A study of the economics of poultry production in Kwara State, Nigeria
Keywords:
Poultry production, budgetary analysis, benefit cost ratio, regression analysisAbstract
This study examined the economics of poultry production in Kwara State, Nigeria using budgetary and
profit index analysis. Primary data were collected through a set of structured questionnaire from 80
registered poultry farmers using a systematic random sampling technique. The results of the study showed
that 72.5% of the respondents were youth with the mean age of 38.7 years and 63.8% choose poultry
farming as main occupation. Analysis of costs and returns revealed that poultry production is profitable in
the study area. The gross income and net income for eggs production were found to be ₦4,062,422 and
₦1,255,965, respectively, while the gross and net incomes for broilers production were ₦1,683,209 and
₦499,187, respectively. The regression analysis showed that stock capacity, variable, and fixed costs
including labour, feed, and equipment were the significant factors affecting poultry farm business in the
study area. These costs increase as the size of the business increases. To achieve optimum output and
maximise profit, poultry producers in the study area would have to stem down cost of production.
Provision of technical education through extension agents would greatly help in achieving this lofty goal.