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How To Start A Lucrative Egg Supply And Distribution Business In Nigeria - Business - Nairaland

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How To Start A Lucrative Egg Supply And Distribution Business In Nigeria by usmanethical(m): 3:36pm On Aug 18, 2021
Do you want to know how to start an egg supply and distribution business in Nigeria and make money? No issues. This post will provide you with necessary information on how to begin and record profits running the business.

Before we dive in, please, permit me to tell you a short true life story. As at the time Deborah experienced a great but unexpected change in her life, she was in her mid-thirties.

Gainfully employed. She worked on the Island. She is married and has two kids. She is the perfect definition of beauty plus a brain. A very hardworking fellow who always delivers results for the company. She has been working with the company for seven good years.

One Monday morning, at the meeting, Deborah and her coworkers were informed that a large organization has acquired the company and the new management will take charge of the company's affairs soon.

Long story short, the new management couldn’t keep all the employees. They had to sack some of them. And Deborah was unlucky; she was among the employees who got booted out of the company. She didn’t expect it. It was like a nightmare to her. She has no other option than to accept her fate and move on.

She began hunting for jobs here and there in the city of Lagos. You would think that her experience will open the door to another job for her easily, but it wasn’t like that. Disappointedly, with her years of experience, she couldn’t secure one. But she wasn’t desperate.

Her husband worked on the Island. He used his connections to look for a good job for his wife. All the available opportunities weren't worth it. While a few companies were saying that they cannot afford to pay her salary because of her experience.

On the other hand, she is now able to spend good time with her kids at home and she loves it.
One morning, as she was thinking of the next step to take, the idea of having a home-based business flashed to her mind. As a smart person that she is, she started putting different ideas down on paper. Eventually, she settled on an egg supply and distribution business idea. This is how the business changed her life and she has always been grateful for treading the path.

Egg supply and distribution business has been a quiet goldmine. It’s one of the cool businesses you can run anywhere you are except if you are in a place where they don’t eat eggs at all. Though the volume is different, eggs are eaten everywhere in Nigeria. The consumption rate of eggs in cities is quite higher than that of rural areas due to population and purchasing power.

See, Nigerians love to eat eggs. If you know how many crates of eggs Nigerians consume daily, you’ll be shocked. Before the land border was closed, Nigerians used to import eggs from Contonou, Benin Republic. This simply implies that the demand is higher than the supply, and even till date we have not been able to produce enough eggs we consume in the country. This is among the reasons the price of eggs goes up.

According to Nairametrics, the expenditure pattern report shows that Nigerians spend 56% of their income on food. Is there any other market bigger than a good market in Nigeria? I think you know the answer.

According to the Food and Agriculture Organization (FAO) of the United Nations, Nigeria has the second largest chicken population in Africa, after South Africa, producing 650, 000 tonnes of eggs per annum. The egg market in Nigeria generates about N1.7billion in sales daily. You can carry out your own research.

Egg is consumed for its benefits. Egg is the cheapest highest-quality source of protein for Nigerians. Egg is rich in vital healthy fats, vitamins, minerals, and antioxidants.

In this blog post, I will be revealing to you how anyone can start an egg supply and distribution business in Nigeria and turn it into a profitable venture.

Let’s dive in!

Read more: https://starthustlenow.com/business-ideas/how-to-start-a-lucrative-egg-supply-and-distribution-business-in-nigeria/

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