Monday 18 September 2017

PAEDIA EXPRESS FOUNDER ,ADEKU'S LIFESTYLE EXPOSED



PAEDIA EXPRESS FOUNDER ,ADEKU'S LIFESTYLE EXPOSED
Image may contain: 4 people, people standing MR ABDULMUMINI ADEKU IS AFRICAS RICHEST MAN BY A MILE COURTESY OF HIS HUGE INTANGIBLE ASSETS WORTH A RECORD 18 BILLION BRITISH POUNDS STERLING AS AT SEPTEMBER,2017 WHEN A BRAND AUDIT WAS CONDUCTED ON PAEDIA EXPRESS MULTIMEDIA GROUP,PAEDIA EXPRESS TRUST AND ITS FOUNDER
Love him or hate him but the fact is the man is simply dancing Zanza at the moment.
Believe it or not there is a new name for cash now in Nigeria ,Africa and to some extent in the whole world .
It is now called Adekuuuuu or may be Adecool if you are an American or a European depending on your nationality .
For Mr Abdulmumini ireyi Adeku,Founder of Paedia Express Multimedia Group in Lagos,Nigeria ,nothing really has changed ,not even the price tag on his names and his firm has affected the way he sees life as a whole.
He still wears the same cloths, sleep on the same bed, same bedroom ,shops in the same local boutique, eats the same food and still have same friends and still live same ideology ,for him there are no airs.
He lives in the same modest home he has home and rented apartment he has lived since January,30,2011 at Ifako Ijaiye in Lagos,Nigeria.
He does not have a personal carat the moment as he elects to move around town and countryside on a car hire service car and commercial vehicles like Buses or taxis.
When his personal lawyer and good friend:Barrister Akintola Taiye Olaniyi elected to give him a car sometimes in 2016 to take him around ,he had complained bitterly that he will not be able to maintain it due to his liquid cash flow at the time.
So bad was his liquid cash flow at the time that in 2016 he had reported at the Lagos Business Schools Pan African University to hold a meeting with Madam Ope Oteri to help him defer his admission after it had emerged that 50percent of the school fees had being paid off via a grant scheme.
He still hopes to go back to the Business School some day.
His Words:"i give thanks to Almighty God who gave me a gift called journalism ,this has allowed me to impact on my generation and even those yet unborn and for this i will ever remain grateful to God"
"i give thanks to my late father ,my mother:Hajia Halima and great siblings like Rekia,Bilkisu,Ralia,my elder brother :Ghani ,my immediate sister:Khadijah and the youngest of our immediate blood line but not the least:kabir"
"i also give thanks to God that my step siblings like sisters Aisha,Zainab and Ishaq Abdulraheem have been there for me at one point or the other either financially,morally,spiritually and otherwise "
"i spent my whole life chasing after a dream:fame,power,influence and now riches and today i thank God that i have not ended my life on the trash can of history like some will have wanted it to be "
"i have implicit faith in Nigeria's economy and i believe that any youth that follows his passion can achieve true wealth like i have done or even surpass me ,Alhaji Aliko Dangote and others like him should however not see me as their enemy but a very hardworking small boy who is willing to join hands with any human being of good conscience in making our nation and the rest of humanity bettr and am even willing to take an advice or two from him and good enough am already great friends with Tony Elumelu since 2002 though i have not seen him physically since 2005 as i went underground to chase my future"
Mr Abdulmumini ireyi Adeku can be seen around Nine or thereabout in the morning walking on foot everyday from his home at Idiagbon area of Ifako Ijaiye in Lagos,Nigeria along the busy college road axis as he navigates his way along the paved pedestrian path to his office at Number two ,Thomas Salako Street in Ogba,Lagos,Nigeria ,which he shares with an associate :Mausight Productions who ironically helps to handle the graphic designs of his tabloid newspaper:Paedia Express
He built the inner confines of his leaving room to look like a library and this also doubles as his private study and both of these he has since donated to the services of Paedia Express Multimedia Group and Paedia Express Trust and his home is complete with a modest furnishing and other household amenities
The house a 1970 styled old school bungalow is structured inside like a penthouse by its owner as it has simple beddings ,couple of bags for travelling ,boxes for clothing's and a big wooden cupboard or cabinet built to store books and literatures of varying subjects under the sun.. .
After falling out with a previous girlfriend in early ,2014 ,Abdulmumini Adeku despite having a kitchen and associated utensils at home elects to eat outside at near- by restaurants.
The moderate sized :LG television, DVD video and StarTimes Television's satellite receiver and antenna among other appliances are what keeps him company when he is not reading or at work weaving out reports with his pen and infact he does at least 95 percent of his job from the home and only goes to the office to relax, hold meetings ,fix appointments and see if there are any invitations for a media assignments for coverage.
Then he also goes to the Library section of the Nigerian Institute for Journalism for research work when he is preparing to do a major reportage on any development that caught his fancy.
He says Books like the Holy Bible,a Book on the life and Times of the Holy Prophet Mohammed [P.B.U.H],his rug and Swiss made Schaffhausen wrist watch nor very rare in the market are his most prized personal effects or assets.
Then a Biafran agitator gave him a shoe as a gift for supporting restructuring in 2015 or thereabout.
Save for the rug which does not seems to smell even when touched by the water and which he brought with his money ,all others were gifts given to him on account of extra ordinary showmanship for journalism and probity.
A section of his balcony and private study even gave way to the heavy rains in the last one year and it took couple of months for repairs to be carried out as his liquidity issue dogged in ..
His friend:Barrister Olaniyi has been putting pressure on him to look for another befitting accommodation.
Though a chronic bachelor he still nurses the hope of marriage and raising children in his lifetime and has not shut the door on that aspect of his private life. 
He thanks lifelong friend :Madam Comfort Oyiza Anikoh for borrowing him a sum of N50,000 when he needed to sue his immediate and former employers :The Premier Newspapers and says he is still in her debt as he has not paid a sum of at least N32,000 and intends to do so by the grace of God.
Till date Abdulmumini irey Adeku and his Paedia Express Multimedia Group in Lagos,Nigeria have never taken any loan and is not intending to .
Mr Adeku has not seeked to profit from any form of inheritance from both of his parents in the course of auditing, neither was his possible attempts at the Guinness Book of World Records, Nobel Peace Prize miss included in this land mark and earth ripping audit.
His involvement in real estate brokerage was partly included especially on areas involving brokerage but on-going land acquisitions and negotiations were not included as at time of filing this report.
The bulk of Paedia Express Trust services were however included in the brand audit which is considered a water shed in the history of corporate business in Nigeria.
Mr Adeku can also be seen on Sundays ministering before God at Sunday School in his local church where he is an Associate pastor...
PAEDIA EXPRESS MULTIMEDIA SHAREHOLDING STRUCTURE
as at 13th ,2017 when an extra -ordinary general meeting 
of the company took place at the News office complex,
2 Thomas Salako Street,Ogba,Lagos,Nigeria.
1]Abdulmumini ireyi Adeku.............................60percent
2]Adeyinka Abdulraheem Shoboyede..................10 percent
3]Henry Ibya.........................................................10 percent
4]Stephen Akonti....................................................10 percent
5]Ado Vem................................................................5 percent
6]Olumide Bello.........................................................1 percent
7]Barrister Akintola Taiye Olaniyi.............................................1percent
8]Mr David Todowede..............................................................1 percent
ABDULMUMINI IREYI ADEKU BUSINESS PROFILE:

FULL NAMES:ABDULMUMINI IREYI ADEKU
OCCUPATION:JOURNALIST/PHILANTHROPIST/BUSINESS MAGNATE
SECTOR PLAYER:MEDIA,REAL ESTATE AND GENERAL MERCHANIDISING
CHILDREN:NONE
MARITAL STATUS:SINGLE
FIRM:PAEDIA EXPRESS MULTIMEDIA GROUP,PAEDIA EXPRESS TRUST
RELIGION:LIBERAL CHRISTAIN
WORDS-ON- MARBLE BY PALS ON ADEKU'S WEALTH
1]when you burnt down the newspaper effigy of The Guardian,The Nation and The Comet Newspapers in protests,it was not just the papers you burnt
You burnt down the heritage,the cars,the buildings,the people,the bank accounts,brand strength and positioning of the firms and their future
Source:Anonymous
2]Mr Adeku is been charitable words calling them tissue paper but that is wrong ,they are worse than that as there are several tissue paper producing firms whose brand value[ s]are quite high and are highly respected in business.
Source: anonymous and fellow publisher
3]If they do not believe what you are telling them on your true net worth then they should go meet a professor of Economics and let them ask of the meaning of an intangible asset.
Source:Anonymous

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