PAEDIA EXPRESS FOUNDER'S SHOES GOES ON SALE FOR $100,000 IN
LAGOS
The Founder of Paedia Express Multimedia Group ,Lagos,Nigeria,Mr Abdulmumini
ireyi Adeku
has put a shoe believed to be at least 10 years old and
which he has used continually since 2010 after collecting it as a gift for
sales as an online public auction goes on live via his Facebook fan page with
teh auction being conducted by the Paedia Express Consulting.
The Shoe , a pair of
brown leather broaches boot was given to him by a colleague in the production
,sales and circulation department of Financial Standard Newspapers ,where he
earned a living as Editor ,Digital Edition in 2010.
The shoes are expected to be available for the purpose of
public auction for between six to 12months
maximum.
Mr Adeku says due to his brand's shoe string nature and its
strict policy at never visiting any bank for a loan he will have to embark on
the public auction for the purpose of raising liquid cash which will then be plough
into his business and also supporting Paedia Express Trust charity works en
route to his brand being floated in the
Nigerian Stock Exchange.
Mr Adeku's other prized personal assets,among which includes
a rare Switzerland made wrist watch ,a Holy Bible and a book on the Life and
Times of the Prophet Mohammed [P.B.U.H],all given to him as gifts on account of
service to mankind through the art and science of Journalism will however not go
on auction.
Though business man ,Abdulmumini ireyi Adeku is wealthy by
all standard as he is currently valued at a whooping 18 billion British Pounds
Sterling ,but is a versed to the idea of taking and leaving on bank loans and
will rather use a public auction model to raise cash for his brand while
cashing in on his brand profile and positioning.
Mr Adeku's personal fortunes are tied in shares and likely stocks in the future and not in liquid cash.
This is the first time in eight years of continuous trading
Mr Adeku will be going live via a public auction after starting business in
2005 with a modest N100 000 or thereabout from gifts from Erelu Mojishola Obada
,Former Deputy Governor of Oshun State and a desk top computer given out to him
by Dr Phil Osagie, Head Consultant, J.S.P. Corporate Communications ,Lagos,Nigeria
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