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10 Lucrative Livestock Farming Businesses You Can Establish That Will Give You N200,000 Monthly

Nigeria Student Forum / General Discussion / 10 Lucrative Livestock Farming Businesses You Can Establish That Will Give You N200,000 Monthly

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Sani Ibrahim
Abubakar Tafawa Balewa,University
Agricultural economics and extension
100Level, Nigeria.
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I love any business that has to do with agriculture. As I always
said, because people have to eat, everyone involved in
supplying food-related products will always do business. Most
agri-food products also do not consume capital and have a
market available.
In addition, Africa is a developing continent, and most agro-
industries can be started on a small scale and do not need to
use sophisticated equipment.
The following livestock industries are some of the most
profitable animal farms you can practice.
1. Poultry farming: is the most common livestock in Africa and
has economically empowered many people, both in rural and
urban areas.
The numerous poultry business opportunities, which include
the education of meat broilers, egg layers, the establishment
of an incubator, the production of poultry feed mills and many
others, make poultry farming is very profitable.
2. Goat rearing - Goat meat is loved by many people in Africa
for its unique taste. Goat education is a good aspect of
livestock farming with a high income generation perspective.
This can be done on a small or large scale. In rural areas,
most families keep goats in the backyard. However, you can
go above the subsistence level by setting up a larger goat
farm.
3. Fish farming: This is another large livestock farm with an
available market, low creation costs and a high income
perspective. Fish farming is the most common fish farming in
Africa. You can start this small-scale business by setting up
your own fish pond with a 1000-liter open plastic container.
4. Cattle rearing - Cattle are kept for meat and milk. This is a
very lucrative business, as livestock produces most of the
meat in Africa.
In Nigeria, cattle are raised by nomadic farmers who go from
place to place with their livestock in search of pasture.
However, livestock farming is best done on a farm as it is
practiced in Europe, America and other continents, as it helps
livestock grow better, reduces stress on farmers and livestock,
provides more security for livestock and is related to conflicts.
. to cattle. destruction of people's agricultural lands by grazing
crops.
5. Pig Farming - Pig farming is profitable. If in doubt, read the
story of Anna Phosa, who became one of the largest pig
producers in Africa by starting her pig farm with just 4 piglets.
Its pig farm now has about 30 employees and delivers more
than 100 pigs to buyers weekly.
The good thing about the pig is that they have given birth to
many piglets and that many pigs are kept with the pig.
6. Snail rearing: This is not a popular livestock farm because
there are few people. It provides very little or no competition.
Snails are expensive and scarce in our local markets and
hotels.
However, people buy nails, no matter how much they are due
to their high nutritional value.
7. Dog breeding: Dog meat is fed by different people,
especially in southern Nigeria. Still, most people don’t like
dogs for meat. Dogs are kept primarily as pets and for safety
reasons.
When I recently bought a safety dog, I was amazed at the high
cost of dogs, especially alien species like the German
Shepherd, Rottweiler, Mastiff, Pit Bull, etc.
You can count and sell dogs. It is a very profitable business.
You just raise dogs and sell puppies and they like to be sold as
adults.
8. Beekeeping: Honey is expensive in most African countries,
as few people are involved in beekeeping. This is a company
you can consider as there is little competition in this business.
However, you must be trained before you can start.
9. Rabbits and Grasscutter: This is another business with little
competition. Many people appreciate rabbits and grass meat.
You can sell your grass clippings and rabbits in restaurants
and hotels and directly to consumers.
10. Sheep farming: like livestock, is a lucrative livestock
industry as it provides a good income for the farmer by selling
animals for meat or selling wool used by the textile industries.
Previous livestock farming is one of the most profitable in
Africa. You can sell your animal products in local markets to
consumers, retailers and distributors. You can fulfill the
management of hotels and restaurants and offer to be their
supplier. You can try any of the companies on a small scale
and before you start on a larger scale.
What is your opinion on this article? Please share it with your
friends.

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