Dairy Farming In Nigeria
Posted: Fri Aug 21, 2020 10:36 am
Dairy farming is an agricultural business where milk is produced and processed from domestic animals. It is a constantly evolving business even though it’s not popular.
Dairy farming can be operated using different kinds of mammals such as goats, sheep, camels, donkeys, buffalo, and cattle. These animals can be reared in small or large scale for the production of dairy products such as whole milk, cheese, fermented milk, butter, and yogurt.
Owing to the huge demand for these products, the business has continued to expand in Nigeria, thereby becoming a more profitable business venture no matter the season.
Are you interested in running a dairy farm, serving the needs of a wide range of consumers? Sit tight as we take you through the process.
Dairy Farming In Nigeria
Dairy farming business in Nigeria involves the production and processing of cattle milk. It is a capital intensive venture involving a long-term investment plan and proper management.
The day-to-day activities are mostly done by the immediate family members, with external services from veterinarians, extension agricultural educators e.t.c. This way, labor costs are reduced.
The overall success of a dairy farm business is dependent on the cow’s ability to live a healthy life, its ability to produce milk and have calves that can become the next generation on the farm. It requires maintaining the animals’ health and monitoring the reproduction cycle. Also, it involves milking properly, giving the right nutrition, and calf care.
How To Start A Dairy Farming Business
A dairy farm needs proper planning. It is more capital intensive than a meat farming business. Hence, there is a need to know what you are getting into and how you want to operate.
This guide will help you through the important steps you need and how to successfully operate.
Create A Business Plan
A business plan is critical to the success of any business. It is the documentation of business mission, aims, objectives e.t.c. It involves the short and long-term goals of the proposed business and how the vision can be attained.
A viable dairy farming business plan should cover the number of animals you intend to start with, a financial plan for the first few years of operation, location and set up, veterinary, labour e.t.c Also, it should be written in a way that the business can successfully operate even in the founder’s absence.
To write a business plan, first, conduct a feasibility study and research on the existing dairy farms in your locality. Your findings should be documented in your business plan. Also, a business plan gives you the opportunity to seek financial support from investors, banks, and other lending institutions.
Register Your Business
Business registration is one of the first steps to structuring your business. The Corporate Affairs Commission is responsible for registering businesses in Nigeria. You can either register as a business name or limited liability company depending on the ownership structure.
By registering your business, you can access some benefits that are tailored to entrepreneurs. You can register yourself by visiting the CAC website or by contacting ReDahlia, a brand preoccupied with offering business solutions to entrepreneurs.
Also, you have to be tax compliant and ensure you research for any local or federal permits or licenses you need to run your dairy farm.
Get Training
To fully venture into dairy farming, comprehensive knowledge of the business is important. Starting from breeding, calving, weaning, milking, feeding, farm management, manure e.t.c they all require expertise. And you build expertise from previous experience, training, or employing the service of a dairy consultant.
In a case where you do not have prior experience, you can consult an expert or work for some time on a dairy farm. This will help you understand how to manage cows and how the business is operated for profitability.
Also, you need the services of veterinarians, nutritionists, agronomists, and other professionals who can provide different perspectives on the management of the dairy farm.
Dairy farming can be operated using different kinds of mammals such as goats, sheep, camels, donkeys, buffalo, and cattle. These animals can be reared in small or large scale for the production of dairy products such as whole milk, cheese, fermented milk, butter, and yogurt.
Owing to the huge demand for these products, the business has continued to expand in Nigeria, thereby becoming a more profitable business venture no matter the season.
Are you interested in running a dairy farm, serving the needs of a wide range of consumers? Sit tight as we take you through the process.
Dairy Farming In Nigeria
Dairy farming business in Nigeria involves the production and processing of cattle milk. It is a capital intensive venture involving a long-term investment plan and proper management.
The day-to-day activities are mostly done by the immediate family members, with external services from veterinarians, extension agricultural educators e.t.c. This way, labor costs are reduced.
The overall success of a dairy farm business is dependent on the cow’s ability to live a healthy life, its ability to produce milk and have calves that can become the next generation on the farm. It requires maintaining the animals’ health and monitoring the reproduction cycle. Also, it involves milking properly, giving the right nutrition, and calf care.
How To Start A Dairy Farming Business
A dairy farm needs proper planning. It is more capital intensive than a meat farming business. Hence, there is a need to know what you are getting into and how you want to operate.
This guide will help you through the important steps you need and how to successfully operate.
Create A Business Plan
A business plan is critical to the success of any business. It is the documentation of business mission, aims, objectives e.t.c. It involves the short and long-term goals of the proposed business and how the vision can be attained.
A viable dairy farming business plan should cover the number of animals you intend to start with, a financial plan for the first few years of operation, location and set up, veterinary, labour e.t.c Also, it should be written in a way that the business can successfully operate even in the founder’s absence.
To write a business plan, first, conduct a feasibility study and research on the existing dairy farms in your locality. Your findings should be documented in your business plan. Also, a business plan gives you the opportunity to seek financial support from investors, banks, and other lending institutions.
Register Your Business
Business registration is one of the first steps to structuring your business. The Corporate Affairs Commission is responsible for registering businesses in Nigeria. You can either register as a business name or limited liability company depending on the ownership structure.
By registering your business, you can access some benefits that are tailored to entrepreneurs. You can register yourself by visiting the CAC website or by contacting ReDahlia, a brand preoccupied with offering business solutions to entrepreneurs.
Also, you have to be tax compliant and ensure you research for any local or federal permits or licenses you need to run your dairy farm.
Get Training
To fully venture into dairy farming, comprehensive knowledge of the business is important. Starting from breeding, calving, weaning, milking, feeding, farm management, manure e.t.c they all require expertise. And you build expertise from previous experience, training, or employing the service of a dairy consultant.
In a case where you do not have prior experience, you can consult an expert or work for some time on a dairy farm. This will help you understand how to manage cows and how the business is operated for profitability.
Also, you need the services of veterinarians, nutritionists, agronomists, and other professionals who can provide different perspectives on the management of the dairy farm.