Recently cattle fattening business in Nigeria has become a significant trend in the cattle industry. With great emphasis on raising more sustainable and healthy beef meat. This has indeed encouraged the need for a better and well improved/modernized beef production structure that shifts from the nomadic and traditional way of producing our beef.
According to the food and agricultural organization(FAO), about 380,000 tonnes of beef is consumed annually in Nigeria. And this would keep increasing considering the ever-increasing population. FAO projects that in the year 2030, Nigeria would consume at least 800,000 tonnes of beef annually.
These statistics indeed mean a lot for the market and economic potential of the sector. According to the Global environmental management support, they estimated Nigeria slaughters around 7.5million domestic and imported cattle annually, with a market value of 550 million Naira on average. No doubt this would further increase over the years, with beef being the most consumed meat in Nigeria. Of course, our ever-increasing population, according to FAO, the beef industry has a potential market value of 1.1 trillion Naira in the coming years.
What are cattle fattening?
From the word ‘fattening,’ one could guess that cattle fattening makes cattle get ‘fatter” or ‘bigger.’ In a more advanced way, we defined cattle fattening as a livestock production practice that involves preparing cattle for marketing through an increased weight gain. It involves reducing cattle movements, thereby encouraging quick weight/body gain or fattening cattle more quickly. And in beef production, this is undoubtedly the principal target, as we sell larger animals at higher prices since they yield more meat.
Cattle fattening involves feeding cattle, especially Bulls, with a protein-balanced, high-energy diet for a period of about 90days or more under secure and healthy confinement. The primary goal is to increase live weight and produce more quality and nutritious beef, thus getting better grades in the market.
Why invest in cattle fattening in Nigeria
Beef is an essential agricultural commodity in the world economy. World beef production makes up about 40 percent of the livestock output, with an estimated consumption of about 80 million tonnes annually.
In Nigeria, beef is the most consumed meat, and this explains its constant and increasing demand. Unfortunately, cattle fattening in Nigeria is still highly characterized by local, nomadic, open grazing, and small-scale production methods. About ninety percent of the country’s cattle population is found in the north. Making the beef market has a heavy dependence on the northern part of the country. Also, from neighboring countries, according to research, Nigeria still imports about 40% of its beef meat from neighboring countries. This importation has created a tremendous negative effect on the availability of quality and affordable beef meat. With the recent COVID-19 pandemic and the country’s insecurity, there is a need to move from crude cattle production to a more mechanized and sustainable way of raising cattle for beef production.
Cattle fattening, though a new trend, but is fast becoming the most modernized, profitable, and strategic way of producing beef. The cattle fattening business is a thriving business, and a lot of people are making money worldwide by doing cattle livestock farming business.
cattle fattening role in Nigeria economy
Cattle fattening in Nigeria plays a vital role in the nation’s economic development, contributing 12.7% of GDP to the livestock sector. Among the significant contribution of the Cattle fattening business in Nigeria is providing employment, income, and animal protein (Umar, 2008). Many people earn their living from the fattening enterprise as veterinary doctors, feed millers, transporters, marketers, processors, retailers, and drug manufacturers. Thus, an increase in the scale of operation of the fattening enterprise could speed up the nation’s economic development.
Investing in cattle fattening in Nigeria would enhance this and encourage a more stabilized and sustained beef production in the country. It will also reduce importation drastically and encourage the production of high-quality beef. Not forgetting it is a very profitable and economically viable enterprise with excellent prospects. Therefore, one could always be confident of a tremendous and definite return on investment.
To build a successful, sustainable cattle fattening business in Nigeria, you require sufficient knowledge of efficient cattle pen fattening, i.e., cattle fattening techniques, excellent management skills, and a good business plan. And this is a significant victory for us. With about three years of experience running one of the most successful cattle ranches in southwest Nigeria. We have strategically moved from fattening just 50 cattle to over 2000 cattle annually. With a robust chain of buyers, they grade highly our fattened cattle and we receive great high-quality feedback.
Our market base keeps expanding because of our capacity and strategies put in place. We supply quality, traceable, healthy and reliable beef products to beef processing companies. With a target market of over 32.5 million people in the southwest, we have maintained a constant supply of fattened bull to processing companies in Ibadan and Lagos and working towards expanding to other states.
We have ensured we combine the best resources, technical know-how, professionals, technologies, and institute that drive a successful and sustainable cattle fattening business. Our over 50 acres of land at Fiditi, Oyo states, houses not less than 250 cattle per month. We are undoubtedly ready to ensure Nigerians have full access to quality and healthy beef products with our well secure ranch.