BUSINESS DAY
Goat farming in Nigeria is fast becoming a highly profitable venture, according to experts.
With rising demand and relatively low input costs, farmers are now embracing this once-overlooked livestock business, drawn by its high returns and growing market potential.
Among them is Michael Nwani, a Canada-based agropreneur, who runs one of the largest goat farms in south-eastern Nigeria.
Spread across approximately eight acres, his farm is a testament to his passion for agriculture and his commitment to contributing to Nigeria’s food security.
“My desire is to give back to my country, boost food security, and profit from the business,” Nwani said.
“Nigeria is blessed, and as a giant of Africa, we must go back to our roots and build it,” Nwani said. “
According to the World Bank data, Nigeria imported about $1.33 million worth of goat meat in 2022—a figure that signals not only robust market demand but also a vast, untapped opportunity for local investors.
Goat farming, often described as a money‑spinning business, is profitable because it requires relatively low inputs while offering high yields.
“Goat farming is a money‑spinning venture if managed properly,” said Michael Ozoje, a professor of Animal Breeding and Genetics at the Federal University of Agriculture, Abeokuta.
“Goats are hardy and disease‑resistant. Unlike pigs, they are globally accepted as a household delicacy. They have a high prolific rate, with a twinning rate about 40 percent higher than most other livestock,” Ozoje noted.
Wahab Salami, president, Sheep and Goats Association of Nigeria (SHEGOFAN), said: “Goats reproduce faster than cattle, their milk is more nutritious than that of cattle, while their skin is used as a source of leather, making them an excellent choice when it comes to market availability and profitability.”
Ozoje explained that the animals’ resilience keeps operational costs low. “One thing that makes them inexpensive to manage is their ability to turn rough forage into rich protein,” he noted.
“They thrive even under harsh or unpredictable weather. And because their feed doesn’t compete with human food supplies, their potential for profitability is even greater,” Ozoje explained.
Farmers in the field share similar experiences. Abubakar Tijjani, a goat farmer in Sokoto State, northern Nigeria, told BusinessDay that he has never seen a livestock venture as easy to manage or as rewarding.
“They rarely fall ill, and you don’t have to break the bank to feed them because they can eat almost anything—from forages to cassava peels and maize husks,” he said.
“Depending on your budget, you can start with as low as N500,000 and with as few as two or five goats,” Tijjani added.
In a recent post on X, Insider Africa described goat farming as “an agribusiness with low input costs, a huge market and high return on investment.”
How to make it big in goat farming
Maintaining proper hygiene and standard housing are essential for boosting yields and reducing livestock mortality, experts say. Overcrowding and poor ventilation, on the other hand, are a recipe for disease outbreaks and serious losses.
“Goats are highly susceptible to damp environments,” Ozoje warned.
“When constructing their pen, always ensure the floor is elevated and sloped. This allows rainwater and urine to drain off easily, keeping the area dry,” he noted.
He also added that hygiene shouldn’t stop at construction. “Never feed goats with wet grass. It can expose them to harmful bacteria. Prioritise dry, clean feed, and ensure good airflow in their pens. Keep their surroundings clean. These simple steps can prevent major health issues,” Ozoje said.
New Generation Farms, an agribusiness platform, emphasises that breed selection, timely vaccination, and balanced nutrition are key pillars of successful goat farming.
For beginners and small-scale farmers, it recommends the West African Dwarf goat—a hardy breed known for its disease resistance and ease of management.
“If you’re raising goats for meat, consider Galla (Somali), Maradi, or Boer goats,” advised Timothy Shekwolo, CEO of Timmy Integrated Farm Services.Related News
“For milk production, go for Saanen, Alpine, or Nubian breeds. They’re top performers in dairy output.”
Financial implications
The cost of constructing a goat pen is relatively low compared to other livestock.