Skip to content

HOW TO START A GOAT REARING BUSINESS IN NIGERIA

Looking for a resource or guide on “How to Start a Goat Rearing business In Nigeria”?

Read on..

This article comes with a free business plan for Goat Rearing farming business.

Goat farming is a lucrative animal rearing business anyone can engage in anywhere in the world. Goat meats are widely consumed around the globe and it’s accepted by almost all religions and sects,  the milk is also gaining in popularity since its use as a skincare cosmetics.

The meat is believed to be the best animal meat available anywhere in the market for good reasons. Not only does it have a great taste, but the meat is also lower in fat and contains higher protein, making it better than chicken and beef which has high fat and low protein compared to it.

In Nigeria, the consumption of goat meat is very high and is part of many delicacies like the popular goat meat pepper soup is so tasty that people come from far and wide to have a taste of it. Yet, few farmers are into goat rearing in the country, most of the goats consumed in Nigeria are imported from the Niger Republic and the North. Nigerian Dwarf Goats are the most popular breed in the country but only kept for family consumption and sold in the local markets occasionally despite the high demand for this meat. A determined person who would seize this goat farming venture by the horns and drive it to the next level will have a lot of cash to turn in – That’s why you should know how to start a goat rearing business in Nigeria.

GET YOUR FREE GOAT REARING BUSINESS PLAN HERE.

IS GOAT REARING BUSINESS PROFITABLE IN NIGERIA

The profit potential of this goat farming business is unprecedented. Let’s look at this analysis, a market size goat weigh about 100 pounds and in many places, goat sale is measured in pound with each pound going for N700. Therefore, 100 pound weigh goat will bring it N70000 minimum. If you produce just 500 goats yearly and each sold for N70,000 minimum, you will be making N35,000,000 per year. Take away N10,000,000 as the production cost, you will be left with N25,000,000 from just 500 goats as profit. Now, who’s a millionaire?

Goats take between 2-3 years to mature, and I assume you have reared your goat’s past maturity stage in the estimate I carried out, and it really doesnt have to be 500 goats it could be more or less depending on your capital and equipment. Honestly, 500 goats per year after a span of three to four years is an achievable goal for small scale farmers.

How To Start Your Goat Farm

  1. 1. Pasture – Acquire a good ranch that grows plenty of grass verities. Goats forage weeds and leaves and could eat different types of plant at different seasons and even days. Acquire land-based factors that will suit you and your business putting the cost of land, size of the farm, cost of transport of products and proximity to the market into consideration. Having done that acquire the land that you deliberated upon. Goats need a large expanse of land, they like moving while eating and they avoid eating plants that are too close to the ground to avoid worm-infested plants. They like keeping enough distance from each other, this way, they reduce contaminating each other. Goats don’t like overcrowded conditions, ensure you have enough acres of land for your goats to roam about free while grazing and feeding..
  2. Fencing – Construct a fence around your pasture that keeps predators at bay and keep the goats in check
  3. Housing – Build a pen for your goats to keep them safe from heavy rains, scorching sun, and other climate factors like cold. Goats relish some measure of privacy when they are indoors, so it is advised you build designated pens for a few goats or you construct it in a way that it will be spacious enough to give each animal some level of privacy. Goats like laying down to regurgitate or chew the cud while resting in a quiet condition. Make sure the housing is made comfortable for them. Some even suggested building a kennel for each goat.
  4. Species – There are different goat breeds suitable for different purposes. Some are very good milk producers, some are good meat producers. Some thrive well in certain areas than others, you need to go for the one that will thrive well in your locality.

Having decided on the goat breeds to go for, be on the lookout for healthy kids. They must have a history of deworming and vaccination. Goats have low or minimal resistance to stomach worms and other internal parasites. Get healthy goats to start with so you have a good stock foundation.

 

Veterinarians – You will need to have an appointment with a veterinary doctor near you for periodic check-up and vaccination, or you employ one full-time, this is very vital if you want low or zero mortality on your farm.

 

CONCLUSION

I hope you now know “How to Start a Goat Rearing business In Nigeria”. With all these in place, you can start on a small scale. Goats do not necessarily eat processed animal feeds, your cost of production will be low because they will be eating natural nutritious plants in their pasture that grows on their own.

How To Download The Full Goat Rearing Business Plan Template PDF (with financial analysis)

Above is a part of the Goat Rearing business plan template in Nigerian. IF you need the complete business plan, follow the procedures to download it.

Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853The text must contain the title of the Goat Rearing business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the business plan in Nigeria to your email address where you can easily download it.

Leave a Reply

Your email address will not be published.