Goat Farming Business Plan in Nigeria - Feasibility Study on Goat Farming

Goat Farming Business Plan in Nigeria – Feasibility Study on Goat Farming

Today I would be filling us in on how to start a goat farm in Nigeria. This is another sector of animal husbandry whose profits are yet to be tapped fully. It is a common practice in Nigeria, either for keeps or commercial purposes. The latter is common in the northern part of Nigeria.

Also Read: Poultry Farming Business Plan in Nigeria

Get your Goat Farming Business Plan in Nigeria today.To order the business plan in Nigeria, pay N10, 000 to:

BANK NAME: FIRST BANK PLC

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 3066880122

After payment, text your full name, email address and title (Nigerian Goat Farming Business Plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.

The high demand for goat products makes it a highly profitable venture.

Fun Facts About Goats

Goats are so valuable, that in the past they were used in replacement for silver as payments.
Goats hits puberty when they are about three to fifteen months of age.
They are adaptable to climatic conditions.
Goats being herd animals do not thrive singly, they tend to be depressed.
Life expectancy is between fifteen and eighteen years.
Intestines of goats are used in production of catgut, a surgical instrument.
Each kid has a unique scent with which its mother recognizes it.

Benefits of Goat Farming

Every product off goats are all marketable from the skin, meat, manure, milk, they are all in high demand.
Goats are highly adaptable to the climatic condition of Nigeria.
Anyone can invest in goat farming.
Housing facilities in goat rearing cost less.

Business Opportunities in Goat Farming

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. Bars and restaurant who engage in the sale of isi ewu, asun , are always in demand of goat meat. Demands are also on the rise during festive periods such as the muslim celebrations.
Diary Production: Diary products ranging from yoghurt, milk and cheese can be processed from goats, although this is not a very common practice in Nigeria.
Wool Production: This is also not a common practice in Nigeria, but this is an opportunity, if the wool can be extracted and exported to other countries or sold to clothing companies, that would bring in more profit.

The common goat breeds in Nigeria are:

Dwarf Goat: This breed is used for diary purposes, but in Nigeria, its meat is best used for pepper soup , and other meat demanding delicacies. It is common in the south western part of the country, it has been found to have high resistibility to trypanosome (sleeping disease).

Sokoto Maradi Red: This breed is commonly found in the north western region of the country.

Borno Sahel: As the name implies, it is found in the sahel region of the country, they are well adapted to trekking long distances.

Others include kano brown,west African long legged goat, bauchi type, amongest others.

Those are the major breeds common in Nigeria, but some farmers tend to import foreign breed so as to cross breed for rearing purposes.

Depending on choice and business target, goat farmers can either go for:

Goat Fattening: This system involves feeding of the goat intensively just so they can attain a market value weight. Only goats in healthy conditions are fit for this. Advantages include; being easy to manage, quick cash, the results of fattening are visible.

Goat Breeding: In this system, you are required to mate the doe (female goat) with the buck (male goat) to produce offspring, you have to be familiar with the heat period of the doe. After a successful mating, fertilization occurs, gestation period takes about five months. This technique is time consuming unlike goat fattening. But for those that are really concerned about specific breeds, or those who would like to engage in cross breeding, this system is for them.

Venturing in to goat farming can take any of the following forms:

Extensive System: This system involves, leaving the goat to roam about in search for food and shelter, and this actually works because the goats are highly adaptable.
Semi-Intensive System: In this system, goats are provided with shelter to protect them from weather conditions such as rain or storm.
Intensive System: In this system, the goats are confined within a wall or fence and are provided with food, shelter, water and vaccines.

Steps to Starting a Goat Farm

Acquire a Pasture: In acquiring a pasture, it is important that the land mass is wide enough for the goats you would be investing in, availability of clean water, closeness to veterinary services, closeness to market, transportation service should also be put into consideration.

Fencing: This is important, goats being the curious type of animals tend to wander about in herds, they might end up causing a nuisance to the neighborhood.

Housing: To achieve this, a pen or barn would suffice, it should be well guarded as well as being well ventilated.

Acquisition of Breeds of Goats: After much feasibility studies, you would come up with the particular brand of breed you want to invest in that would suit you. If you are interested in rearing goats for meat sake, the breed you would be acquiring would be different from the one that will be reared for its diary product or skin. It is more cost saving to buy these goats from village markets in places like Kano, sokoto or Zamfara. You would need a middleman to help in this aspect.

Feeding: Although everyone thinks the best food for goats are grasses, but for growth which will enhance productivity, carbohydrates, roughages and essential protein would be needed in their diet.

Hiring of More Hands: It is necessary to hire more hands if you would be going on a large scale, it is too much work for one person.

Capital: You can always start small and expand as you move on. Prices of goats ranges from five thousand naira (#5,000) to thirty thousand naira (#30,000).

Marketing Strategy: Depending on your location, you should make some finding to know how much each products goes for, so you will have a better understanding and not sell below or above the normal amount.

Some individuals who ventured into goat rearing narrated their ordeal where most of the goats died while on transit, it is advised you ensure they are in good hands while in transit and when you start rearing them.

Get your own Sample goat farming business plan in Nigeria ! To place order, Pay N10,000 to:

BANK NAME: GUARANTY TRUST BANK (GTB)

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 0044056891

BANK NAME: FIRST BANK PLC

ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM

ACCOUNT NUMBER: 3066880122

After payment, send your full name, email address and topic (i.e. Nigerian Goat Farming Business Plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.