You will consider the cost of land, housing, fencing, goat cost, transportation cost, feeding cost, veterinary cost, etc. If you produce just 500 goats yearly and each sold for $150 minimum, you will be making $75,000 per year. are famous for kid production. So the type of goat you must stock in your farm must be the one that is needed locally before you head to the international market. In the housing, effort should be made to make it clean and neat. Milk Productive Goat: These goats are the breeds that produces milk in high quantity and is advisable if your aim of rearing goat is to milk them. However, snail farming business in Nigeria is a type or kind of agricultural venture that if one ventures in it diligently, he/she would not have any cause to regret. based on contemporary circumstance of Barpak. 3. Goats are of a number of different breeds, these different type of breeds produce different quantity / quality of meat, hides, skin, fiber and milk. When you have access to basic farm requirements and equipment and its close to you at the farm, costs will be greatly reduced. Goats like Barbari, Boer, Black Bengal, Katjang, Ma Tou, Crayola etc. Remember that goats are herd animals which means they thrive with company. But venturing into commercial goat farming require some good and practical guide on goat farming to grow a successful and profitable business in agricultural sector. book has analytically covered goat production plan, cost plan, income plan, cost-benefits analysis etc. So, before you begin, make sure you have several goats and not just one. Not only providing profit and a source of income to its farmers, goat rearing is also a source of employment directly to the farmers and indirectly to those who produce its feeds, medicine and those who market it. 1. Starting Your Goat Farm Before you start goat farming, check if it is allowed in your area. I have visited some research institution and big cattle ranches in Nigeria. Housing facilities in goat rearing cost less. Goat Meat Production: There is high demand for goat meat, mostly due to its meat being lean unlike other source of meat, there is absence of fat. Nigeria has 3 main breeds 1) West African Dwarf: This type of goat is commonly found in south western part of Nigeria, their meat has a special taste and they are commonly reared for beef. Do you want to know how to start goat farming in Nigeria? Goat for meat: When you have the aim of farming goat for the purpose of selling them for meat, then this meat productive goats are the best. 1,200. But this is not the best best way for commercial goat farmers. COMPLETE GUIDE TO COMMERCIAL GOAT FARMING IN NIGERIA TABLE OF CONTENTS. There are many breed of goats you can rear on you farm. Pig farming is very easy and pig meat has a huge global popularity. In recent years, goat farming in Nigeria and other countries of the world has been a very lucrative business for many. 3. The popular believe was that goat can only be reared and maintained economically through semi intensive and extensive grazing systems. Roof construction No. Agriculture & Food Farm Machinery & Equipment Feeds, Supplements & Seeds Livestock & Poultry Meals & Drinks Goats in Nigeria. Commercial goat rearing is profit orientated and as such you must make plans for that. The life cycle of a typical Nigeria goat is 8-16 years. Pig farming in Nigeria is becoming very popular day by day. It is a good substitute during goat feed scarcity or when there is little or no forage crops for the goats to feed on. We can supply large quantities of cow skin, goat skin and sheep skin to any location. Rice Farming. Housing, feeding, caring and other management costs are less in goat rearing. Since there are small in size, special houses are not necessary. Goat meats are eaten across the globe and are commonly on sale in grocery stores in the Africa, America, Europe and Asia. Leadway Multiperil Insurance policy will be bought for the farm. There are many ways you can generate income through Goat farming; My initial goal is to begin rearing 100 layer hens on a small piece of land which I own…to get my eye in. Scenario A: If the crops are lost before Harvest, the insurance policy will pay back the costs of replanting your crops and growing your crops to maturity less the policy co-pay. Snail farming in Nigeria requires small capital and the working capital may be very low, ... fishery, cattle rearing, goat farming, etc. Business Ideas with Low Investment and High Profit are Goat Farm. As a country looking for more investment in its agricultural sector, Nigerian government has been improving on its policies to favour investors in this segment of its economy. It improves the health of the goats by providing them with minerals and vitamins. Rearing Sheep with Goat in Nigeria Choice of Land A well-drained land with a stocking density of 15 animals per hectare. Get The Necessary Things And Equipment 4. They will also need shelter and veterinary care. Since goat does not necessarily feed on processed animal feeds, your cost of production will be highly reduced because they will be eating natural nutritious plants in their pasture that grows on their own. Furthermore, as a luminous animal, goats eats almost all edible substances like grasses and green leaves. It requires relatively low capital but yields high profits. Suitable goat housing. With N20,000, you can get two female goats and a male goat to start with. A lot of Nigerians consume goat meat daily as such it can be seen as an everyday commodity that is highly demanded. It reduces the cost of feeding in goat farming business in Nigeria. Current Goat Prices in Nigeria (2021) Aside other factors like type, weight and size of goat, the recent prices of goats in Nigeria depends largely on location and period of purchase. Goat farming requires little capital but it’s profits are very huge. 1. Most times, when youths decide to go into goat farming, the decision is greeted with surprise by their families and friends. Human food wastes are also been feed to goats. This is real life experiences about cattle fating/goat rearing in Nigeria. And let’s say you have about 100 goats in your goat farm, you would be selling for about #5,000,000. This article centers on giving you the needed information and modern guidelines on how to start your commercial goat farming business in Nigeria. GOATS Affordable Prices. There are a wide array of factors and costs associated with meat goat farming. Some things that makes farm suitable for rearing goats are. ₦ 30,000. This is the 1st goat farm. Goat Breed For Skin production: If you need goats to sell for the purpose of skinning them, then goats like Black Bengal, Maradi, Mubende etc produces very high quality skins. Remember, there are some practices that may work abroad and not work here. As a domestic animal, many families in rural are takes goat rearing has a very profitable business and almost every family has one because of its value. This topic is for people who want to start a backyard goat farm or want to fatten 10 cows or less. If you go to hotels, bars, restaurants, fast-food, you will notice that goat meat is dominating, the “goat head” is a popular meat in those areas. Some are good for milk production, some for wool and others for meat. Startup costs of farming goats in Thailand. 48,000. Many people today are starting goat farming business because of low cost of investment and high production. Regards. Raising Goats is profitable business in the world. The following areas in goat rearing will be treated to guide you as you go into goat farming. Because of it’s high consumption rate in Nigeria due to it’s lucrative and profitable features, so many individuals have ventured into goat farming. The cost of starting a goat farming in Nigeria is N500,000. Consider fencing your goat barn or pasture, this will protect them from lost. Omar4 1Department of Animal Health, state 3Department of Agric Extension and Management, Bauchi State College of Agriculture, Bauchi 2Department of Agric. Anyone can invest in goat farming. The cost of rearing goat is low compared to other farm animal. It reduces the cost of feeding in goat farming business in Nigeria. You can invest in this goat farm in Nigeria and support local farmers in NIgeria grow their business while also earn a profit. Chapter 1 1.0 Introduction 1.2 Finding a Market 1.3 Investing in Facilities and a Herd 1.4 Planning for Success 1.5 Time, Labor, and Management 1.6 Other Sources of Income 1.7 Assessing Business Feasibility 1.8 Goat Farm Start-Up Checklist Furthermore, for better production in meat, milk and kidding, a good shelter for the goats us very important. Other reasons why Nigeria has failed to satisfy its demand for milk is the costs of input and hybrids. Farm lands are usually cheaper than lands in residential areas, so you may be lucky to get a very sizable plot at a very good price. Onlike other breed of goat that is reared for either meat, milk or skin production, pygmy goats are reared as pet. The cost of starting a goat farming in Nigeria is N500,000. Goat Farming Business Plan in Nigeria. With this, the revenue gotten from goat farming is higher when compared to the cost of taking care of the goat. Also since goat is a muti-functional animal, you need to look for any of the product that people need more and rear that one. As stated earlier, the prices of cows have risen in recent years and months due to the insurgency in the Northeastern part of the country. As a small sized animal of some weighing 10kg to 100kg depending on their bread, caring for goat is less stressful and their maintenance can be done by any body in the family including the children. The rate of breeding in goats mainly depends on the type of goat you have. A trading company that has extensive reach in Africa. Commercial goat farming is less and can only be found in the Northern part of Nigeria. 2016/ J. Livestock Sci. Land-: First, you would need to purchase a good plot of land that would be suitable for farming. Pygmy goats. They are Boer, Frisian, Katjang, Ma Tou, Sirohi, Sudan Desert, Black Bengal etc. This breeds of goat are Alpine, Anglo Nubian, Saanen, Toggenburg, Barbari, Beetal, Malabari, Marwari, Damascus, Black Bedouin, Jamunapari, Kamori, Sudanese Nubian, Jannei, Kilis etc. Goats breeds naturally on their own to produce you with the right kids. Cost Of Construction: Construction of pig pens, pig pool and other housing should cost about N350,000. Goats are highly adaptable to the climatic condition of Nigeria. Farm Management 8. Goat farming requires relatively low capital but yields high profits. The information here practically proven. In African countries, including Nigeria, goats are kept by farmers and families especially in the rural areas. In recent years, goat farming in Nigeria and other countries of the world has been a very lucrative business for many. Goats are highly adaptable to the climatic condition of Nigeria. Here are vital information on the requirements and cost of starting a pig farming in Nigeria: 1. After going through this article, how to start goat farming in Nigeria will mot be a difficult thing for you again. Since there is high demand for goat meat and other of its product, marketing you matured goat will not be a hard thing for you as a farmer. Business Opportunities in Goat Farming. The business is lucrative and moderately challenging.an invest needs adequate land, nutritious feed, water and labor. When this is done correctly and at the right time, these diseases will be prevented. In this article we will be analyzing the goat farming business and we will give you a quick introduction on how you could start a profitable goat farm. In Nigeria the consumption of goat product is very high and it is one of the most demand things in Nigeria. If you love livestock farming and you have a great entrepreneurial spirit, you can venture into this business and build up a money-making goat farm in Nigeria. Although we will be editing this thread to accommodate more useful information on goat farming. There are different kinds of goats breed for different purposes, These are different goat breeds in Nigeria: (4) Rearing Your Goats: Goats are clean animals which also needs clean water and food. S.N. Provide Fresh Food 7. That is why we said, practical farming, in Nigeria Do not expect too much write ups. Are you interested in setting up your goat farm? Some of the common diseases of goats are Foot and mouth, PPR and Anthrax. You can get return of your total investment within very short time. Nails Kg 8 150 Rs. Housing facilities in goat rearing cost less. Goat feeds on everything that humqns eat and also grasses, plants, shrubs, weeds and herbs. Ensure proper fencing with barbwire or wood. Product like meat and milk harvested from goat are in high demand by many families due to its nutrition value and it use in some cultural activities. Numerous products are gotten from rearing goats. Goat farming is one of the most rewarding animal (Livestock) rearing business anyone can engage in Ghana or anywhere in the world. Show all. Every year, the world population is on the increase and as such, there will always continue to be high demand for food and protein which makes venturing into goat farming now will be very good. P ARTICULARS UNIT QUANTITY Amount TOT AL COST. In Nigeria goats are mostly reared for business and consumption. This ensures the sustainability of your farming operation. GOATS Affordable Prices. The female goats should be more than the males because the … The cost of starting a goat farming in Nigeria is N500,000. (2) Location & Land: You will need a good location for your goat farm. Fixed cost for goat farming business. CAPITAL FOR A COMMERCIAL GOAT FARMING PROJECT. It is highly needed in stall-fed goats. There are many types of goat breeds available around the world for rearing in the goat farm there are ones like Dwarf goats of Nigeria, Cashmere goats,Pygmy goats, Black Bengal goat, Mountain goats, Boer goats etc. Goat farming as a Business MRS, SNV, DLPD 1 1.0 INTRODUCTION There are more than 3 .5 million goats in Zimbabwe, of which 98 per cent are indigenous breeds and owned by the smallholder farmers. Having said that there are several costs that you will incur when you begin. When placed in a good house, the goads are protected from. Affordable meaty goats are available at our livestock market Lagos State, Ajah, TODAY, 05:44 – Livestock & Poultry VIP TOP+ 12. Here are the current average costs you should expect to buy cows in Nigeria based on their sizes. 2016/ J. Livestock Sci. Provide them vegetables, grass, with vitamins, minerals and protein. Cost Of Piglets: Let’s go with 50 piglets (Let’s use N4000 for the cost of each piglets) 50 multiply N4000= N200,000. Goat farming involves the rearing and breeding of domestic goats as livestock. How much does a Goat cost . FARMERS GUIDE is a website that explains different types of farming from croos to animals. 6.0. In Nigeria for instance, you can get a very good plot of farm land with about N600, 000, that’ about $3,500. Goat Meat Production: There is high demand for goat meat, mostly due to its meat being lean unlike other source of meat, there is absence of fat. Anyone can invest in goat farming. The cost of rearing goat is low compared to other farm animal. So apply then and share your veiw, Maize farming in Nigerian (Practical steps), Rice Planting in Nigeria (Practical guide), Cassava farming in Nigeria (what you should know), Snail Farming as one of the must lucrative business in Nigeria, Starting a profitable Poultry business in Nigeria, Starting a goat farm requires low investment, How to start goat farming is not difficult to find, Goat farming and product is not prohibited in any region or culture, Goat farm maintenance is less stressful when compared to other livestock, As a small sized animal, goat housing do not require huge area of land, Goat rearing has a low lisk of investment, Goats has the tendency to reproduce with 7 to 10 months from birth depending on the goat breed, Goat meat and milk are of low cholesterol and so good for all age, Both male and female goats has high market value, Diseases and spread in diseases are low in goats, Goats are multi-functional animal producing milk, meat, hides and skin, Goats are friendly in nature and as such can be reared in open space. Access to a veterinarian Goat farming in Nigeria is very popular and common. In our different villages and some cities today, we see many people who are into rearing of goat in small quantity and many of these people know little or noting about how to start goat farming or and advance knowledge on goat farming. There also need other things like protein, vitamins and water, so you do well to add them for profitable goat farming. We Provide Information And Tips-Influencial Articles That Matters To You, By Ambassador Victor Chidera Some goat type breed faster than others. 7: 126-132 127 1.0 Introduction Goats are reared under extensive farming conditions, mainly for meat (chevon) and to a lesser extent milk. I am looking to set-up a poultry farm in Nigeria selling eggs. Things like meat, milk, skin and wool is gotten from goat. 80 600 Rs. You must then calculate the total weight of all goats. First you must calculate the total number of goats you have, both male and females. So starting goat farming business in Nigeria will be very profitable. If you have land, it will be an added advantage, because with N250,000 you can start a goat farm in Nigeria. Goat farming is one of the most lucrative livestock farming in Nigeria anyone can venture into. Goat farming can be done with other livestock like sheep , so it has low stress on rearing them. Goat farming in Nigeria can be a great source for earning extra income from foreign … Goat farming is one of the most attractive types of livestock farming. Although goat farming business is more common in the Northern part of Nigeria than the South, you can rear goats or any other livestock anywhere in the country. Knowledge of how to take care of goat like feeding, Milking and selling goats are very important to you as a commercial iat farmer. Starting a goat farming business, like any business, requires capital. Show all. Business Opportunities in Goat Farming. Goat prices in Nigeria varies from N8,500 to N20,000 and more than depending on the type and sizes. Insurance Policy: Insured by Leadway Assurance. In commercial goat rearing, good feeding program and management is necessary for optimal yield and lucrative business. Breeds like Black Bengal, Black Bedouin etc are both milk and meat productive goat breeds. Deworming & testing costs about $30 per year per goat. The cost to start a goat milk farm with 10 dairy goats is going to be substantially less than 100 dairy goats. Before you buy goats, do a good investigation, contact farm animal veterinarian, they can help you to make the right decision. 2. Here are successful ways to setup a goat farming business in Nigeria: (1) Business Plan: Before you begin the goat farming project, you will need to decide how you want to run your goat business, your aims, goals and objectives. goats are very expensive and demand exceeds supply which attracts investors. Nigerian dwarf goats and pygmy goats are of different colours and sizes and are common in Nigeria, Cashmare goats are the breed that is well known and used for wool production. Goat meat is widely consumed in Nigeria, and all over the world. Many people today are starting goat farming business because of low cost of investment and high production. 1. This is not a thread for defining and redefining terms. Zailani et al. Therefore, 100 pound weigh goat will bring it $150 minimum. It is a good substitute during goat feed scarcity or when there is little or no forage crops for the goats to feed on. When you provide your stocks with enough feed at the right time, you will get the required result in your goats at a short time. The startup costs for farming goats anywhere in the world is considerably less than for cattle, sheep or pigs. Since you can do a lot of the work by hand you will not have the overhead of expensive equipment that is needed for a bigger operation. In summary, below are carefully verified advantages of goat farming. Decide on the type of goat you want. Some areas may not permit goat rearing. This sample Goat Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Adult big cow: N250,000-N300,000; Medium sized cow: N100,000- N110,000 Types: Goats 46 Sheeps 7 Cows 3. Every Beginner Goat farmer wants to know how they can generate income through Goat farming. There are many options on goat farming; rearing goats for meat, for milk production or for fiber. Like other farming activities like fish farming, snail farming, Poultry business in Nigeria, rice farming, cassava farming, sweet potatoes farming and others, goat farming has numerous advantages and benefits. 6. The cost of starting a goat farming in Nigeria is N500,000. 4. Almost every family eats rice daily in Nigeria. 6. Anyone can invest in goat farming. Goat meat are very high in demand and basically consumed around the world. The cost of tools like cutlasses and hoes for one acre is about N5,000. Nigeria has the best weather and climate for a very suitable goat farming. Key words: Goat production; feasibility; sustainable; Agriculture; Nigeria. This is the main reason of increasing this business in Nigeria. Tags: cost, equipment, Goat breeds, Goat farming, lucrative, profitable, ARTICLES ON BUSINESS IDEAS AND OPPORTUNITIES, 30 Best Art & Craft Business Ideas And Opportunities, 20 Best Automotive Business Ideas & Opportunities, 20 Best Business Ideas In The Entertainment Industry, 20 Best Fashion Business Ideas & Opportunities, 25 Best Importation And Exportation Business Ideas, 30 Best Internet & Online Business Ideas And Opportunities, 20 Best Media Business Ideas And Opportunities, 10 Best Oil And Gas Business Ideas And Opportunities, 10 Best Real Estate Business Ideas & Opportunities, 25 Best Service Business Ideas & Opportunities, 20 Travel, Hospitality And Tourism Business Ideas. Goat farms are not easy to start, it requires lots of skills and land, But once you establish your goat farm, be ready to start making profit in a short time. VICOMO FARMS is … Bellow are some of the product of goat according to its breed. Types: Goats 46 Sheeps 7 Cows 3. Goat Healthcare 9. One amazing thing about this goat rearing is; you can start a goat farming business in Nigeria with as low as N20,000 You can get a mature goat between N5,000 to N7,000 in rural areas in Nigeria. Goat Farming Cost and Profit: Introduction to Goat Farming Cost and Profit:- Well, in any farming, cost and profit depends on many factors and if somebody gets profits in one kind of business, it does not mean that you can get as well.Goat farming is one of the fastest growing business in India as demand for goat meat (mutton) is increasing. Below is a breakdown of the costs which you can expect to deal with when raising meat goats. You will also not need as … Goats are reared mainly for their meat, milk and skin. Many people today are starting goat farming business because of low cost of investment and high production. The milk are used in milk production, it’s hairs can be used for fibre, while the skin can be used in production of wool, knitwear, carpets etc. It is one of the livestock businesses you can start with few goats, and after getting the knowledge scale up as much as you want. This means that there are different streams of income involve in goat farming. Average price for one goat: from N5000 to N30000. 7: 126-132 126 Feasibility for a Sustainable and Profitable Local Goats Production in Nigeria S.A. Zailani1*, H. K. Madu2, N. Abubakar3, N.A. So there are many benefits of starting goat rearing. I will be sharing pictures from time to time on this topic. Goat farming is one of the scalable agribusiness ventures that can generate income through several means. As a goat breeder, you need to wean healthy, heavy kids rapidly and at a low cost in order to guarantee profitability. Approach hotels, restaurants and goats market, Advertise on farming sites, social networks, and through Facebook Ads. Goats are highly adaptable to the climatic condition of Nigeria. Farm Tools. Goat is a small ruminant reared in various parts of the world. Copyright © 2021 TIPSINFLUENCER. Most of them are kept in the drier agro - ecological zones in Natural Ecological Regions IV and V and in Tse -tse infested areas .Natural Goat farming business stands out categorically as one of the most active farming business anyone can do in Nigeria. 4. The co-pay is the amount subtracted from the amount claimed to get the amount payable to your farm. It is highly needed in stall-fed goats. If you have land, it will be an added advantage, because with N250,000 you can start a goat farm in Nigeria. Land Cost: Land cost between N500,000 to N5,000,000. When you have bith male and female goats in you goat farm, thennyou don't need worry. Having said that, let’s take a closer look at some of the types of Farming that does very well in Nigeria. 46 results for Goats in Nigeria; Category. This is so because snail’s feeds are very native, national or local. Goat farming, also known as goat keeping or goat rearing, is widely regarded as a practice for retirees and rural Nigerians. Going into commercial goat farming by some people in Nigeria has greatly improve the economy of Nigeria and reduce the high demand for protein and meat. Kids Productive Goat: when you want to go into bringing up new or young kids and selling them to others to grow to maturity, then this breed of goat is for you. The prospect for farming in Nigeria is so high that only a fool will ignore it. Any body can go into goat farming or can establish his/her goat farming business, because goat farming doesn’t require much labor. Jovana Integrated Farms delivers this essential factor; consistently meeting your requirements. Housing is very important for the health of the goats. Goat farming has been in existence for many years and has been done for many countries in the world. Shoes, bags, belts and other leather-base materials are made from goat skin … A healthy and well-matured goat could weigh about 100-150 pounds (that is if you want to measure your goats in pounds, most seller uses this method). They require plenty of space, you will need to buy a good land for their grazing purposes. Access to a veterinarian Goat farming in Nigeria is very popular and common. Adult west african dwarf or wad goat, available for farming or for meat Lagos State, Lagos Island (Eko), TODAY, 08:41 – Livestock & Poultry 2. The initial investment for starting goat farming in Nigeria is very less, however, it yields a high profit. Very easy and pig meat has a huge global popularity the total weight of goats... ; consistently meeting your requirements practices that may work abroad and not one... 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Victor Chidera in Nigeria and other management costs are less in goat farming and. Areas in goat farming from its rearing ( livestock ) rearing business anyone can engage in Ghana anywhere... And hybrids breed of goat feed scarcity or when there is little no... Is popular in your area am looking to set-up a Poultry farm in a good house, the step! Grazing purposes like in other farming practice and businesses, location is very popular and.! Produce just 500 goats yearly and each sold for $ 150 minimum meat goats ; ;. Just one are herd animals which means they thrive with company source of manure for farmers too Guide., Advertise on farming sites, social networks, and through Facebook Ads, is widely consumed Nigeria. A source of manure for farmers too you as you go into goat farming Nigeria! Becoming very popular and common goat many things or product can be done with other livestock like sheep cattle! 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