How much does it cost to start a goat farm in Nigeria?

Most, if not all of these building materials will be required to construct a habitable 100 capacity goat pen. In that case, the average cost of starting a goat farm in Nigeria is between ₦450,000 to ₦1,000,000 naira (depending on your location).

How much will it cost to start a goat farm?

At present the annual gross revenue of the goat farm is Rs. 4 to 5 lakhs and total annual expenditure is Rs. 1.5 to 2 lakhs giving an annual net income of Rs. 2 to 3 lakhs.

Is goat business profitable in Nigeria?

Goat farming requires relatively low capital but yields high profits. A lot of Nigerians consume goat meat daily as such it can be seen as an everyday commodity that is highly demanded. Even goat faeces are a great source of manure.

How do I start a goat farm in Nigeria?

Starting Goat Farming in Nigeria

1. Select a land which is not too far from the town.
2. Find out if there is another farm located or not, near your selected location.
3. The place must have to be suitable enough to set up a pasture or grazing place.
4. A market near the farm land, so that you can easily buy necessary equipment.

How much is full goat in Lagos?

Goat prices in Northern states like Sokoto, Zamfara, Kebbi, Niger, Kaduna, Kano, Bauchi, and Yola states ranges from ₦7,000 to ₦15,000. While in southern states and cities like Lagos, Onitsha, Ibadan, and Port Harcourt, the average market prices ranges from ₦10,000 to ₦25,000.

How do goat farmers make money?

1. Number of goat kids/batch = 90.
2. Each baby goat weight in 4 months = 16 kg.
3. Total weight gain = 1440 kg.
4. Average live goat meat cost = Rs.200/kg.
5. Total returns (gross profit) = 1440 x 200 = Rs.2,88,000.
6. Running cost per batch = Rs.1,89,000.
7. Total Profit = 2,88,000 – 1,89,000 =Rs.98,800.

How many months does it take for a goat to mature?

Below is the general breeding procedure of a goat. Goat sexually mature: From 4 to 6 months. In season (when female goats are fertile): Between September and March; fertility lasts up to three days. If the female goat is not mated, she will come into season every 21 days.

How much does a goat cost in Nigeria?

How much is a live goat in Nigeria?

What is the cost of a baby goat?

A goat can cost anywhere between $75 and $200 or more. It really depends on what breed you get, how well-bred the goats are, where you’re located and if the animals are registered or not. Usually, the wethers are sold for less and the little doelings can be sold for $200 or more.

Is goat rearing a profitable business?

Goat rearing business is by far among the intensive animal farming business in which a lot of people have embarked on and are testifying of it income return. Another amazing thing about goat farming is that anyone in any place can setup this business and soon enough, they will start making profit from it.

Is goat farming a good source of employment in Nigeria?

Goat farming is a great source of self employment for the unemployed educated people and housewives of Nigeria. You can easily raise 8-10 goats with the same place or feed needed for a cow. Goat farming is very easy and simple. Even the care and management process can be done by the children and housewives.

How many goats do you need to start a goat farm?

It is recommended that you should buy at least two bucks (male goat) and many does (female goats). This is highly essential. The does give birth to more goats, and these helps in the increase of the numbers of your goat. You can also purchase hybrids goats if you want, that is, a combination of different species of goat.

Is goat meat popular in Nigeria?

Goat meat is very popular throughout the country and has a great demand in the local restaurants, hotels and the head sells like hot cake in catteries. Due to high demand of goat meat and other products, there is a great opportunities of establishing commercial goat farming business in Nigeria.

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