Project Summary

Monivest’s Broiler Scouting & Processing project ensures Nigeria’s growing poultry demand is met through a hybrid production model: internal farm production supplemented by strategic rural farmer aggregation. Internal farms produce 80,000 broilers per 8 weeks, while demand from restaurants, frozen food vendors, households, and export markets can reach 170,000 birds daily. Monivest bridges this gap through efficient sourcing, hygienic processing, value-added product development, and distribution via retail outlets, wholesale partners, and student marketers.

Expansion into Ibadan and Lagos markets further positions Monivest as a major urban poultry supplier. Byproducts such as blood, heads, and legs are converted into high-protein fish feed, creating a sustainable, circular supply chain and additional revenue streams.

Project Locations

Poultry & Catfish Farms:

• Keffi, Panda, Akwanga (Nasarawa State)

• Ajegu & Lokoja (Kogi State)

Farmer Supply / Scouting Outlets:

• Kachia, Kafachan, Kagoro, Kwoi (Kaduna State)

Processing Facilities:

• Kurudu, Jibi, Dei Dei (Abuja)

• Suleja (Niger State)

• Ajaokuta Steel City (Kogi State)

Retail / Cold Food Outlets:

• Gwarinpa, Lugbe, Nyanya, Kubwa, Keffi, Lokoja, Gwagwalada

• Expansion underway to Ibadan & Lagos

Objectives

• Provide reliable supply of poultry and frozen fish to restaurants, vendors, and households.

• Expand Monivest Cold Food Outlets into major urban centers.

• Empower rural farmers with guaranteed off-take and cooperative support.

• Maximize value from processing by converting byproducts into fish feed.

• Introduce value-added products such as grilled frozen chicken and processed catfish.

Project Operations

1. Broiler Farming & Capacity

• Internal farms: 80,000 birds per 8-week cycle.

• Peak demand: up to 170,000 birds daily via rural farmer aggregation.

• Planned farm expansion to 150,000 birds per cycle within 24 months.

2. Scouting & Aggregation

• Rural farmers in Kaduna, Nasarawa, and Kogi States supply additional birds.

• Birds undergo health inspection, vaccination verification, and weight checks (2.5–3kg).

• Cooperative model ensures stable income and fair pricing for farmers.

3. Processing & Value Addition

• Slaughter, dressing, evisceration in certified, halal-compliant facilities.

• Rapid chilling, vacuum-sealing, portioning, and branding.

• Byproducts (blood, heads, legs) converted into high-protein fish feed, supporting sustainability and circular economy principles.

• Cold chain logistics ensure product freshness from processing facilities to outlets, wholesale buyers, and export points.

4. Retail & Distribution

• Monivest Cold Food Outlets: Gwarinpa, Lugbe, Nyanya, Kubwa, Keffi, Lokoja, Gwagwalada; expanding to Ibadan & Lagos.

• Product range: frozen whole chicken, chicken parts, grilled frozen chicken, frozen catfish, ready-to-cook broiler packs.

• Distribution through student marketers, cooperative members, wholesale contracts, and export pipelines.

Partners

• Rural poultry farmers & cooperatives

• Restaurants, frozen food vendors, and logistics providers

• NAFDAC, halal certification bodies, and local regulatory authorities

• Feed manufacturers for byproduct conversion

Impact & Performance Metrics

• Internal farm production: 80,000 birds per 8 weeks.

• Total demand served: up to 170,000 birds daily through hybrid sourcing.

• Retail footprint: 7 Cold Food Outlets, expanding to Ibadan & Lagos.

• Byproduct conversion: blood, heads, and legs transformed into fish feed.

• Value-added products: grilled frozen chicken, frozen catfish.

• Rural farmers empowered with stable incomes.

• Contribution to food security, protein sufficiency, and cooperative liquidity.

Remaining Enhancements / Strategic Details

Timeline & Milestones:

• Outlet expansion to Ibadan & Lagos within 12–18 months.

• Automated chilling and packaging lines within 12 months.

• Incremental farm expansion to 150,000 birds per cycle over 24 months.

Financial & Pricing:

• Wholesale and retail pricing for broilers, fish feed, and value-added products.

• Projected annual revenue: ₦450M–₦550M.

• Expected ROI from outlet expansion and byproduct conversion: 18–22%.

Capacity Metrics:

• Processing facilities: 10,000–25,000 birds/day depending on location.

• Cold storage: 500–750 tons combined capacity.

• Delivery fleet: 25 refrigerated trucks servicing outlets, restaurants, vendors, and student marketers.

Quality Assurance & Risk Management:

• HACCP protocols and biosecurity measures.

• Disease prevention and vaccination schedules.

• Contingency plans for supply chain or disease disruptions.

Environmental / ESG:

• Byproduct conversion into fish feed reduces waste.

• Sustainable feed sourcing and energy-efficient refrigeration.

• Water recycling and responsible wastewater management.

Marketing & Branding:

• Promotions at outlets and urban campaigns.

• Cooperative membership incentives and student marketer programs.

• Active social media presence showcasing products, outlets, and rural farmer impact.

• Highlighting value-added frozen products for convenience and quality.