TRADE:BRAVE HEART AT PAEDIA EXPRESS LOSES OVER $5BILLION IN 11 YEARS
BY ABDULMUMINI ADEKU...........................................................FINANCIAL BALANCE SHEET AS AT AUGUST,2020
1]Philanthropy:N1.2Billion
2]Staff strength :20
3]Salaries/Honourarium:N5.5million
4]Debt owed to firm by clients:N37.6million
5]Debt owed by firm to others:N500,000
6]Losses in 11 years of operations:over $5billion
7]Expenditure in 11 years :N17 million
8]Endorsement in 11 years :N100 to N110 million
9]Does not owe and Nigerian or Foreign Bank any debt
10]Is currently not insured even as steps have being taken in that direction
11]Has not paid any form of tax to Government in 11 years of trading due
to poor profit margin as company has a poor liquidity history
12]Group's Brand Networth is between 612 billion pounds sterling to 248 Trillion pounds sterling
:This can be proven by Mr Adeku under a Judicial situation if need be..
13]Income expenditure annually runs between N700,000 TO N1.2 Million.
14]Between N500,000 to N600,000 made from conventional advertising and public relations
15]About N500,000 sales made from real estate and properties
16]Sweat Capital:N33Billion
GROUPS PRIZED ASSET PORTFOLIO:
1]Anatomy of the Holy Quran-$2million
2]shoes-$500,000
3]Swiss Wrist watch-$2.5million
4]Library ,materials -N160million
5]Autographed copies of forged news room documents :process less
Assets are kept in a special museum administered by Paedia Express Trust..
Several millions of naira could also be raised from assets like the 1950s coronation picture of Queen Elizabeth the 2nd and the 1982 Nigerian Punch Newspapers copy of Pope John Paul the 2nd coronation..
Note on the Following:
1]An abandoned building for development in Oke-Aro ,Ogun state of Nigeria given to the group for the purpose of real estate development is still lying fallow and has not being calculated into the group's portfolio's asset base
2]A Mario Puzzo ,Godfather inspired Art portrait which is currently appreciating has not being included as well...
And so as at 11th of August,2020,The House of David and The House of Saul continued to fight with great ferocity while the House of David continued to wax very strongly ,The House of Saul as usual continued to go down the hill as expected..
The House of David of course is the E.N.M.Paedia Express Multimedia Group of Lagos,Nigeria and The House of Saul remains The Nigerian People,its government,media,bureaucrats,civil society,the judiciary,the business class as it ganged -up to fight the founder of Paedia Express Multimedia Group of Lagos,Nigeria in the last five years or even from 2005 that he started his crusading journalism on graft ..
So fierce has the storm in the tea cup being that in the last five years religious leaders ,friends, moles were co-opted to fight the founder of Paedia Express ,well.,if the whole world denies this at least Hajia Halimat Adeku nee Yisa ,the Mother of this journalist will not deny this truth under a legal situation or that her son was fighting prostatitis or was made penniless by state actors so as to provide a platform for the rejection of true reforms for the Nigerian state...
As at 11th of August,2020,The News office Desk of the E.N.M.Paedia Express Multimedia Group of Lagos,Nigeria observed of efforts being made by The Guardian Nigeria to discredit the person of Mr Abdulmumini ireyi Adeku on its news page report titled:The Guardian disowns Fake Facebook Page ,though it was careful not to mention his names presumably for legal reasons .
To the usual reader ,this will be to pass but not so for this medium as the dubious ,mainstream press locally and globally has a habit of creating a "Third Party"subject or theory on an issue so as to divert the attention of the readers from the real crux of the matter thus hiding the real truth hence allowing graft to linger on seamlessly in what is called veil journalism..
Examples which we have observed and which is fully documented and can be interpreted under a legal situation are The World Trade crisis,Covid-1`9,China-United states relations,Iran-United states relations,North Korea-United states relations,Kashmir,Hong kong -China relations ,Biafra,Nnamdi Kanu,Boko Haram amongst several discourse in the public domain globally..
When Paedia Express Multimedia Group of Lagos,Nigeria petitioned the office of the Chairman of the Economic and Financial Crimes Commission [E.F.C.C.]of being fleeced to the tune of N2.3million in a transaction by a group of online car racketeerers,the anti-graft agency simply turned a blind eye...
For the relentless press freedom project launched against The Guardian and The Comet Newspapers by this reporter ,a highly appreciative nation gave the individuals that defamed this reporter state appointments while efforts were put in place at disgracing this reporter and to the delight of the entire press,both locally and globally as they cheered on joyfully but for divine intervention..
In the last two years ,Mr A.I.O.Adeku battled ill health via Prostatitis ,a disorder which if it was not properly treated would have developed into a case of full blown cancer ,again a highly appreciative nation prayed silently to read the reporters obituary in the press as they refused him every form of business which pursued just like in the last 9 years before he started to battle the ailment....
This allegations could be denied but when measured with the fact that Mr A.I.O.Adeku is on a Federal Government of Nigeria sponsored surveillance regime of satellite tracking,drone surveillance ,amongst other gadgets in conjunction with several global publics this kind of denial will sound odious in the face of documented facts and figures in Paedia Express Library and Museum...
However this is not a one-off situation ,when The Chief Economist of the group,Professor Charles Adeiye lost his eldest daughter to the cold hands of death at an Ariana Grande 's concert in Manchester ,United Kingdom couple of years back after been killed in an I.S.I.S. inspired bomb attack, again an appreciative nation rejoiced at Paedia Express pains...
The media mogul himself has not being able to travel due to the growing air of insecurity around him as he gets continually threatened by government paid agents calling him a dead man ,he had escaped assassination in January,2018.
Due to the deliberate sabotage of The E.N.M.Paedia Express Multimedia brand by all Nigerian stakeholders for reasons principally borne out of racism ,it has lost at least $120 million annually from possible tourist traffic to Paedia Express Museum .library and office facilities .
Other factors that has affected the brand have being poor advertising returns ,poor business decisions ,unforeseen circumstances among other situations ...
For a brand that opened for trading on the 30th of September,2005 with a paltry N50,000 and a gift of a desk top computer ,who will say Abdulmumini ireyi Adeku is no brave heart?
GROUPS PRIZED ASSET PORTFOLIO:
1]Anatomy of the Holy Quran-$2million
2]shoes-$500,000
3]Swiss Wrist watch-$2.5million
4]Library ,materials -N160million
5]Autographed copies of forged news room documents :process less
Assets are kept in a special museum administered by Paedia Express Trust..
Several millions of naira could also be raised from assets like the 1950s coronation picture of Queen Elizabeth the 2nd and the 1982 Nigerian Punch Newspapers copy of Pope John Paul the 2nd coronation..
Note on the Following:
1]An abandoned building for development in Oke-Aro ,Ogun state of Nigeria given to the group for the purpose of real estate development is still lying fallow and has not being calculated into the group's portfolio's asset base
2]A Mario Puzzo ,Godfather inspired Art portrait which is currently appreciating has not being included as well...
And so as at 11th of August,2020,The House of David and The House of Saul continued to fight with great ferocity while the House of David continued to wax very strongly ,The House of Saul as usual continued to go down the hill as expected..
The House of David of course is the E.N.M.Paedia Express Multimedia Group of Lagos,Nigeria and The House of Saul remains The Nigerian People,its government,media,bureaucrats,civil society,the judiciary,the business class as it ganged -up to fight the founder of Paedia Express Multimedia Group of Lagos,Nigeria in the last five years or even from 2005 that he started his crusading journalism on graft ..
So fierce has the storm in the tea cup being that in the last five years religious leaders ,friends, moles were co-opted to fight the founder of Paedia Express ,well.,if the whole world denies this at least Hajia Halimat Adeku nee Yisa ,the Mother of this journalist will not deny this truth under a legal situation or that her son was fighting prostatitis or was made penniless by state actors so as to provide a platform for the rejection of true reforms for the Nigerian state...
As at 11th of August,2020,The News office Desk of the E.N.M.Paedia Express Multimedia Group of Lagos,Nigeria observed of efforts being made by The Guardian Nigeria to discredit the person of Mr Abdulmumini ireyi Adeku on its news page report titled:The Guardian disowns Fake Facebook Page ,though it was careful not to mention his names presumably for legal reasons .
To the usual reader ,this will be to pass but not so for this medium as the dubious ,mainstream press locally and globally has a habit of creating a "Third Party"subject or theory on an issue so as to divert the attention of the readers from the real crux of the matter thus hiding the real truth hence allowing graft to linger on seamlessly in what is called veil journalism..
Examples which we have observed and which is fully documented and can be interpreted under a legal situation are The World Trade crisis,Covid-1`9,China-United states relations,Iran-United states relations,North Korea-United states relations,Kashmir,Hong kong -China relations ,Biafra,Nnamdi Kanu,Boko Haram amongst several discourse in the public domain globally..
When Paedia Express Multimedia Group of Lagos,Nigeria petitioned the office of the Chairman of the Economic and Financial Crimes Commission [E.F.C.C.]of being fleeced to the tune of N2.3million in a transaction by a group of online car racketeerers,the anti-graft agency simply turned a blind eye...
For the relentless press freedom project launched against The Guardian and The Comet Newspapers by this reporter ,a highly appreciative nation gave the individuals that defamed this reporter state appointments while efforts were put in place at disgracing this reporter and to the delight of the entire press,both locally and globally as they cheered on joyfully but for divine intervention..
In the last two years ,Mr A.I.O.Adeku battled ill health via Prostatitis ,a disorder which if it was not properly treated would have developed into a case of full blown cancer ,again a highly appreciative nation prayed silently to read the reporters obituary in the press as they refused him every form of business which pursued just like in the last 9 years before he started to battle the ailment....
This allegations could be denied but when measured with the fact that Mr A.I.O.Adeku is on a Federal Government of Nigeria sponsored surveillance regime of satellite tracking,drone surveillance ,amongst other gadgets in conjunction with several global publics this kind of denial will sound odious in the face of documented facts and figures in Paedia Express Library and Museum...
However this is not a one-off situation ,when The Chief Economist of the group,Professor Charles Adeiye lost his eldest daughter to the cold hands of death at an Ariana Grande 's concert in Manchester ,United Kingdom couple of years back after been killed in an I.S.I.S. inspired bomb attack, again an appreciative nation rejoiced at Paedia Express pains...
The media mogul himself has not being able to travel due to the growing air of insecurity around him as he gets continually threatened by government paid agents calling him a dead man ,he had escaped assassination in January,2018.
Due to the deliberate sabotage of The E.N.M.Paedia Express Multimedia brand by all Nigerian stakeholders for reasons principally borne out of racism ,it has lost at least $120 million annually from possible tourist traffic to Paedia Express Museum .library and office facilities .
Other factors that has affected the brand have being poor advertising returns ,poor business decisions ,unforeseen circumstances among other situations ...
For a brand that opened for trading on the 30th of September,2005 with a paltry N50,000 and a gift of a desk top computer ,who will say Abdulmumini ireyi Adeku is no brave heart?
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