Poultry Farming Business

Raise broilers or layers for egg and meat production. 500 broilers raised for 6 weeks and sold = ₦200k–₦500k profit per cycle. Poultry farming is Nigeria's most accessible and scalable agribusiness entry point.

Monthly Potential

₦3k–₦100k

Difficulty

Intermediate

Capital Needed

₦50,000

Income Period

Per Month

🧠 Skills You'll Need

Steady Income Scalable Food Security WhatsApp Business OPay ThriveAgric (offtake) Farmcrowdy Google Sheets tracker

📍 Works Best In

Lagos Abuja Port Harcourt Nationwide

🚀 How to Get Started

1

Start small: 100 day-old chicks cost ₦15k–₦30k — broilers are ready in 6 weeks
2

Build or rent a pen: bamboo and wire mesh pen for 100 birds costs ₦20k–₦50k to construct
3

Source quality feed: Vital Feed, Topfeeds, or Hybrid are reliable brands — feed is 60% of cost
4

Sell to abattoirs, hotels, restaurants, and directly to homes via WhatsApp at market price
5

Scale: reinvest 70% of each harvest profit into the next cycle — 100 birds becomes 500 in 6 months

🎓 Sign Up Free to Get Poultry Farming Business Course

💰 Ways to Fund This

SMEDAN Programmes (free registration, training, grant windows)

₦0–₦3,000,000

Government Fund

Nigerian-owned micro or small business. Free CAC business name registration via the CAC-SMEDAN partnership is a common entry point.

📊 Varies by scheme — many components are free or grant-based; some link to subsidized loans.

🌐 Apply

NIRSAL Microfinance Bank — Targeted Credit Facility (TCF)

₦50,000–₦25,000,000

Microloan

Nigerian household, micro-enterprise, or small business; originally COVID-era, has continued as a general SME/household facility — confirm current status before applying.

📊 5% per annum interest — among the cheapest business credit available in Nigeria.

🌐 Apply

Bank of Agriculture (BOA)

₦50,000–₦5,000,000

Government Fund

Nigerian farmer, agro-processor, or agribusiness owner, including aggregators; scheme-specific eligibility varies.

📊 Subsidized agricultural lending rates — confirm current terms per scheme.

🌐 Apply

LSETF (Lagos State Employment Trust Fund)

₦50,000–₦1,000,000

Government Fund

Lagos State resident, business plan required, typically for registered or registering small businesses.

📊 Low/subsidized interest rates for qualifying Lagos-based entrepreneurs — confirm current scheme terms.

🌐 Apply

⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.