include:

  • Broilers breeding You can go into this branch for meat production.  The day old chicks grow in less than two months
  • Breeding of layers This is for egg production, chickens lay eggs for an average of two years and five months before becoming weak.  They can be sold off at this stage.
  • Production of poultry feeds. This is another area you can do business, since the market is readily available.  Those in the business of raising day old chicks must buy feeds, all you have to do is to produce the best feeds and make contacts with poultry farmers.
  • Production of poultry equipments. This is a huge market on its own.  Poultry equipments are so many, you can choose to produce some of them, they include:-
  1. Feeders: the device for supplying feeds to the birds
  2. Waterers: The device used for supplying water to the birds
  3. Nests: The place chickens lay eggs.
  4. Cages: Boxes made specially for keeping  birds
  5. Coops: a place where the birds are housed.
  6. Incubators: Device to keep eggs warm until they are
  7. Perches: Place of rest for birds
  8. Brooders or heaters A heated structure for raising young fowl.
  9. Waste/disposal system

Now you have an idea of  the various aspects of poultry framing business, let us go into the nitty-gritty of how to start poultry farming and succeed in Nigeria.

However I will be discussing about the production of broilers breeding (for meat) and layers breeding (for eggs) since that is what the majority of players in the industry are into. In summary, I will call this poultry farming for beginners.

 

Steps to start poultry farming business

Here are the steps to start poultry farming business:

  1. Take time to learn the tricks of the business
  2. Decide on broiler breeding or egg breeding or both and have your investment ready
  3. Set the location of your farm
  4. Put up a poultry farm structure
  5. Procure equipment for the poultry farm
  6. Workers for the poultry
  7. Buying of chicks
  8. Feeding the chicks
  9. Selling the products
  10. The budget

 

Continue reading to explore the steps in details.

 

1. Take time to learn the tricks of the business

Many people who are quick to rush into the poultry farming business regret afterwards. It is a delicate business and only those who play by the rules succeed because breeding a day old chicks is not something you can be careless about lest the entire chicks die before you wake up from your slumber.

So the first thing you do after deciding to go into the business is to start a training course on how to breed chicks. Courses are organised by different agencies on how you succeed on poultry farming.

Enrol or consult a farmer, pay a token fee, and he/she will put you through. The reason for this training is that handling day old chicks is extremely technical and a novice in the business must surely get it wrong, leading to the closure of the business. Contact ABC Africa for practical training.

2. Decide on broiler breeding or egg breeding or both and have your investment ready

Your scale of operation depends on the amount of money you have available and how much you can access from the financial institutions in the course of time.

So if your investment runs into millions of naira, you can begin by acquiring a plot of land and putting up a structure deemed appropriate for the business.

You must consult an expert in this area if you do not want to lose money. Two areas to invest are commonly undertaking by many people, i.e. broiler chicken for meat and layers for egg. People do engage on this area of poultry business, i.e. poultry farm for poultry feeds.

The area is not uncommon and can be very profitable since the danger of losing your chicks as a result of diseases do not apply.

3. Set the location of your farm

In locating your poultry farm, you must take certain things into consideration such as nearness to the market where the products are going to be sold but away from the town. It must be emphasized that nearness does not mean close to residential areas since it is disallowed by law.

Moreover, you must consider the noise and odour coming from the birds. But wherever the farm is located, it must have access to roads, adequate security, power and clean water supply, etc.

4. Put up a  poultry farm structure

There are mainly three types of structures for your poultry. Only two are preferred, one is not recommended.

The three are:

  1. Free roaming system Here the chicks are given the freedom to roam about and fend for themselves.  It is highly not recommended since you do not have control of the birds.
  2. The sawdust system The house where the birds are kept is filled with sawdust and the chicks can move freely about within the enclosure.  The sawdust must be changed frequently in order to keep the chicks safe from disease.
  3. The caging system Here the birds are housed in cages.  Different sizes of cages for different sizes of chicks.  In this battery caging system, there is always provisions for the feeding of the birds, laying of eggs and dropping by the birds.  The battery caging system is highly recommended because each group of birds are housed in a separate cage that  it gives the birds freedom of association but it  could be more expensive. For commercial purposes, the battery caging system and the sawdust system must be large enough to give the birds freedom and good ventilation.

 

5. Procure equipment for the poultry farm

The equipments required for poultry business are many and they are all important. Most of them are listed above so you can find out the prices depending on the scale of operation you want to go into.

 

6. Workers for the poultry

If you are operating at a low scale (between 150 and 400 chicks) you can safely manage it yourself, but beyond this level, you engage some workers to assist in the daily operations of the poultry. But as a beginner, I would recommend that you operate in a small way until you get more mature. But if however you are a novice, you can engage an experienced person to work with you for a fee until you gain all the knowledge required to be independent.

 

7. Buying of chicks

You must research for the trusted poultry farmers and buy from them. Try to avoid the risk of buying unhealthy chicks or chicks that were not properly bred in terms of good nutrition’

 

8. Feeding the chicks

At the onset, you can begin with already prepared feeds until you are conversant with the feeds production. So buy already prepared feeds from trusted feeds sellers and wait until such a time you can prepare the feeds yourself.

Please for the medication rules, you must vaccinate the birds at the right time and always provide them with clean water as well as maintain proper hygiene to keep the birds healthy.

9. Selling the products

You must begin consultation from the outset of the retailers of eggs and know the prices that they buy crates of eggs. Collect their names and addresses and inform them that you have a farm and that in a particular time you will begin to supply them with eggs. You must make similar contacts for the sale of live chicken.

 

10. The budget

It will be a futile exercise to run down for you how much it will cost you to start your poultry farming. I would advise you to make a list of all the equipments you would need in the poultry farming business and do some window shopping in order to gather information on the prices. Also don’t forget to find out the cost a day old chick as well the poultry feeds. This is a basic Poultry farming business plan. After feasibility studies, you will have a more solid understanding.

 

Conclusion

Poultry farming has many ups and downs and can be profitable if handled with care.  To be successful in the business, you must be very careful, play by the rules and be patience.

If you are looking for other business ideas then check our page:

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