natnuPreneur broiler out-grower scheme out to enhance profitability, says Adewole
The Coordinator of Nigeria’s foremost Broiler Out-grower scheme, ‘natnuPreneur’, Mr. Gbolade Adewole has affirmed the commitment of the scheme, to help boost supply of high quality locally bred chicken for consumption, and making quality chicken available and affordable.
The natnuPreneur scheme is a broiler chicken outgrower scheme exclusive to natnudO foods, a subsidiary of Amo Farms Sieberer Hatchery (AFSH), whose farm infrastructure is among the most advanced in West Africa.
Adewole, who disclosed this in Lagos, during a press conference, said farmers registered under the six to seven weeks broiler production scheme, have consistently enjoyed between 7.5 per cent and 15 per cent profit on investment per cycle.
He added that with a potential to conclude five cycles per year, efficient farmers stand to make between 37.5 per cent to 75 per cent profit per annum, making natnuPreneur “broiler out-grower” the most profitable poultry scheme in the country.
He also disclosed that between October 2014 and July 2017, poultry farmers registered under the three year ‘pilot phase’ have reared over four million birds, as the firm has off-taken birds to the value of over N4b.
Adewole said the initiative is not only in the business of providing a ready market for broiler farmers, but also in ensuring that they are consistently in business and they make profits that can be sustained consistently over time.
“We treat our farmers’ farms as our own and invest a lot of time in ensuring their poultry businesses is run with global best practices, as we run and manage ours, because we believe that our success is closely tied to the success of our farmers”.
“We help our farmers understand the dynamics of poultry business through effective and regular training, monitoring and mentorship. We also help them increase efficiency of production by taking them through good management practices on how to manage their resources, using our net profit calculator to understand the details of the economics of broiler production, and how to reduce mortality of birds,” he said.
In their speeches, General Manager, Policy and Strategy, Amo Group, Dcn. Toromade Francis and General Manager, Amo Byng, a member company of Amo Group, Mr. Oloruntoba Emmanuel, called on governments at all levels to be more proactive in curbing the menace of smuggling chicken products into the country and also support the local production of maize and soya, adding that if this is done, the initiative will be able to create more employment opportunities, absorb over 10 million people and add significantly to the overall Gross Domestic Product of the nation.
Sharing their experiences, two long-term natnuPreneur farmers, Dr. Robinson of Kadapo farms in Kwara State and Mrs. Tomori of Honey Dew farms, Oyo State, made highly complementary comments and confirmed the claim made by the firm.
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