Are farmers in Nigeria exploiting the Nigerian situation or is there a reason why chicken and eggs are so expensive now ?
Over the year, the price of eggs have gone up from 100 naira each to 300 naira and this Christmas, live chickens are going for as much as 25000 naira . In this video, we try to find out what issues a poultry farm in Nigeria would have; we also look into what poultry farm business looks like in Nigeria and how issues in poultry farming affects everyone involved.
To make this video, We visited a farm settlement in Abeokuta as well as kuto market in Abeokuta .
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Now that Poultry farming in Nigeria has become what it is in Nigeria, how can farmers and people that sell or use poultry products still make profit from the business ?
If you are wondering why eggs and Christmas chickens are expensive this year, you will find some answers also if you are looking to start a layers poultry farm in Nigeria , you want to watch this video so you are able to better prepare yourself to navigate through the business.
Chapters
0:00 Intro
0:07 How many bags of feed will 500 chickens eat per day ?
0:18 What's currently the cheapest source of protein in Nigeria ?
2:57 Price of layer chickens 5 years ago
3:30 Price of layer chickens in December 2023
6:30 Challenges with selling live chickens in 2024
9:50 Reason for increase in cost of chicken feed (1)
11:20 Why governments build farm settlements ?
12:07 How farmers got support from Ogun state government and World bank in 2024 (OGSTEP)
14:54 What are agricultural extension officers and why farmers need them ?
16:02 What is egg glut ?
16:40 How cost of agricultural input has affected the price of eggs
17:37 How long do you feed layer chickens for before they start laying eggs ?
17:50 How long it will take you to make your capital in layer poultry farming
19:00 How many crates of eggs can you get daily from 500 chickens ?
20:35 Is poultry farming regulated in Nigeria ?
21:07 How to get buyers for eggs as a farmer ?
24:02 Reason for increase in cost of chicken feed (2)
24:30 How climate change is affecting poultry farming in Nigeria
26:20 How increase in price of eggs is affecting bakeries
27:40 How many eggs make up 1kg (for bakers) ?
Host : Olayemi Olajide (Founder - themarketfoodshop.com)
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