5 Interesting Facts About Poultry Farming in Nigeria

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poultry farming in Nigeria-broiler

This article is about the facts of poultry farming in Nigeria, if you are interested in a detailed guide on how to start poultry farming in Nigeria, you should check out Poultry Farming in Nigeria: How to Get Started.

Poultry farming in Nigeria – The definition of Poultry Farming is pretty straightforward; it is the rearing of domestic birds (primarily chickens, turkeys, ducks, geese), etc., for meat, eggs, or both, depending on the type of poultry farming you are interested in.

In Nigeria, most poultry farmers focus on rearing Chickens and Turkeys, with chicken being the most preferred. About 85 million (42%) of Nigeria’s population, 4 in every 10 Nigerian, are into poultry production, primarily small scale to medium scale poultry farming. There’s hardly any part of the country where you wouldn’t see these two-legged creatures roaming around the neighbourhood or being reared.

If you are an intending poultry farmer, a poultry enthusiast, currently into poultry farming or you are interested in farming in Nigeria generally, here are some facts you should know about poultry farming in Nigeria:

Facts About Poultry Farming in Nigeria

Nigeria has the 2nd Largest Population of Chickens in Africa. 

A report released in 2020 on poultry production in Nigeria showed that Nigeria has the 2nd largest chicken population of about 180 million annually in Africa. Compared to Nigeria’s population in 2020, chickens are currently approximately 26,000,000 shy of the country’s total population, which is estimated to be 206,139,587 according to the statistics published by the World Bank.

Broilers make up 70% of the chicken population in Nigeria, while layers account for 30%.

Local Production Only Meets 30% of Chicken Eggs and Meat Demand.

Despite the expansion of the poultry industry in recent years, poultry farming in Nigeria only caters to 30% of chicken eggs and meat needs of Nigerians, which amounts to up to 300 Mt of meat and 650 Mt of eggs per year. This means there is a huge opportunity in the poultry market for intending poultry farmers in Nigeria, whether on a small, medium, or large scale.

An estimated poultry meat of 1.2 million is smuggled into the country from the Benin Republic alone.

Nigeria is the Largest Producer of Chicken Eggs in Africa

About 21 billion eggs are produced in Nigeria annually through poultry farming, making it the largest producer of chicken eggs in Africa. However, compared to other countries, Nigeria’s chicken egg consumption is 60 eggs per annum per capita, compared to 250 eggs per annum per capita in advanced countries.

There is a viable market in the chicken eggs industry.

The Poultry Farming Sector Contributes 6-8% of GDP of the Country.

Poultry farming has a significant impact on the country’s domestic revenue, contributing about 6-8% of Nigeria’s GDP annually. Farming in Nigeria accounts for over 20% of Nigeria’s GDP; poultry farming alone contributes to about 30% of Agriculture’s GDP.

Nigeria is the fourth-largest producer of poultry meat in Africa.

The Poultry Farming sub-sector is the Most Commercialized of the Agricultural Sector.

According to a report shared by the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele in 2019, the poultry farming industry in Nigeria is worth about N1.6trn, making it the most commercialized sub-sector of all Nigeria’s agricultural sub-sector. The Apex Bank Governor also stated that there is a massive potential for the poultry farming industry in Nigeria. He attributed the demand for poultry products to the country’s population growth.

If you want to learn about how to start a poultry farm in Nigeria. Read this blog post for a detailed step by step guide on how to gets started.

6 thoughts on “5 Interesting Facts About Poultry Farming in Nigeria”

  1. Zacharia Musa

    From the five facts poultry contribution in the Agricultural sector, it evident that their is a deficit of 70% in both meat and eggs production. What is the Government and business class doing in metigating this problem?

    Reply
  2. Olagunju kabir olakunle

    I am olagunju kabir a graduate of ladoke akintola university ogbomoso,here seeking employment in any of various field and will be glad if my proposal are look into and I had my certificate intact, degree certificate, Nysc certificate, CV .my number is 07031027619

    Reply
    1. Babban Gona

      Hello Olagunju Kabir,

      Thank you for your interest in Babban Gona. Please visit our careers page to view all available positions at Babban Gona and apply. You may also submit your CV if there are no jobs that suit your professional or educational background. You can visit our careers page here: http://34.89.153.60/careers/

      Reply

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Frank Altman

Board Director

Frank Altman is the founder and first CEO of Community Reinvestment Fund, USA. As CRF’s founder, Altman pioneered the development of a secondary market for community and economic development loans. Since 1988, under Altman’s leadership and in partnership with a network of more than 200 local community partners, CRF has funded more than $3.5 billion in loans to job-creating small businesses, non-profits, charter schools and affordable housing projects in 50 states plus the District of Columbia and more than 1,000 communities across the United States.
 
Altman helped design the creation of the federal New Markets Tax Credit to encourage private investment in low-income communities and is a founding member and first President of the New Markets Tax Credit Coalition. He is also a member of the Center for Community Development Investors at the Federal Reserve Bank of San Francisco and an advisor to the Social Innovation Initiative at Brown University and the Center for Impact Finance at the University of New Hampshire. His work has been featured in Inc. Magazine, where he was named one of its Entrepreneurs of the Year, and he received Fast Company’s Social Capitalist award.
 
Altman has been awarded the Economic Development Innovation Award from GIS Planning Inc. and fDi Intelligence for his contribution to the field of economic development. Altman is a Senior Fellow at Ashoka, the world-wide network of social entrepreneurs and a founding member of Kindred.
 
More recently, in September 2023, Altman authored a book published by Forbes and titled “A New Capitalism: Creating A Just Economy That Works For All.”It is available in physical and online book stores and on Audible.

Michael Jainzik

Board Director

 

Michael Jainzik is a Principal Sector Economist in KfW Development Bank. From 2001 to 2011 his work focused on investing and managing equity participation in investment funds and banking institutions, and in agricultural finance and microfinance. From 2011 to 2015 he worked as Director of KfW’s office in Windhoek. In this role he helped to manage and develop KfW’s EUR 250 million portfolio in Namibia. From 2015 to 2017 he assumed the position of Head of Corporate Development in Access Microfinance Holding where he was responsible for structuring and managing a merger process between Access Holding and another corporation.

Prior to his role in Babban Gona, Michael has served as a non-executive director in Access Bank Azerbaijan (2006-2011, Chairman), Belarusian Bank for Small Business (2008-2011), Rural Impulse Fund II Luxemburg (2010-2011) and AB Bank Zambia (2011-2016).

Michael has studied Economics and Management at the Universities of Lüneburg and Witten/Herdecke (Germany) and ETEA – Universidad Loyola in Córdoba (Spain) and holds a Master Degree in Economics and Management.

Bello Maccido

Board Member

 Mr. Maccido is an accomplished Corporate and Investment banker with over 31 years post graduate experience. He had at different times served on the Boards of FBN Holdings Plc, First Bank of Nigeria Plc and Legacy Pension Manager Limited and is currently the Chairman, FBN Merchant Bank Ltd. Mr. Maccido is a Fellow of both the Chartered Institute of Stockbrokers and the Chartered Institute of Bankers of Nigeria. Mr. Maccido holds a Law Degree (LL.B) and a Masters Degree in Business Administration (MBA) from Ahmadu Bello University, Zaria and Wayne State University, Detroit, Michigan, USA respectively. He is a Barrister at Law (BL) of the Supreme Court of Nigeria and an Alumnus of the Executive Business Programs of the Harvard Business School and the IMD, Lausanne, Switzerland.

Muhammad Sanusi, CON

Chairman of the Board

His Highness Muhammad Sanusi was appointed the 10th Governor and Chairman of the Board, Central Bank of Nigeria on 3 June 2009. He earned Bachelor’s and Master’s degrees in Economics from the Ahmadu Bello University, Zaria, and also has a first-class degree in Sharia and Islamic Studies from the African International University, Khartoum, Sudan.
 
From working as a lecturer at the Ahmadu Bello University, where he taught Economics, he joined the banking industry in 1985, and by January 2009 had risen to General Manager and Group Managing Director of First Bank of Nigeria PLC, Nigeria’s oldest and biggest bank. Mallam Sanusi has been conferred with a National Award of Commander of the Order of the Niger (CON) by the President of the Federal Republic of Nigeria and has also been awarded the “Global Central Bank Governor for 2010” by The Banker Magazine, a publication of the Financial Times.
 
He was also voted Central Bank Governor of the Year for Sub-Saharan Africa 2009 (an award he won again in 2010) by Emerging Markets, a publication of Euromoney Institutional Investors. In 2011, Mr. Sanusi was named Forbes Africa Person of the Year for 2011. He was also listed by TIME Magazine as one of the 100 most influential people in the world. Kola Masha (Managing Director) Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore.

Lola Masha

Executive Director

 

Before joining Babban Gona, Lola was the Director for Trust and Safety at OLX Group, working across 30+ OLX markets to ensure that buyers and sellers can transact safely and securely on the platform. Prior to her global role at OLX, Lola was the Country Manager for OLX in Nigeria where she was responsible for driving all elements of the business including Business Development, Product Localization, Marketing and other relevant functions. OLX Group is one of the world’s leading online classifieds players. Through its brands including OLX, Avito, dubizzle and letgo, OLX Group is the home of online classifieds in high-growth markets.

These platforms are the leading destination for buying and selling used goods and services in 30 countries, and the #1 mobile app in its category in more than 20 markets. Globally ~ 11 million items are exchanged through its platforms every single month.

Prior to joining OLX, Lola spent 4 years at Google leading various Product Partnerships efforts across EMEA and Emerging Markets. Lola was one of the earliest Googlers in Sub-Saharan Africa when the technology company began its operations in the region.

Lola shaped the regional strategy, executed on several core initiatives and led business development efforts with key SSA partners including the telcos, OEMs, digital content providers and local entrepreneurs. Lola brings significant leadership experience in business development, entrepreneurship, operational transformation and product development across several industries including technology and financial services.

In addition to Africa, Lola has substantial international working experience in North America, Europe, and Asia. She also worked in the Chicago office of McKinsey & Company, where she spent time advising senior executives on extensive strategic management topics. Lola holds a Doctorate degree in Engineering from the UniversiAnnual Report 2019/2020 ty of California, Berkeley and a Bachelor of Science degree in Engineering from the University of Virginia. She is happily married with two kids.

Kola Masha

Managing Director

 Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore Group, one of Nigeria’s leading agricultural conglomerates, where he raised US$24 Million to develop an integrated agricultural trading, production and processing business.

Furthermore, he led the development and execution of Notore’s commercial strategy across West and Central Africa, preparing the company to sell one million tons of fertilizer and establish a modern seed business.

He led the effort to raise $130 million in equity and the restructuring of $360 Million in debt. Kola brings significant leadership experience in venture capital, corporate finance, business development, marketing and operations, across four continents with multiple global companies, including GE, Notore and Abiomed. In addition, Kola brings extensive public sector experience as Senior Advisor to the Nigerian Minister of Agriculture.

In recognition for his leadership in driving positive change on the African Continent, he has received several global awards including the prestigious Eisenhower Fellowship, a leading leadership institute led by General Collin Powell and appointed to the Board of the African Enterprise Challenge Fund, a $250 Million fund that awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Kola holds an MBA (Honors) from Harvard and a Masters in Mechanical Engineering from the Massachusetts Institute of Technology.

Kola Masha

 

Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore Group, one of Nigeria’s leading agricultural conglomerates, where he raised US$24 Million to develop an integrated agricultural trading, production and processing business.

Furthermore, he led the development and execution of Notore’s commercial strategy across West and Central Africa, preparing the company to sell one million tons of fertilizer and establish a modern seed business.

He led the effort to raise $130 million in equity and the restructuring of $360 Million in debt. Kola brings significant leadership experience in venture capital, corporate finance, business development, marketing and operations, across four continents with multiple global companies, including GE, Notore and Abiomed. In addition, Kola brings extensive public sector experience as Senior Advisor to the Nigerian Minister of Agriculture.

In recognition for his leadership in driving positive change on the African Continent, he has received several global awards including the prestigious Eisenhower Fellowship, a leading leadership institute led by General Collin Powell and appointed to the Board of the African Enterprise Challenge Fund, a $250 Million fund that awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Kola holds an MBA (Honors) from Harvard and a Masters in Mechanical Engineering from the Massachusetts Institute of Technology.

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