Cost Benefit Analysis of Household Backyard Nano Poultry (Layers) Production in Post Fuel Subsidy Removal Regime in Nigeria

Aremu Adeola Lanre

Backyard; Benefit; Household; Nano; Cost

There is no doubt population growth influences consumption of food and related. According to UNICEF, 100 children under the age of five years die every hour while fifteen million children are at the risk of “wasting” in 2024 Nigeria. (Shibayan, 2022). An indication of nutritional crises which require urgent and sustainable solutions and a challenge to all, more importantly animal protein which is the most expensive of food items. Eggs contributed about 36.5 per cent of the protein intake of Nigerians (Eboh M. et al, 2021), thus, a critical pillar for food security.

The data for this study was from both primary and secondary sources. The primary data was collected from Isa brown point of lay pullets and the secondary data. From the result of the CBA, ₦2,085,303.80 was realized as income from eggs production within the period under consideration, ₦40,000.00 was from manure while indirect benefit from egg consumed by the household was valued at an average of cost of ₦19,475.79 per monthly. The NPV ₦698,964.53 and Benefit/Cost Ratio 1.67, implies that the project can guarantee future cash flow, improve family income, meet animal protein needs and be self-sustaining, even, in fuel subsidy removal regime and inflation.

Backyard nano domestic egg production as an economic strategy that every household should embrace, especially low income earners in order to improve their nutritional wellbeing and also earn additional income. Government should encourage backyard nano poultry layers’ egg farms as palliative to relieve households and improve animal protein consumption across homes.

https://dx.doi.org/10.31873/IJEAS.11.05.06