Ibrahim Adebola Abdul, born on June 23rd, 1991, in Lagos, Nigeria, is a versatile individual. He is a businessman, a sports and travel enthusiast, a polyglot proficient in Russian, French, Italian, and Catalan, an entrepreneur, a front-end web programmer, and a martial artist in Shotokan Karate. He hails from a family primarily involved in importing printing papers and related products.

Ibrahim Adebola Abdul

Early Life and Education

Adebola Abdul attended Corona School Gbagada and Olashore International School before pursuing his BSC in Politics and International Relations at the University of Reading, United Kingdom. He continued his thirst for knowledge by obtaining certificates from Udemy in Brand Marketing, Brand Equity, Logistics, Transportation, and Supply Chain Management, all under the guidance of tutor Aurelian Miliot. Furthermore, Abdul is keen on obtaining a certificate in front-end web development, encompassing HTML, CSS, JavaScript, and coding languages.

Professional Journey

Upon completing his university studies in the UK, Abdul returned to Lagos, Nigeria, where he worked as a warehouse executive and assistant to the Managing Director at Paperland Industries Limited for three years. He later ventured into the downstream oil and gas industry as an independent marketer of petroleum products, including Automated Gas Oil, Premium Motor Spirit, and Dual-Purpose Kerosene.

About Panex 24 LTD

Through dedication and hard work, Abdul and his team established Panex 24 LTD, forming a strong partnership with Elcinovate Energy Ltd for procuring and supplying these products to households, companies, and industries. In 2019, the company expanded its scope into real estate management, focusing on providing affordable housing in upscale areas of Lagos, such as Ikoyi, Lekki Phase 1, and Victoria Island.

Partnerships

Panex 24 LTD has forged partnerships in both the real estate and e-commerce sectors, collaborating with established players like Konga LTD and Tilden Nigeria Limited to address customers' needs and wants.

Objectives, Goals, and Future Plans: With a dedicated team committed to achieving their objectives, Abdul and his team aim to excel in their sector and expand by opening new offline stores in new markets. They also seek to contribute to Nigeria's economy by reducing the export of foreign currency.

Leadership Style and Philosophy

Abdul adopts an open-door policy leadership style, welcoming critique and contributions from all team members. His business philosophy revolves around strong moral integrity.

Achievements

Abdul and his team introduced affordable A4 papers from South Africa, making them accessible to retailers and end-users without straining their budgets. They also provided affordable housing for students in premium Lagos areas and focus on developing practical skills in their human capital.

Popular Quotes 

Their guiding principles include embracing change, disruption, resilience during tough times, and staying grounded and humble.

Contributions to Society

In terms of corporate social responsibility (CSR), the team actively engages in charitable contributions and philanthropic actions, benefiting the less privileged in Lagos Island and Ikeja's computer village, where they operate.

Future Contributions

Their ambitious goal is to meet the demand for 3 million metric tonnes of paper annually in Nigeria, as the country currently only produces 250,000 metric tonnes. They plan to establish paper mills to reduce capital flight due to paper importation."