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How This Nigerian Couple Became Millionaire Rabbit Farmers In Nigeria

3 analysed pages · open on Nairaland ↗

market_access_offtakers · 3knowledge_transfer · 3profitability_claimshousing_equipmentprice_volatility_timing
page 0 · 31 posts · 29 participants · discussion_qa

This page is a discussion thread reacting to a promotional video about a couple who allegedly became millionaires through rabbit farming. While the original post serves as an advertisement, the subsequent comments shift into a debate regarding the credibility of the claim, the profitability of the business, and the reality of the market.

Pain points: no_buyersfeed_too_expensive
Credibility signals: referencing personal experience with mortalityciting specific financial skepticism
“Is there a market for this”
“Animal feed are too costly to make reasonable profit this period. Feeding Rabbits is not a child play considering how difficult it is to sell them at good price. The few I keep in my cage, I used vex kill them all when I could no longer cope with their expenses.”
“Abeg make una shift somewhere with this lie. Millionaire by rabbit farming? How? Who do they sell the rabbits to? When did anyone see rabbit meat last?”
Unclassified: general banter about the definition of a millionaire in Nigeria
page 1 · 30 posts · 24 participants · discussion_qa

This thread is a skeptical discussion reacting to a viral story about a 'millionaire' rabbit farming couple. Users debate the viability of rabbit farming in Nigeria, citing low market demand outside Lagos, cultural preferences for other meats, and the high cost of specific inputs like nipple drinkers. The conversation shifts from admiration to criticism, with some users questioning the authenticity of the success story and others offering practical advice on market realities.

Pain points: no_buyerstransport_cost
Credibility signals: citing specific states and regions to gauge market viabilityreferencing personal experience with piggery and social media trendsoffering specific contact details for selling rabbits
“Before going into such businesses, check the market demand. Even piggery some praise on social media, it depends on the state one resides - actual population, earning power and presence of Chinese nationals.”
“The market is tiny and largely situated in the Lagos area. Anyone who opens this business in Anambra, Ekiti or Kogi is in for multidimensional poverty.”
“I want to buy rabbit nipple drinkers (not poultry nipple drinkers) but I've not seen anyone selling it since.”
page 2 · 8 posts · 7 participants · discussion_qa

This page is a comment section discussing the viability of rabbit farming in Nigeria, focusing on market demand and consumer preferences rather than production techniques. The conversation highlights skepticism about the business model due to potential lack of buyers and cultural dietary restrictions regarding rabbit meat.

Pain points: no_buyers
“What is the demand for rabbits as a source of meat and protein in Nigeria? These aspects should be taken into account before starting production.”
“Once no buyers, that business fails, woefully at that.”
“I don't know if I can keep up with this business because Rabbit meat is very sweet. So tasty!!!!!”