Newspaper Vending, Distribution, Agents, Vendors, Registration, Surety, Profitability, Business, Lucrative, Sponsorship

PM News . 03 April 2006 . Pg 10

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The business of newspaper vending is lucrative, according to a long-time vendor in Lagos, Nigeria. The vendor, known as Baba Ikeja, has been selling newspapers since 1978 and has sponsored a child through university and has another child currently in university. The vendor explained that new vendors must have a surety, such as a person with experience in the business, or pay a registration fee of N2,000. The chain of distribution starts with the newspaper company's circulation department and ends with the vendors who make the papers available to readers.

Summary

Summary may not be accurate; generated by machine learning.

The business of newspaper vending is lucrative, according to a long-time vendor in Lagos, Nigeria. The vendor, known as Baba Ikeja, has been selling newspapers since 1978 and has sponsored a child through university and has another child currently in university. The vendor explained that new vendors must have a surety, such as a person with experience in the business, or pay a registration fee of N2,000. The chain of distribution starts with the newspaper company's circulation department and ends with the vendors who make the papers available to readers.