My name is Oluwadara David Oyebanjo, 27, from Ijebu-North Local Government Area of Ogun state. I live now in Ado Odo Otta Local Government Area in the same state in Nigeria. I am a biochemistry graduate from the Obafemi Awolowo University (OAU).
As a very resolute, productive, accountable, and disciplined young graduate in a populous nation, where unemployment and underemployment rates are high, my primary aim is to gain financial freedom and self-dependence while contributing immensely to the growth of the Nigerian economy through the agricultural sector and its value chain.
For this, I see myself making my way up among the top young agribusiness managers and consultants.
My experience in livestock farming including poultry-keeping, fisheries, and piggery in past years, and has helped me to successfully rear a 100-unit broiler production, between October 2015 to December 2015, after my National Youth Service. I will begin small-scale fish farming and will soon stock a 300-unit day-old chick DOC pullet (egg production) by April 2016.
The huge market demand for eggs raises the need to reduce inadequate supply by increased production and expansion of the business by another 500-unit DOC pullet.
A keen interest and passion for agriculture, through the provision of food and creation of wealth, drives me to contribute to Nigeria’s economic growth; to eradicate extreme poverty and hunger, which are rising.
This business, however, is capable of employing a few hands, thereby reducing the unemployed. Wealth creation and employment opportunities for unskilled labour will greatly impact my immediate rural community.
In all of these, I shall personally create wealth and financial independence, have a wider field of experience and work framework, and enjoy continental tourism and a collaborative network.
For 500-unit DOC Pullets, four new 12 ft x 10 ft poultry rooms (deep litre system) will be erected (on the already available portion of land). A storehouse and stable water supply system are also available. Intense disinfection, lighting and electrification, purchase of feed hangers and water drinkers, egg crates and trays, waste management service, and proper veterinary consultancy shall all be carried out.
Also, I will make a healthy environment and housing, stable potable water supply system, good ventilation, excellent and healthy livestock feeds of tested and trusted quality and/or feed formulation, on-time vaccination and medication, with quality medications and vaccines, an environmentally friendly and healthy waste management plan, and proper monitoring and management. These are some of the required poultry practices for viability and sustainability.
Meeting a projected profit target, market stability, continuous and increased production, re-investment capacity, and human capacity development are major pointers of success of the business.
The grant will be used for the following:
- Housing of 500 units of 12 ft x 10 ft rooms (within two weeks), cost NGN 160,000
- 500-unit DOC pullets at NGN 250 each, costing NGN 125,000
- Feeding with 23 bags of 25 kg chick mash (1–6 weeks), costing (23 x NGN 2,850) NGN 65,550
- Feeding with 95 bags of 25 kg grower mash (7–16 weeks), costing (95 x NGN 2,200) NGN 209,000
- Feeding with 70 bags of 25 kg layer mash (17–21 weeks), costing (70 x NGN 2,400) NGN 168,000
- Medication/vaccination services at NGN 100 per bird, costing NGN 50,000
- Waste managers’ wages for 12 months, costing (NGN 1000 x 12) NGN 12,000
- Twenty hanging feeders at NGN 500 each and ten drinker guards at NGN 500 each, NGN 15,000
- Salary NGN 120,000 (six months)
- Contingencies NGN 50,000
NGN 974,550 is equivalent to USD 4,872.75
- Laying to full capacity up to 75 % by week 20, thereby producing up to 12.5 crates per day.
- Income of about NGN 650 per crate and NGN 8,125 per day from sales of eggs.
- Feeding per day is expected to cost NGN 6,000 hence a daily profit of about NGN 2,125.
- I expect a weekly profit of NGN 14,875 and a monthly profit of NGN 59,500. After six months, the subsequent monthly salary would be generated from the business.
Blogpost and picture submitted by Oluwadara David Oyebanjo (NIgeria): duplexdna[at]gmail.com
The content, structure and grammar are at the discretion of the author only.
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