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Nairaland Forum / Nairaland / General / Agriculture / How To Start Lucrative Pig Business In Nigeria. (8125 Views)
A Guide On How To Start Lucrative Garri Business With 25,000 Naira. / How To Start Lucrative Plantain Farming In Nigeria / Pig Business (2) (3) (4)
How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 7:29am On Jun 19, 2020 |
Pig farming which is also known as piggery is a lucrative aspect of farming in Nigeria that can pull cash to your bank account on a daily basis. If you’re into pig farming, you can attest to the fact of never lacking money again. The primary reason why you’ll make money from this business is due to the high demand of pork meat in Nigeria and the meat sells fast in the market. Another reason to consider this business is that pigs reproduce in large numbers and grow super-fast. Just one pig can give birth to as much as 12 piglets at a time, making it one of the most reproducing farm animal in the world. Piglets are also called shoat or farrow. A male pig is also known as Boar while the female is a sow. A group of pigs is called a herd or drove. Despite the huge ROI in pig farming, a lot of Nigerians are still ignorant and adamant about this billion-dollar business. While some still doubt the profitability of this business, the few Nigerians who are in the business can tell you that this is the right business to start and smile to the bank daily. As a pig farmer, you can sell a fully grown pig for as high as N35,000 depending on the weight. Now, imagine if you can rear at least a 100 pigs to maturity, you’ll be making nothing less than N3.5 Million from the sales. If you can rear like 2000 pigs a year, you will be making roughly N60 Million. Considering how fast pigs reproduce, it won’t be hard to rear 100 pigs in a year. The question now is, how do you go about setting up this business? Below are some useful guides. Get a Farmland for Breeding If you are a newbie to pig farming, then a plot of land wouldn’t be bad for a start. For large scale pig farming, a big farmland will be worthwhile because it will enable the pigs to graze in the open and then retire to the pen where they’ll continue feeding and playing. In pig farming business, the land is your primary investment. Once you can secure a pig farmland, you’re halfway near a successful business empire. Getting a farmland in rural areas can save you lots of money. One acre of land in a rural area should be roughly N300,000. It’s best you do in-depth research regarding getting a farmland for this business. Once the land is set, you can be transporting your goods to nearby town. Sometimes, butchers may even come to your farm to buy, thus saving you cost for transportation. Getting a large farmland favors the growth of pigs because the pigs will be able to graze around and also exercise their bodies by playing. Build Modern Pens Setting up a big pen is necessary if you don’t want the pigs to injure themselves. A well-equipped and spacious pen can save you lots of money which would have been spent on treating diseases. A proper drainage system is essential to avoid stagnation of water around the pen which could attract disease vectors. To prevent your pigs from getting dirty, building a water pool water pool where they’ll play, swim and cool themselves will be necessary. This concept is essential for their wellbeing. Buy Healthy Pigs Doing a proper research on pigs can as well save you lots of cash. When you buy piglets with untraceable history, you’ll lose a lot of money. You should consider buying piglets with a history of vaccination. It is advisable to start with a small number of piglets and then increase gradually. This way you’ll be able to learn the nook and cranny of pig farming business and eventually, your risk will be minimal. You’ll also the need the services of a vet doctor for regular checkup and vaccination as well as proper feeding and nutrition practices. Employ Workers If you’re starting a small scale pig farming business, you can employ at least 4-5 persons to help you out in cleaning the pigs and pens as well as feeding them on a regular basis. Proper Feeding Proper feeding is essential for the growth and development of pigs. Healthy feeding implies good sales. If you don’t properly feed your pigs, your pig farming business is bound to fail. Pigs need foods containing a high amount of fibre, carbohydrates, vitamins, protein and minerals to grow properly. The sole aim of feeding pigs is to make them market ready, so feeding should be properly done. Pigs like other farm animals need a constant supply of fresh water. We all know the behavior of pigs and we must ensure that their water is changed regularly. Galvanized troughs are easy to clean and should be part of your pig farming budget. Whatever promotes cleanliness and healthy living to your pigs should be properly carried out. In summary, pig farming is one sure way of becoming a millionaire in Nigeria. When you employ these guides in your pig farming business.[ If you need a business plan on pig business, we have a standard pig business plan with 3 years financial analysis here If you need pig pen hose plan Contact Make it well integrated limited . +234 8061619312 Juwon84K@gmail.com 1 Like 1 Share |
Re: How To Start Lucrative Pig Business In Nigeria. by infogenerator(m): 8:31am On Jun 19, 2020 |
Thanks for taking your time to enlighten us about this lucrative business, I joined nairaland for things like this..... I might contact you soon....God bless you 1 Like 1 Share |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 12:35pm On Jun 19, 2020 |
infogenerator:Thank you sir. Looking forward to seeing you |
Re: How To Start Lucrative Pig Business In Nigeria. by dynamix101(m): 2:45pm On Jun 19, 2020 |
Jaywon240: Hi!! Thanks for this article. I do have some questions. 1. What is the weight of a pig that's sold for 35,000? 2. How much will it cost me to feed 100 pigs to maturity? 3. What's the profit margin I will make per pig? 1 Like |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 10:52am On Jun 20, 2020 |
dynamix101:Answer (1) Note that pig is weight business assume that you have 65kg and price is 450perkg is 35,000 (2) is depend on your location because location determine price is different from each state . (3)can I assure you 15% |
Re: How To Start Lucrative Pig Business In Nigeria. by ONIYI93(m): 7:43am On Jun 21, 2020 |
Then like how many months can someone rear pig to reach 65kg from birth.? |
Re: How To Start Lucrative Pig Business In Nigeria. by dynamix101(m): 9:01am On Jun 21, 2020 |
Jaywon240: thanks for ur reply, but from ur analysis, 65kg multiplied by 450 is #29,250 Do u think that an ROI of 15% after up to 8 months is lucrative? |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 4:49pm On Jun 23, 2020 |
ONIYI93:5months with good breed 1 Like 1 Share |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 4:53pm On Jun 23, 2020 |
dynamix101:The breed am dealing with you will get 65 kg within 5months mind you still a production animAls you can sell it 70,000 |
Re: How To Start Lucrative Pig Business In Nigeria. by Alfather: 5:14pm On Jun 23, 2020 |
Op what is the estimate amount to set up a piggry farm of 50 piglet till maturity |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 7:54am On Jun 24, 2020 |
Alfather:Do you have pen already |
Re: How To Start Lucrative Pig Business In Nigeria. by Alfather: 10:09am On Jun 24, 2020 |
Jaywon240:i dont, but am planing to. |
Re: How To Start Lucrative Pig Business In Nigeria. by dynamix101(m): 10:39am On Jun 25, 2020 |
Jaywon240: Please if you don't mind, can you show us pictures of the pigs that have attained that weight in 5 months |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 5:06am On Jun 28, 2020 |
dynamix101:the first picture is4month and 6months and 2weeks
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Re: How To Start Lucrative Pig Business In Nigeria. by Alfather: 7:02am On Jun 28, 2020 |
Jaywon240:how does it cost to construct your kind of pig pen |
Re: How To Start Lucrative Pig Business In Nigeria. by Nobody: 2:12pm On Jun 28, 2020 |
Jaywon240: In your opinion, do you feel Piggery is more lucrative than Cow rearing? PS: Please factor in cost of feeding, housing cost, cost of vaccination and availability of markets. |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 7:31pm On Jun 29, 2020 |
Alfather:is depend on your financial capacity but you can reach me when you're ready 2348061619312 |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 7:47pm On Jun 29, 2020 |
LostAddict:Piggery is very lucrative than cow (1) pig will Farrow (Born) twice in a year the minimum of 20 piglet. While cow will give one in a year. ,,(2)in terms of feeding You will by foods and make use of waste around you it will really reduce your cost ,(3)vaccine is not cost (4) Pen House is your assets (5) Availability of market is 100% sure Thank you 1 Like |
Re: How To Start Lucrative Pig Business In Nigeria. by Alfather: 8:29pm On Jun 29, 2020 |
Jaywon240:what state are you am base in benin city. |
Re: How To Start Lucrative Pig Business In Nigeria. by Nobody: 4:50am On Jun 30, 2020 |
Jaywon240: Nice inputs. So, if a person wants to start with three pigs (one male, two females), What amount space will be required to rear them? |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 8:11am On Jun 30, 2020 |
LostAddict:just 3pens (rooms) |
Re: How To Start Lucrative Pig Business In Nigeria. by Nobody: 1:36pm On Jun 30, 2020 |
Jaywon240: 1.) Will the size of the pen room require a plot of land or they can be created in a compound? Can I see the picture of a pen if possible. 2.) How much will an already vaccinated piglet cost? 3.) Does the gender determine the price or the breed? |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 6:09am On Jul 01, 2020 |
LostAddict: 1.)The size of the pen 8by12 you said for just 3animals you can just built in your compound 2.)Good breed determine the price 3.)cost is 15 K |
Re: How To Start Lucrative Pig Business In Nigeria. by Nobody: 12:10pm On Jul 01, 2020 |
Jaywon240: Thanks for your answers so far, I have learnt a lot. On that price of 15K you stated is it regardless of gender. |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 2:12pm On Jul 04, 2020 |
[quote author=LostAddict post=91263376] Thanks for your answers so far, I have learnt a lot. On that price of 15K you stated is it regardless of gender.[/quot e] BOTH |
Re: How To Start Lucrative Pig Business In Nigeria. by mitchelle16(f): 5:54pm On Jul 04, 2020 |
Please how much will it cost me to raise like 50pigs from birth to maturity,apart from the money for the pen |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 7:56pm On Jul 04, 2020 |
mitchelle16:300k |
Re: How To Start Lucrative Pig Business In Nigeria. by peacealways: 10:08pm On Jul 04, 2020 |
ok |
Re: How To Start Lucrative Pig Business In Nigeria. by willybaby(m): 11:27pm On Jul 04, 2020 |
Jaywon240:selling at an average price of 30,000 that's a total of 1,500,000.. piggery is nice |
Re: How To Start Lucrative Pig Business In Nigeria. by BECALMBECALM(m): 12:02am On Jul 05, 2020 |
How can you use 300k to rise 50 pigs from birth to maturity? Stop saying what you dont know. The minimum you will spend is 600k. |
Re: How To Start Lucrative Pig Business In Nigeria. by Jaywon240(m): 5:42am On Jul 05, 2020 |
BECALMBECALM:Am dealing with profitable pig business mind you will source for waste around to reduce our cost.that's why you must know where to locate your farm to location reduce costs |
Re: How To Start Lucrative Pig Business In Nigeria. by BECALMBECALM(m): 7:17am On Jul 05, 2020 |
Well, from what i have seen and heard i find it difficult to believe that that 300k will feed 50 pigs from birth to maturity |
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