Can 50 Broiler Chickens Generate ₦137,500 Monthly? A Simple Cost Breakdown
I calculated the likely cost and return from raising broiler chickens in Nigeria. A carton of 50 day-old chicks costs about ₦70,000, or roughly ₦1,500 per chick. Each bird may consume about 7.5kg of feed over 7.5 weeks. At an average of ₦1,100 per kilogram, feed costs about ₦8,000 per bird. Transport, veterinary care and slaughtering can add another ₦1,000, bringing the estimated total cost to about ₦10,500 per bird. At about 4kg live weight, a broiler sold at ₦4,000 per kilogram can bring in around ₦16,000. That leaves an estimated gross profit of ₦5,500 per bird before wages, housing, mortality and other unexpected costs. For 50 birds, this could amount to roughly ₦137,500 monthly before labour costs if sales are consistent. I believe small poultry projects in large compounds could increase local chicken supply, create jobs and support household income. Anyone with enough space may want to consider starting with 50 birds and carefully tracking costs, losses and market prices.
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