Chicken Farming Business: A Millionaire From A Chicken Business?

How much can you make selling eggs?
How many birds is ideal to start with?
When will you become a millionaire in the business?
We talked with Frank of First Choice Poultry in Gado Nasco, Kubwa, Abuja as we analysis the poultry business with shocking results.
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From Paschal.

[@nonsononso7958]

Nice sir 👍, but you forgot to add the price of buying the chicks and the 20months includes the first 6 or 5 months where they don’t lay and are actually growing , so it’s actually 14 months of lay in their cycle . Cost of buying the crates to place the eggs ( disposable crates ) , vaccines, water , workers salaries should be included once you increase the number to 5000 birds. There are also fixed costs like land , cost of cage , which should be factored in for the first cycle. It’s profitable no doubt but not as you calculated it.

[@vicsamfarm9052]

Nice observation though yet I will cover up

[@olamilekanmakanjuola4553]

You forgot to add the cost of purchasing the chicks. It's a nice analysis, and l love this video

[@macdouglasehi2714]

He did not tell us the cost of feeding them to the point of laying too

[@ezraanyiadoro.c1185]

are u minding him... talk plenty.. this is how they deceive apple into business.. cos u want to air ur KZbin videos.. why is he not doing it.. u think its easy...

[@celestinegomez8026]

He should add it coz it is not a loss. You can still sell the birds where they are done laying eggs

[@ocheodu56]

Nice Information sir, but you grossly underestimated feeding cost for the layers. Its quite more costly than your projections. That's my observation, every other thing is quite accurate in my opinion

[@CHIEFUK1]

Make your local feed

[@leonikirchner9491]

What about the cost of buying the 600 chickens to start with? Or the cost of hatching them yourself?

[@theblackinvestor3990]

900

[@jamesbankole-gibson9078]

Man I love your video... a lot of positive energy... keep it going man. Great research.

[@Top10Nigeria]

Thanks, James. Comments like this keeps me going hard. Thanks.

[@InspiringFarming]

I remember when we did these calculations during lectures; that was when I decided that I won't be another lecturer. I was going into business straight away after my BSc in Agriculture.

[@Top10Nigeria]

One of the best decisions ever. The number of years I spent looking for jobs and earning salary. If I had start a small farm, I would have been big by now. Its not easy but easy does it. Bank of industries gives single unit long term loans to farmers too. A painstaking process but worth it if successful.

[@victoronyeukwu3903]

Very perfect analysis. I'm so doing this right here in Kenya. The demands for eggs and meat is here and cost is higher here as well. Thanks nwanne mmadu. You are the best. I subscribed

[@Top10Nigeria]

Udo. Thanks bro. May your profit be endless.

[@DrKingben]

I'm finding it difficult to check out other videos that you have posted

[@ikmore7709]

We should network for exports from Nigeria to Kenya. Demand is up and down in naija for eggs alone.

[@Top10Nigeria]

Try the Business Playlist. That's KZbin only grouping option. Cheers.

[@Top10Nigeria]

Very high for eggs right now.

[@franklinsmith794]

You’re indeed an Igbo man...I saw how you were shining ur eyes when pronouncing the profits😂 anyways nice one bro👍keep it up #i enjoyed the video.

[@Top10Nigeria]

😅 Nwanne, what can we do?

[@adammaoguh4437]

Nice one! I have just subscribed based on your topic. Keep it up!

[@Top10Nigeria]

Thanks, Adamma. We will always do our best.

[@adammaoguh4437]

@@Top10Nigeria please do a video on catfish farming too. :-)

[@Danielpiphunter]

Thank you brother, I needed this and I got it.

[@legalizepidgin8230]

Brilliant! Love your channel brand and what you're all about! Could you do one for ugu farming if you haven't already? I'm in the UK and have been thinking of going back home to set that up

[@Top10Nigeria]

Thank you for the kind words. I will keep an ear to the ground for vegetables farmers. They will most likely farm Ugu as well.

[@benjaminjefferson6213]

Please do a video on broilers.. PLEASE. im really interested in starting it this year but need INDEPT information about the cons nd prons.

[@Top10Nigeria]

Noted. We will work that into our plan.

[@CCGLOBALLIMITED]

I have a farm already just staffing problems

[@Top10Nigeria]

That's the problem with every company. That's why owners run their business themselves for months and even years. Over that course, they handpick staff they interacted with. Getting good staff is a big problem.

[@junereborn]

Planning on start a very big poultry farm ones am back to Nigeria, thank you so much for this video 😊

[@Top10Nigeria]

It's my pleasure. Good luck in your endeavour.

[@vannaraouk2311]

Thanks for your analysis. I'm interesting with the analysis. Thus, please provide more analysis on layers farm and comparing to chicken farm

[@Top10Nigeria]

I always leave the number of the businesses I interview on the screen (beginning or end) to draw traffic to them. Do call them for more questions. They are always glad to hear from viewers.

[@EtinosaOsayi]

It wonderful I saw this. I want to start poultry farm. Starting with 120 layers....

[@Top10Nigeria]

Beautiful. Cheers, Osayi. Talk to experienced poultry farmers in your area too. Different area have unique challenges. 120 is a good start up number. Learn from your experiences and grow. In 2 years, you should be talking of expansion. All the very best.

[@EtinosaOsayi]

@@Top10Nigeria yes thank you very much. I appreciate it...... I will keep coming here to gain more knowledge

[@rajiismail3116]

You are doing well with your video,its inspiring.But let me say that some assumptions were made in your analysis which may be misleading to a would be investor. I speak as an agro entrepreneur actively into poultry farming. My advice is for any interested person is to do thorough research. Lastly, I advice no one should seek loan to establish poultry farming!

[@Top10Nigeria]

Thank you, Raji. A lot of people have complained on this particular video that I may have missed the mark. I understand and appreciate all their comments. This is the only of my videos I get this kind of comments and I'll do better. I hope to make another poultry video and re-address those marks I missed. It wasn't intentional and I'm disappointed with myself because I like to pride myself on being thorough and comprehensive. I'm sorry.

[@katemamiwata2666]

Wat is the cost of 500animals and shelter and food cost to start?

[@iamjoemomma2]

I've been really looking at Ghana, Nigeria, and Rwanda as investment opportunities. This was a very interesting video and opened up my eyes to a lot. I wonder how much those initial 500 chickens cost to acquire? On another note, do you think $10,000 usd is enough to get started in any of these businesses you have proposed. Such as the provision store, farming, etc? Thanks for the great content!

[@Top10Nigeria]

African is a fertile ground for many businesses and $10,000 is a good start. The reason why I do business mathematics in my video is that maths don't lie (all thing being equal) Do your research and don't look back when you start. Have you watched the Snail farm business? Another good prospect. Consider setting up for post production too. Africa does a lot of manufacturing, export at minimal costs and buy back value added products at a very expensive cost. So if you can enhance the value of your production, you will even make more money. I'm yet to make a video on post production /value added produce. Research and consider that. All the best.

[@iamjoemomma2]

@@Top10Nigeria Thanks for the reply. I would love to hear more about post production! I'm also glad to hear that 10k is enough! I hope to have enough saved soon to come.

[@Top10Nigeria]

You are correct.

[@abdulganiyybalogun3122]

Please can we get a video on cow/cattle rearing too? Thank you very much.

[@Top10Nigeria]

Nice. That's a good one. Beef is the most common meat eaten in Africa. We have taken note.

[@Mywatercrystaltv]

@@Top10Nigeria The earlier we start raising our own cattle in the south and Midwest, the better......

[@DrKingben]

I've subscribed to this channel already. Please work on this for those of us in the South@@Top10Nigeria

[@muhammadfaruk5238]

Good day Sir, I think the number posted as Frank's is wrong . I tried reached out to him but a lady picked , and from what she was saying, I seems like many people have been calling her asking for Frank. So I think you should do something about it. Thank you 😊

[@Top10Nigeria]

I'm sorry about that. I just called the number and it went through to Frank. What he said is that it's a mix up that happens whenever his phone is switched off. Calls get forwarded to that woman's number. He is yet to fix it. So I guess you can call again later.

[@mumumumu3573]

To all the people saying his maths is wrong and his estimations are wrong: you really should post your own. Make you criticism constructive otherwise you're just a hater.

[@khexceifo5806]

thank you for the information., how much space of land is needed for 5 to 6000 birds pls?

[@Top10Nigeria]

Hello, Khex. Please call the farmer. His number is on the screen (beginning or ending)

[@khexceifo5806]

Ok i will, thank you.

[@nkemmarcel3859]

Biko maxi Paschal Okwara, this is my first time of seeing your video. I'm so impressed, keep it up indirectly to you sir, you are changing somebody's life right away. It has been my dream and plan to set a mega farm, include poultry, piggery and goats. God bless you sir.

[@Top10Nigeria]

Bless you too, Nkem. I wish you the best with your farm whenever you setup eventually. Cheers.

[@QBC_raps]

Very helpful. God bless you

[@Top10Nigeria]

Thanks, Chris. Remain blessed too.

[@isaacobioma8772]

Very lucrative

[@eyblender5896]

big business out there!

[@Top10Nigeria]

It is. If you do layers, you will definitely gain. There is a poultry farm near my residence. We call in the morning to book for eggs and pick up around 2pm. A crate (depending on the egg size) is N950 - N1200 and I always meet 2 or 3 sellers leaving with at least 5 crates. I always buy a crate. But I imagine the person makes at least 10k daily on just eggs. N200 - N300k monthly. Just eggs.

[@eyblender5896]

@@Top10Nigeria You make me dream. I have the project to do the same in Haiti but more about chicken meat. Egg and chicken meat are imported mostly..We can all win with this bird!

[@renatusaguele8178]

Nice one sir. Greetings from Frankfurt.

[@Top10Nigeria]

Thanks, Renatus. I appreciate. Compliments of the season.

[@martinsmajor2282]

Please where did u buy your day old layer?

[@Africanpvp]

i like this very much. very interesting

[@Top10Nigeria]

Thank you. We will endeavour to bring more like it.

[@wealthpulsetv]

Thank you for putting this video and accompanying maths together. Do you know how much it cost to buy each bird? I am interested in starting ASAP

[@Top10Nigeria]

It depends on your location. A day old pullet is about N210. You might want older chicks with higher survival rate. Those are obviously more expensive. Nonetheless, ask around in your area.

[@sulaimonmukaila556]

I dont know why he said 24hrs but I think its averagely 36hrs for the layers (Isa brown)

[@joshua70912]

That's a good idea for women in the world

[@vicsamfarm9052]

Pls make me a video on Nigeria indigenous chicken.

[@Top10Nigeria]

Most people don't rear those in pens. They let them roam and thwy return in the evenings. It's had to find a commercial breeder.

[@goyneser1]

Awesome Video Thanks.😎 Subscribed.

[@Top10Nigeria]

Thanks for the sub! You are awesome. We will always bring more quality contents.

[@macdouglasehi2714]

You did not tell us the cost of feeding the birds till they start laying eggs

[@ezraanyiadoro.c1185]

are u minding him... talk plenty.. this is how they deceive apple into business.. cos u want to air ur KZbin videos.. why is he not doing it.. u think its easy...

[@martinsokah7617]

@@ezraanyiadoro.c1185 so u didn’t hear the part where he deducted 2million naira

[@joelnyarkoh2664]

Can you please give me the structure size and number of birds it contains if layers

[@Top10Nigeria]

Our researcher have included this inquiry in their work list. I will present the results ASAP.

[@missdigioia]

This very enlightening.

[@Top10Nigeria]

Thank you. We appreciate you.

[@michaelsafoaboagye6208]

The estimation is wrong. No chicken lays 500 eggs.Maximum is 300 from the hybrid type check the types of chicken breeds and you will know. Its a good program and continue with it.

[@Top10Nigeria]

Thank you, Michael. We have taken note and would definitely factor this input in our next related documentary. Cheers.

[@vicgabanna1816]

Fast forward 3yrs to today egg sold 2000naira

[@Top10Nigeria]

😁 It's crazy the way things go these days.

[@babukarsanneh8271]

I'm watching from Italy 🇮🇹 a man from 🇬🇲 enjoy your video thank you so much, but so funny hahaha don't take loan

[@iyarewayne8712]

Thanks 4 d information 👍👍👍

[@Top10Nigeria]

It's our pleasure, Wayne. 😊

[@kennedykipsang9124]

this is great ,

[@Top10Nigeria]

Thank you, Kennedy. We always try to make ALL our business documentaries quality. Comments like this encourage us more.

[@katemamiwata2666]

How big is a shelter for 1000birds

[@Top10Nigeria]

We believe the farm can answer this question better. His number is on the screen. (beginning/ending)

[@pharmjabir]

It was profitable 🤣🤣🤣

[@talatumohammed5960]

Thank you somuch

[@Top10Nigeria]

It's my pleasure. Cheers.

[@chukwumaogbonna5103]

am interested in this business i want to start it in abia state but i don't know how to go about it i need more lesson

[@Top10Nigeria]

I believe the number of the farmer is on the screen. Check beginning or end of video. He will be willing to talk with you.

[@macdouglasehi2714]

look for the nearest poultry farm and speak to someone and do apprenticeship for a month or 2 months

[@kemog751]

Hi, Are you related to one Chigozie that went to Govt College?

[@Top10Nigeria]

Govt college, where?

[@kemog751]

@@Top10Nigeria Owerri. My mum worked with his mum as a nurse before she retired in the late 90s.

[@esmaflagos7150]

I need a poultry for rent in Abuja

[@manythanksmanifesting1725]

great job

[@Top10Nigeria]

Thanks a lot. We appreciate your support.

[@manythanksmanifesting1725]

Let's keep growing together

[@vicsamfarm9052]

Don't mind them let dem continue traveling out

[@Top10Nigeria]

😁

[@austeenosumah7481]

Very bogus and misleading calculations. Anyone who invests money based on your analysis will be disappointed. As an analyst it is better to talk to farmers who have been in the business for 5 to 10 years.

[@Top10Nigeria]

Thank you, Austeen for your contribution. We usually draw our projections and analysis from the info we got from our interviews so we can be as close to the facts on ground as possible. I hope you watched our interview of the farmer. Nonetheless, what maybe true for one farmer maybe different for another. You will be more productive if you could share your projections based on your years of experience than put down another farmers info. That way others can learn from you.

[@mumumumu3573]

Yet you did not have any input to show how exactly his numbers were "bogus" and "misleading". Some people like you are just pessimistic and don't want anyone else to make progress because you're too afraid to do it yourself. If you can't do it don't put others off abeg.

[@chukuemekaanopueme5417]

Good piece of information. I think N2,000,000 is too low. For 500 birds, it will consume around 2.5 bags a day and on the average, a bag cost about N3,300. When you do the calculation for the duration, you will get more than N2,000,000 excluding other costs such as vaccination, etc.

[@sirolawealth4476]

@Michael Ocan I please get your contact

[@jesusblessmeheavenly6958]

You painted a too rosy picture. Your calculations are not correct at all. The best advice is for anybody to buy few birds and experiment. Mortality and cost of feeds are two most challenging problems.

[@joelnyarkoh3687]

What’s the dimensions of the structure that takes the 6000 birds please

[@Top10Nigeria]

Please check for the contact of the interviewed farmer for inquiries. It should be on the screen at the beginning or ending of the video. He will be happy to hear from you.

[@ajana7766]

I love the video especially the part u said am a Igbo man

[@Top10Nigeria]

😁😁😁😁 Thanks Emmanuel.

[@billiejean6574]

youtube is worldwide platform. ensure to convert the currency in dollars or pounds for the general public too

[@Top10Nigeria]

Noted. We always do. However, I apologise for any incidents we missed that mark. Thank you, Billie.

[@temitopekolapo8166]

Pls can i have the number of the manager

[@Jenny-hk6eg]

You forgot selling the droplet aka poop

[@Top10Nigeria]

Big money. Farmers always need them and it's never enough.

[@richardprince3775]

Hi, I'm a farmer here in agric Ojo. This your information is very very wrong. You didn't calculate infrastructure. You don't get much gain in the first year calculating the cost of cages and if you do free range you'd pay workers higher cause it's more stressful to pick eggs and you'd loose eggs too due to breakage. You need to fumigate both free Range and cage. Cleaning of dump.

[@mumumumu3573]

But after you have set up your infrastructure in the first year you will begin to make plenty profit, abi? Everything is about time and patience.

[@kylejones640]

Lol Math isnt a strong suit here.

[@94240chris]

Go back to the mother land for a better future for a continent is not question.

[@Top10Nigeria]

You are a strong point, Nini.

[@94240chris]

Thank you im half French half from ivory cost living in Switzerland and i planning to move back to ivory cost for open a chickens farm and employed peoples. And my points of view is to the diaspora to go back to Africa for make Africa better and to be respected to other continent.

[@Top10Nigeria]

True. Our political leaders are another hurdle. If they behave honourably, instead of holding on to power and mismanagement, things will get better for Africa.

[@94240chris]

@@Top10Nigeria of cours not question asking. But everyone knows, ours africain presidents looking for them intereste and for them frend this is why Africa take so long for developing

[@georgavor9735]

you have no ideas from poultry farming!!!

[@Top10Nigeria]

Ok

[@temitopekolapo8166]

I mean the WhatsApp number

[@Top10Nigeria]

His number is on the screen. During introduction.