Empirical Analysis of Cost and Returns to Commercial Table Egg Production in Lagos State
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Using basic statistics and a simple gross margin analysis procedure, it was established that
commercial table egg production in Lagos State is profitable. Under the same assumption and based
on available statistics, the gross margin for q commercial table egg producer with 1000 laying birds
has increased from ~975,000.00 in 1998 to ~1, 050,000.00 in 2005, representing an increase of7. 7
pe:cent. The demand for poultry products is expected to grow in view of increase in per capita
income, increased awareness of the health implications of inadequate intake of protein in the human
diet and the outbreak of avian influenza in Asia. Thus, increased production of table egg under the
presidential initiative should be sustained.
Keywords
HB Economic Theory, HG Finance