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How much does it cost to build a poultry farm in Nigeria?

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How much does it cost to build a poultry farm in Nigeria?

STARTUP CAPITAL Poultry Farming in Nigeria startup costs: 500 birds (point-of-lay layers): N800,000. 5 cages (96 birds-per-cage) to house the 500 birds: N400,000. Cage house or pen construction: N1,000,000.

Can I do poultry farming on agricultural land?

The State Government has exempted stamp duty on purchase of land for conversion of agricultural field to homestead land meant for poultry farming. The main objective of the poultry policy is to produce 100 lakh eggs per day and one lakh tonnes of poultry meat annually.

What is the cost of poultry farming?

Poultry farming is a capital intensive business, and depending upon the scale and the size of the business you want to start with, the fund requirement can be in the range of Rs. 1.5 lakh to Rs. 10 lakh.

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Is there profit in poultry farming?

Taking the weight of poultry birds, averagely 1 kg, you can earn about 10,000 (birds) X Rs. 100 (lowest meat rate in the market) = Rs 10,00,000 means in a very short time period, you are going to earn about 100 \% of returns, which you had spent to establish this business.

Does poultry come under agriculture?

The poultry sector is exposed to all types of natural vagaries like agricultural crops and is rural-based, giving employment mostly to unskilled and rural population, hence it should be brought under ‘Agriculture’ in the Income Tax Act.

In which sector is poultry farming included?

Poultry farming is the form of animal husbandry which raises domesticated birds such as chickens, ducks, turkeys and geese to produce meat or eggs for food. It has originated from the agricultural era. Poultry – mostly chickens – are farmed in great numbers.

Which bank gives loan for poultry farming?

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Axis Bank provides Loan under Poultry Power for fulfilling the financial requirements of the farmers who are in the business of Poultry farming.

How do you fatten up broiler chickens?

Here are five (5) ways to increase broilers weight:

  1. Sort the broilers according to their body size and weight.
  2. Formulate and give them an excellent broiler feed.
  3. Use broiler growth promoter or enhancer.
  4. Avoid starving the broiler chickens.
  5. Procure quality broiler chicks from reputable sources.

What is the price of a day old chick?

Prices of Pullets (layers) Day-Old-Chicks ( DOC)

Hatchery Prices / bird (Naira)
Chi 350
Zartech 330
Fol-Hope (black pullets) 330
Olam 330

How much does it cost to buy land in Lagos Nigeria?

The average price of residential land for sale in Lagos is ₦7,970,000 per plot. The most expensive residential land costs ₦140,000,000 per plot while the cheapest costs ₦500,000 per plot. There are 71,714 listings and 5,560 available residential land for sale in Lagos, Nigeria.

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Is there a poultry farm in Ikorodu?

Newly built poultry farm with a plot of land previously used for pineapple plantation, well fenced with gate for sale. and also uncompleted 5 rooms and a parlour with parking space and a garden space for sale, at the same loc… 2 plots of land for poultry farm at dj adeosun farm settlement at erikorodo ikorodu with 3bedroom flat on it

Where is the farm located at Ijebu Odogbolu?

The farm is located at aiyepe ijebu off odogbolu… the farm is built on 1plot of land with another one plot which has nothing on it making 2 plots of land… both lands will be sold with the farm… serious and potential buy…

How many acres of land does a poultry farm have?

A poultry farm on 4 acres of land, consisting of; 1) two brooding houses of 5,000 capacity each, 2) two pen of 11,000 capacity combined, 3)a piggery house of 40 rooms 4) a 2 tons capacity feed mill 5) two storehous…