Is Pig Farming A Profitable Business In Nigeria
Top Lucrative Livestock Farming Business in Nigeria. Commercial pig farming is beneficial due to the fact that pigs are prolific breeders and can deliver 10 to 14 piglets in a single birth.
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I mean Nigeria is a major consumer of pork and 80 of it is imported.
Is pig farming a profitable business in nigeria. In as much as theres a religious proscription to the consumption of pork we cannot ignore its usefulness and benefits to our health and nourishment and just how lucrative the pig farming industry is. Keep in mind that pigs are highly reproductive animals and you will relatively easily come up with 100 pigs in a year. It is a wonderful business idea and very profitable.
Generally in the US from 1 pig you can get a net profit of 100- 500 after half a year of farming depending on how you sell the pigs meat whether you will process its meat or no and how you will feed it. This is the main reason of increasing this business in Nigeria. Big farming is now increasingly becoming very popular day by day.
Pig farming is profitable in such a way that pig give birth in high quantity. If you will do your best and take it higher and if you will build a largest pig farm in Nigeria for example 2000 pigs in one year you will be earning upward of N60 million. Pig farming in Nigeria is a lucrative venture that is producing millionaires around the world.
Not at all. In fact the business is practically nonexisting in the core Northern zone as the consumption of pork and other products from pig is generally viewed as haram unlawful. Some see this business as a low life business while some are not committed in it.
Pig farming in Nigeria is lucrative because pork meat is in high demand in the Nigerian market and also due to the fact that pig reproduces quickly and in great number. In Nigeria pig farming business is generally more lucrative in the Southern region of the country. The profitability of pig farming vary depending on how and in what form you want to sell produced pork.
You can get return of your total investment within very short time. However pig farming enterprises are also found in and around towns and cities in many areas of Nigeria and stand a good lucrative source of income when properly managed like every other farming business. This video is about pig farming business in Nigeria.
Because pigs are so prolific a female can give birth to up to 10 piglets at once and its meat is one of the most consumed in the world even in Nigeria. At the end of the video you can visit our nearby associates pig farm for practical training. These advantageous qualities make the production cost of piggery lower than its range of market prices presently.
Livestock farming is a very lucrative and profitable business because of its high and increasing demand in Nigeria. Pig farming is booming in Nigeria if you go to eateries or hotels you will confirm that pork meat is on high demand Then what of sausages Pig products are used in manufacturing them. Pig farming is also referred to as piggery.
Pig farming is very easy and pig meat has a huge global popularity. Pig farming in Nigeria is the third most profitable livestock farming in Nigeria. Obafemi Oyenubi says pig farming is one of the cheapest agricultural businesses one can invest in because it is not highly capital intensive.
So here is your full guide lets see how lucrative is pig farming in Nigeria. Pig meat also known as pork is also high in demand almost everyone loves eating the meat. Corroborating Adetutus views another pig farmer and the Chairman Lagos State Council Agricultural and Allied Workers Union of Nigeria Mr.
Even though there is huge profit in pig farming so many Nigerians have refused to take cognisance of this great opportunity to make money because of the nature of the business. Pig farming in Nigeria is one of the lucrative and profitable livestock businesses. Pig farming in Nigeria is becoming very popular day by day.
Stress and religious believe reduces the profitability of pig farming. Some people tell you Hey pig farming is the most lucrative business in Nigeria Other people even go as far as stating figures If you can invest 1000000 in the pig production youll have Return On Investment of 10M If you believe these people youre deceived. How To Start Pig Farming In Nigeria One pig.
SO IS PIG FARMING PROFITABLE BUSINESS. Pig farming which is also known as piggery is a profit-making business idea that can pull cash to your bank account on a daily basis. Pig market in Nigeria Usually live pigs or pork are sold very fast in Nigeria.
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