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How To Start Poultry Feed Production In Nigeria: A Great Business Idea

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poultry feed production in Nigeria

How To Start Poultry Feed Production In Nigeria: A Great Business Idea

Poultry feed production in Nigeria is a business idea that very few individuals know about the high profit margin of the business. Many people are very eager to set up a poultry farming business, but few of them actually consider the important aspect of poultry farming in Nigeria. Feeds alone account for about 70% of the total cost of poultry farming business in Nigeria. The poultry feed production process is a simple one that anyone can venture into. All that you need is the proper guideline on how to go about it. This article will be giving you the full details and guidelines on how to set up you own poultry feed production in Nigeria. Poultry feed business in Nigeria is so lucrative, but it is quiet painful that Nigerian have left it for the large commercial feed industries that are based abroad but run local franchised industries.

poultry feed production in Nigeria

Also Read: How To Start Profitable Poultry Farming In Nigeria

There is no doubt that the high demand for poultry feeds can only be met through indigenous poultry feed production in Nigeria. You must understand that the poultry feed is the biggest cost component of poultry farming business in Nigeria. It is cost effective to look into the possibility of starting your own poultry feed production in Nigeria. You can start by simply manufacturing your own feed for your bird, or specialize in the production of healthy and quality feed for poultry farmers in your locality. This article will provide you with answers to questions like:

  • How poultry feed is manufactured
  • What ingredients are contained in poultry feed
  • The cost of poultry feed business in Nigeria
  • How to identify best poultry feed in Nigeria
  • How to make poultry feed in Nigeria

Local poultry feed production in Nigeria is seen as a lucrative business venture in Nigeria because of the availability of raw materials as well as accessibility by the local poultry farmers. Poultry feed is food for poultry birds like chickens, ducks, turkeys, quails and other domestic birds. Starting poultry feed production in Nigeria is not that capital intensive. The major things that you need are the right information, knowledge, good marketing strategy and the determination to succeed.

This article contains all that you need to succeed in poultry feed business in Nigeria. When it comes to animal feed production, the profit margin is always high.

Why Poultry Feed Production In Nigeria?

  1. Ever-Growing Market

Due to the ever growing poultry business establishments in Nigeria and the high demand for poultry and poultry products. The demand poultry feed can no longer be met by the few animal feed production companies in Nigeria. Because of the positive health implication of poultry and poultry products, there are more people in demand of poultry birds and their products. The higher the demand for poultry and poultry products, the more feed is needed to grow more poultry birds. Poultry business is a very good business in Nigeria, therefore, poultry feed production in Nigeria is a more lucrative business.

You must not wait till you have all the money needed to start the poultry feed business in Nigeria. You can exploit those that have the equipment so that you can grow your customer base while sourcing for the fund to buy your own equipment.

Also Related: How To Start Turkey Farm In Nigeria

  1. Cheap Raw Materials

This is the major reason for the low cost of poultry feed business in Nigeria.  The raw materials for your poultry feed production in Nigeria are commonly composed of readily available grains. These raw materials include, rice bran, sunflower cake, whole maize, soy, sorghum spent grains, groundnut cake, soybean meal, fish meal, and bone meal. These raw materials can be sourced locally at a very cheap price. This goes to tell you that with your poultry feed mill equipment, poultry feed production in Nigeria is easy to start because the needed raw materials are readily available, and cheap.

  1. It Reduces The Cost Of Production

This is specifically for those farmers that have their own poultry farming business. Due to the fact that feed accounts to more than 70% of poultry farming cost in Nigeria, producing your own feed is really going to be cost effective. As a poultry farmer in Nigeria, you really need to learn how to make poultry feed so as to reduce the cost of production. Starting your poultry feed production in Nigeria will be an added advantage that you wouldn’t want to miss.

Other Benefits Of Poultry Feed Production In Nigeria Include:

  • You can choose to start small-scale, medium-scale, or large-scale production. The business is very flexible and you don’t need to have a poultry farm before you can start the poultry feed production process in Nigeria.
  • The poultry feed mill equipment can be manufactured locally at a very cheap price.

Common Categories Of Poultry Feed 

The quantity of the feed as well as the nutritional requirements of the feed solely depends on the age, weight of the poultry bird and the season. Based on the weight, age and breed of the poultry bird, the categories of their feed include:

  • Chicks Mesh

This feed is formulated to meet the nutritional requirements of newly hatched chicks up to their brooding and whining stage.

  • Growers’ Mesh

Poultry Feed Production In Nigeria

This feed is for the rapid growth and development of the poultry bird. It increases their weight, body size, as well as other internal and external features in order to improve their maturity. This is usually administered after the starter mesh.

  • Layer Mash

This is the feed that is needed by birds that lay eggs. It helps the layers to produce quality eggs. It provides the laying birds with the important nutrients needed more eggs that have bigger sizes. The feed also helps in the hardening of the egg shells.

 Requirements For Poultry Feed Production In Nigeria

  1. Get Your Needed Feed Formula

In order to produce one of the best poultry feed in Nigeria, getting the right formula is key. The right formula is the combination of the ingredients to put together and the ratio with which the ingredients will be put together. The right formula is what gives you an edge over other poultry feed producers in Nigeria. In learning how to make poultry feed, you must understand the importance of putting together the right feed formula.

You must understand that the combination of ingredients required to produce chicken feeds is quite different from the one needed to manufacture turkey feeds. It is at this point that you will need the professional assistance of an animal nutritionist in order to assist you in formulating the right formula.

  1. Ingredients For Your Formula

Poultry Feed Production In Nigeria

These ingredients are needed for the formulation of the perfect formula. For starting your poultry feed production in Nigeria, you need to buy the following raw materials; maize, corn, cassava grits, noodle waste for carbohydrates, wheat offal as the source of protein, soybean meal, fish meal, palm karnel cake, oyster shells bone meals, minerals and common salts. All these ingredients are readily available locally and they are very cheap to purchase.

  1. Poultry Feed Mill Equipment

Poultry Feed Production In Nigeria

This includes all the equipment that you would need in order to start your poultry feed production in Nigeria. The very basic ones that you will need include:

  • Milling machine; This is the equipment that is needed to reduce the grains to the right mesh size.
  • The mixer; This equipment ensures that the micro-nutrients and vitamins are mixed uniformly with the meshed grains.
  • The packaging machine; It is needed for the packaging of the finished product into bags for commercial purposes.
  1. Marketing

Without a well structured marketing plan, you can produce the best poultry feed in Nigeria and nobody will buy from you. You must have it at the back of your mind that it is not enough to produce the best poultry feed in Nigeria. For you to succeed, you must be able to find ways to get your product to the general public. There is no underestimating the power of advertisement, but the highest marketing strategy is the quality of your feed.

If people buy your poultry feed and it greatly increase the growth of their birds, there will be nothing stopping them from coming back for more products. They will even be helping you advertise your product for free.

  1. Register Your Company

In order to greatly increase the general public acceptance of your product, you must as a matter of necessity register your poultry feed Production Company with relevant agencies in Nigeria. The Corporate Affairs Commission reserves the sole right to register companies in Nigeria. Poultry feed also require NAFDAC registration before you can start your poultry feed production in Nigeria.

  1. Have A Detailed Business Plan

No business ever succeeds without the help of a well structured and detailed business plan. The business plan will greatly help you to determine the long-term feasibility of your business. All the feasibility study, profitability of your business, marketing strategy, amount of capital is all found in the business plan. Your business plan is a road-map to where your business is going in the future.

At Entrepreneur Nigeria, we offer professional business plan writing services specifically for you. Here, we add a professional touch that makes your business plan stand out as the best. For your standard business plan that will be available within 2 weeks of your order, contact us on +2347037281050

 

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Agriculture

How To Start Lucrative Chia Business in 2021

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Chia seeds which is the bedrock of Chia Business are edible seeds grown as food in many countries of the world. Slowly gaining momentum in Africa, chia seeds consumption is presently valued at about 400 million Naira and is projected to be valued at 600 million Naira before the year 2025. Chia seeds are becoming more popular as many people have begun to massively use it as a substitute for meat-based protein.

Meet Chia Seed: The Bedrock of Chia Business

Chia Business centres on the cultivation and marketing of Chia seeds. Chia seeds are of the mint family of lamiusee with dark green, thick and wrangled leaves. Each plant has flowers with two lips containing 13 seeds. Chia seed is mostly consumed by vegetarians who opt for plant-based proteins.

Chia seeds grow in tropical environments requiring a minimum temperature of 11 degrees Celsius and maximum of 36 degrees Celsius to be fully matured. Chia Seed Farming is a lucrative business. If you have the wherewithal to cultivate and market it, you can make tons of money for you within the stipulated business cycle.

Start Lucrative Chia Business

The Market value of Chia Business

Chia business is lucrative to do because it avails the investor the following business opportunities:

1) Can Be Eaten as Food:

Chia seeds can be sold to consumers for food. Chia seeds have a wide range of applications in meals: they can be added to smoothies, yoghurts, parfaits, salads, milkshakes and even cereals.

2) It Can Be Sold For Money:

Chia seeds are very expensive and could go as high as N6000 per bag. Chia seeds can be cultivated and sold for profit.

The Health Benefits of Chia Seeds

Chia seeds sell well because of its health and nutritional benefits. Hence, people buy Chia seeds irrespective of the cost because:

  • Chia seeds help relieve constipation.
  • Contain calcium and manganese which improve bone and oral health.
  • Fights osteoporosis.
  • Chia seeds are excellent sources of protein.
  • They are super healthy proteins as they do not contain cholesterol.
  • Fights insulin and stabilizes blood sugar.
  • They contain anti-oxidants which prevent the production of free radicals – cancer causing agents.
  • They’re gluten free and can be eaten raw.

Steps to start a Lucrative Chia Business in 2021

To proceed to cultivate and market Chia seeds on a commercial scale, please consider the following:

1) Get enough funds:

Chia seeds are expensive to buy. Setting aside an investment for it will pay hugely in the long run. It is important to have a business plan that will enable you access funds from financial institutions. If you don’t want corporate funding for the business, you may consider getting funds from family, friends, and acquaintances. However you source funds, endure that the capital you have is enough to start and run this business successfully.

2) Choose the right soil:

Chia seeds thrive on fertile soils. Hence the land you buy or rent for plating this crop should have sufficient clay and loamy. Avoid malnourished and sandy soils. Instead, choose a soil that can retain a good amount of moisture. Plant your chia seeds in well drained soils.

3) Cultivate the Crops:

Chia seeds require soil preparation by disruption and loosening. After properly tilling the soil, create trenches in a row of 2cm, broadcast the seeds and cover the soil. When you notice weeds, remove them immediately.

4) Harvest:

Chia seeds are harvested after the flowers have fallen off. You have to hand pick and spread them to dry.

Conclusion

Starting lucrative chia business specifically Chia seed business in 2021 has attendant challenges such as high cost of seeds, seemingly complicated nurturing process, crop management, and the challenge of the harvesting of chia seeds by hand.

However, with the right capital and viable farm management practices the business can be done with much success and less stress. Employing excellent marketing strategies can help the business grow into a highly lucrative and profitable enterprise or company.

Chia seed already has a wide market demand, employ the best strategies, sell off your seeds, and make your profits.

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Agriculture

How to Start a Lucrative Cabbage Business in Nigeria.

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Cabbage business is fast becoming one of the most lucrative vegetable businesses in Nigeria because of its popularity as a major ingredient for preparing salads. Salads are majorly served in ceremonies and festive seasons. If you start and effectively manage a lucrative Cabbage business in Nigeria, you could be reaping returns in millions of naira weekly.

In starting a lucrative cabbage business in Nigeria, you must have a farm to cultivate cabbages. Cabbages thrive in a cool and moist environment. The crop is not resistant to drought. This means that you should plant your Cabbage seeds during its favourable season which is the rainy season when the weather is till cool enough for it to sprout and grow to maturity.

In getting your Cabbage seeds to plant, please go for high quality seeds which are resistant to pests and diseases. The hybrid variant cabbage seed is of a high quality and can resist pests and diseases. This is the breed of Cabbage seed you should plant if you desire good returns on your investment.

Steps to Start Cabbage Business in Nigeria and Profit From It

Stage 1: The Pre Planting Stage

It is advisable to plant cabbage seeds in a nursery 4 to 6 weeks before transferring the crop to the main farm. While the seeds are being raised in the nursery, use this time to prepare the farm for planting the crops. This involves weeding, tillage, making of ridges or molds where the Cabbage seedlings will be planted. This is all about the pre-planting stage.

Stage 2: The Planting Stage

To ensure bountiful harvest, it is important to note the following while planting your Cabbage:

1) Dig a hole of about three centimeters deep, insert two seeds and cover the hole.

2) Give a space of 45 centimeters between each plant. The spacing should be done depending on the variety of seedling you are planting.

3) Ensure that the P.H of the soil is between 6.5 and 7.5.

4) Always ensure that your cabbage farm is well-irrigated. Avoid areas prone to drought as much as possible. If there will be drought, make arrangement for alterative water sources with which you will irrigate the farm like a borehole or well. Regularly irrigate (practice drip irrigation) and mulch your farm to provide enough water in the farm for the crop and prevent excessive loss of soil water due to evaporation of water from the soil.

Cabbage Business in Nigeria.

5) During the development stages of your cabbage plant, apply manure regularly to provide your crops with the nutrients needed for their healthy growth. When preparing the soil for planting, it is advisable to be heavy-handed with manure. That is to say you apply sufficient manure to the farmland while preparing it for planting the crop.

6) It’s important to control pests such as maggots, cabbage, and worms n your cabbage farm. For this reason, only use the hybrid variant of the seed which is resistant to plant pests.

Stage 3: The Harvesting Stage

Harvest your cabbage only when they have fully matured to ensure a longer storage (or shelf) life. Depending on when you plant, your cabbage should be fully matured in about 3 to 5 months.

After harvesting your cabbage, you are set to sell the product. Go to the market and sell to the vendors there. You can also sell off to the Hausa stores in your community. Get contacts of restaurants and caterers, healthy juice entrepreneurs and offer to be their vendor.

Conclusion

Cabbage farming is highly lucrative in Nigeria; not many people have ventured into the business when compared to the market demand of the product. Cabbage farming is encouraged because aside it being lucrative, it doesn’t require heavy capital. So, if you want to go into Cabbage business in Nigeria, I really encourage you to do so.

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Agriculture

How To Start Palm Oil Business In Nigeria

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Palm oil business in Nigeria is wide and almost all aspects of it is profitable. Palm oil is extracted from oil palm fruits. It is an edible liquid extract gotten from palm fruits of a palm tree using an extraction process. Palm oil is used for many things and generally, in the Nigeria food industry, Palm oil is commonly used to prepare traditional soups in Nigeria. Almost all tribes in Nigeria consume palm oil which makes it a “must have” agricultural product in every home.

Palm oil is used to prepare almost all the traditional soups that we have in Nigeria like Egusi, efo riro, ugwu soup, bitter leaf soup, edika nkong and so on. The product is highly recommended by nutritionist due to its nutritional benefits; it contains vitamins, minerals and low in cholesterol which is makes it good for the heart. Besides its usefulness in food, Palm oil is used for many other things like the ones listed below.

Other Benefits/Uses of Palm Oil:

  • It is commonly used to prepare soap for bathing and washing.
  • It serves as an antidote for poison.
  • It is used to produce animal diets.
  • It serves as food preservatives.
  • It is used to prepare some local cosmetics.
  • It is used in the treatment of skin allergy, boil, cough, etc.

Palm Oil Business In Nigeria – An Overview

Oil palm business in Nigeria started as far back as 1900 in the Niger delta region of the country. It is regarded as one of the major products besides cocoa for exportation in Nigeria and hence served as a source of foreign exchange until 1999 when there was sudden decrease in oil palm production business in Nigeria. This was due to abandonment of the agriculture industry in Nigeria.

In 2003, an increase in oil palm production business was observed across the country due to a restructuring of the agriculture industry in Nigeria by the then government. This brought back the popularity of oil palm business in the country. In Nigeria, oil palm business is considered lucrative because of its wide both either domestically in homes and in several industries across the country. Till date, a substantial quantity of the product is still being exported from the country to many parts of the world.

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

How To Start Palm Oil Business In Nigeria

Starting palm oil business in Nigeria is quite simple but also tasking. This is because it requires a proper and comprehensive market survey to be done before embarking on the business. This article shares extensively how to start a palm oil business in Nigeria.

Steps Involved In Starting Palm Oil Business In Nigeria

1) Get A Working Business Plan

A good business plan is required for a palm oil business which will include total budget for the business and market survey report. A good market survey is compulsory and important in this business. This involves many things but basically it involved consulting an experienced palm oil entrepreneur to know the ins and outs of the business.

For example, as a potential palm oil entrepreneur, you must know the different types and breeds of palm trees and the quality of palm oil that they produce. Also, it is required that you have an idea of palm oil nursery, nursery practices, and planting practices especially if you wish to go into the oil palm raising business and not just the sales/distribution of palm oil. You must also know the storage practices, palm oil processing, palm oil market trend, prices, competitors, available customers, regulatory bodies and taxes.

You will not be able to know these without adequate market research. So, ensure that you carry out subatsntive market research/survey on palm oil business and document the report in you palm oil business plan.

2) Get The Required Start Up Capital

A startup capital can be sourced from personal savings, cooperative loans, Bank of Industry in Nigeria (BIN), Bank of Agriculture in Nigeria (BoA), and other government empowerment programs.  Feel free to write the banks involved, if your proposal is well structured; it can yield a positive result.

Generally, your startup capital must cover the following cost:

i) A Land (Purchased or rented):

A land will be needed for the oil palm plantation. So, you must get the required capital to get the size of the land you need for this business. Of course, the size of land would depend on the number of palm trees you want to start with, that is if you want to go into oil palm plantation business and not palm oil marketing.

 ii) Palm Tree Seedlings:

Again, you need this if you are not interested in just buying and selling of palm oil but rather oil palm plantation. In this case, you will have to first consult an agriculturist, a crop scientist or an experienced oil palm farmer to give you the best seedlings to plant. This is very important because a technical know-how is required when choosing a seedling for oil palm plantation else you mess the whole business up! It is advisable to start with hybrid palm tree seedlings because they mature faster and produce fruits earlier than the local palm trees. In fact, some species of the hybrid palm trees start fruiting within 3 months of planting.

iii) Get The Machines For Processing:

This includes milling and extracting equipment. Aside from using it to mill and process oil for your business, it can help to generate income for the business. In addition, people can come to mill and extract palm oil using your machine and you will make extra money from this.

iv) Get A Good Water Source:

A good water source is important and this would be either a borehole or well. Yes, if sinking a borehole is costly, you can simply dig a well; it will serve the same purpose as a borehole. Water is used during milling and extraction of palm oil. Again, you need this process if you want to go into oil palm plantation business.

3) Labour:

You will definitely need to hire people to help out during each stage of the oil palm business, from land cultivation to sales of products. You can start with contract staff where they work for a certain period, when needed at different stages and they get paid for the work they do and leave.

4) Products Packaging:

This depends on how you want your product to be packaged either in sealed disposable nylon bags or kegs (different liters). However you choose to package your product, don’t forget to label them properly using your company/business logo and emblems which will include your business name, address and other necessary information. This serves the purpose of identification and marketing.

5) Business Registration:

Any business that wants to be trusted in Nigeria and stand the test of time must be registered, hence, you must register your business. The Cooperate Affairs Commission (CAS) in Nigeria is the body set aside by the government to register businesses, companies, and allied bodies in Nigeria. For you to become a certified business owner in Nigeria, you must register your palm oil business with the CAC. Recently, the processes only take few weeks.

6) Means Of Storage:

Palm oil is generally stored in drums or tight containers. Make sure the place for storage is cool and dry; don’t store where it is exposed to sunlight.

7) Means Of Transportation:

As a startup entrepreneur, you can register with small scale logistics companies and they will help with the delivery of the business. Using them makes delivery to customers safer, and faster and best of all is relatively cheap and reliable.

8) Advertise And Digitalize:

In this era of digital and hybrid advertisements, make yourself available online, post online about your business, speak to people, and display your products online. Also, to make purchases easier, take your digitalization game to another level by using an online payment processor like Paystack, Flutterwave, etc. to receive payments.

You might also consider registering with online listing platforms and e-shopping stores like, JiJi, Jumia, Shopify, Oberlo, and so on to sell your product. This will go a long way in broadcasting your business and bringing a lot of returns in the short and long term.

Peradventure you don’t have enough capital to start an oil palm plantation, which is not a good reason not to start with what you have. It’s simple! Just research and speak to oil palm suppliers closer to you. Buy from them, repackage into more attractive containers and sell.

Conclusively, doing oil palm business in Nigeria is one of the best decisions you will ever make, if well planned. This article will serve as a template for any aspiring/potential oil palm entrepreneur. Remember all businesses require hard work, perseverance, dedication and optimism. In all, I wish you the best of luck!

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