One of the major customers for poultry farms in Nigeria are the major fast-food companies like Genesis, Kingfishers, Kilmanjaro, SFC, and UAC followed by hotels, restaurants and then house hold consumers of chicken. Chickens are one of the major sources of animal meat (protein) in Nigeria, aside from pork and fish.Īs a business, poultry offer an opportunity for poultry farmers to earn steady income and also provide employment opportunities for countless number of men and women. Poultry farming has proven to be a very lucrative business not only in Nigeria but in the world at large. The business will reach positive cash flow in its 10th month of operation, allowing for expedited repayment of its loan obligations, as well as for dividends to be paid to the owners. USER COMPANYpoultry Farm seeks N10 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.įunding for the launch of the business will be provided primarily by equity from the partners and investors. Nigeria as the largest nation in African presently consumes about 1.5 million MT of frozen chicken annually and more than 60% of the chicken consumed in Nigeria are imported.Īccording to The Poultry Association of Nigeria (PAN), 1.2 million metric tons (MT) of frozen chicken valued at N660 billion was imported into the country in 2014 alone and this was four times higher than what was produced locally, and exceeding the current industry capacity. We will produce, process and package to meet standard organization of Nigeria and international standard We also offer Kill–‐Cut–‐Wrap–‐Freeze (KCWF) services (e.g., traditional cuts in paper or cryovac packaging). Our eggs are hygienic, rich in protein and of high quality. USER COMPANY Poultry Farm will sell Poultry products, including poultry egg, chickens and poultry litter waste. The Poutry Farm will be located at No 3 Asor close Ada_George portharcourt on a two plot of Land. The farm will be managed and directed by User’s Name, an experienced Nurse and bias in Agro-allied production with over 5 years experience.
USER COMPANY Poultry Farm will be established as a limited liability company owned by User’s Name, and other investors. Poultry Farm is a start-up poultry Farm that will be involved in production of quality and affordable poultry meat and egg and other poultry derivate targeting consumers in Rivers State and the South South Geopolitical Zone of Nigeria
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