Region:
Nigeria
Sokoto
Sector:
Agriculture and Agri-processing
Food and Beverages
Summary:
Investors have the opportunity to invest in the establishment of a poultry farm in Northern Nigeria. Layer chickens have been identified as the most lucrative area although a market for broiler chickens also exists.
Contact: Nasir Shehu Zarummai
Email: zarummai@yahoo.com
The Sokoto State Government is looking for investors to set-up a poultry farm near the airport. This project has the potential for short term payback and long term profitability.
Both broiler and layer chickens can be reared although the latter has a greater income capacity because of egg sales.
Layer Chickens
Most species of layer chicken attain maturity within five months and are then able to start laying eggs. The egg laying ability can extend beyond eighteen months at a daily rate of one egg per hen.
Facilities:
The Sokoto State Government has set aside a vacated block in the vicinity of the airport that can be adopted for this project.
Market:
With a population of close to 4 million people, Sokoto State has a ready market for chicken eggs. It can also be sold in neighbouring states.
Projected Cash Flow:
The following is an estimated summary of the revenue investors can realise from 180 chickens. It is expected that a savvy farmer can greatly improve on these figures.
Number of chickens: 180
Daily number of eggs: 180
Estimated annual income: N1 080 000
Estimated annual expenses: N324 000
Estimated annual profit: N756 000
Investors interested in this opportunity should contact:
Office of the Executive Governor, Sokoto State
Contact: Nasir Shehu Zarummai
Email: zarummai@yahoo.com
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