It simply means you can start making your money at most, after 35 weeks of successfully setting up your poultry farm and whatever returns you make could be doubled in a year based on this calculation.Ĭhicken Sells at Very Good Price: A healthy mature chicken sells between 1,500 to 2,500 naira depending on your location in Nigeria. Chicken Grows Very Fast: Egg is hatched within 21 days and within 28 weeks, they are already mature and ready for the sale.Therefore, if you are lucky to 500 healthy layers California white breeds, they are capable of reproducing a mouthwatering 13,000 chicks within 40 days! Simply put, a layer is able to produce another chicken twice in three days. However, research has shown that some breeds do lay as whooping 325 eggs in a year and it takes them, 21 days to hatch.

Chicken Reproduce Fast: On average, a healthy layer will lay egg almost on a daily basis or at least 5 times in a week.The potentials of poultry farm therefore include: This is one of the main reasons why it is viewed as ideal business for loan seekers to invest in, as it will help them to pay back on time if everything goes well as planned. Different from goats that takes 2 or more years to mature, a well nurtured chicken can be ready for the market within 28 weeks from hatch. One of the potentials of poultry farming business is that chickens develop very rapidly. and even in various homes in today makes poultry farming very profitable as it appears to be an effective source of animal protein asides fish, pork and beef. The end products chicken and egg are in constant demand in Nigeria today, the marketplace like eateries, restaurants, etc. This is because farmers get a great number of chickens frequently either the egg for food or the farming meat. In 2003, chicken importation (excluding day-old-chicks) was banned by Nigeria, which resulted to a significant growth in domestic poultry production in the country.Ĭhicken poultry farming is the most common type of poultry farming in Nigeria.

As reported by ThisDay Newspaper in 2017, Nigeria’s poultry industry was worth over N1.2tn.įrom market size perspective, Nigeria is the major producer of eggs in Africa and closely followed by South Africa. Among the agricultural sector in Nigeria, poultry farming is one of the leading and fastest growing sections. Population growth and increased urbanization are making the demand for products to be fast expanding today in Nigeria and in the rest of African countries. Overview of the Poultry Farm Business in Nigeria

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