Goat and sheep farming in Nigeria and Africa is very profitable and important for many farmers. Nigeria has over 70 million goats and 50 million sheep, making it one of the largest producers in Africa. These animals are easy to raise and can thrive in different environments, from dry regions to wet areas. They provide meat, milk, wool, and manure, which are all valuable products for farmers and their communities.
Raising goats and sheep can bring good income. For example, a single goat can be sold for between ₦25,000 and ₦75,000, depending on its size and breed. Sheep can sell for even higher prices, from ₦45,000 to ₦150,000. These animals reproduce quickly, usually giving birth to one or two offspring per year, which means farmers can grow their herds fast and increase their profits.
In Africa, the demand for goat and sheep meat is very high. People prefer their meat because it is tasty and nutritious. Countries like Nigeria, Kenya, and Ethiopia are leading producers. This high demand ensures that farmers have a ready market for their products, making goat and sheep farming a stable and profitable business.
This business plan focuses on raising 200 goats and sheep for breeding and market.
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