The Lagos State Government, the Ministry of Finance Incorporated (MOFI), and China Harbour Engineering Company (CHEC) have signed a Memorandum of Understanding (MoU) for the Green Line Rail Project in Lagos.
The MoU was signed during the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing, China, on Thursday, September 5, 2024.
The signing was witnessed by Lagos State Governor Babajide Sanwo-Olu; Minister of Finance and Coordinating Minister of the Economy, Olawale Edun; the Special Adviser to the Governor on Infrastructure, Engr. Olufemi Daramola; the Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo; and top officials of the Federal Government and CHEC.
Speaking after signing the MoU, Sanwo-Olu said the Green Line Rail will redefine public transportation and transform the Lagos State transport landscape, linking key areas such as Victoria Island, Lekki, Ajah, and more.
The governor said: “The Green Line is a 68km rail line designed to run from the Lekki Free Zone to Marina, connecting with the Blue Line at Marina. This new line will transform our transport landscape, linking key areas like Victoria Island, Lekki, Ajah, and more.
“This rail line is projected to carry over 500,000 passengers daily at launch, rising to over a million as demand grows. With the Ministry of Finance Incorporated and CHEC leading the design, financing, and operation, the Green Line will redefine public transport in Lagos.
“The Green Line complements our existing rail lines, including the Red Line, which has already begun partial operations. Together, these lines form the backbone of our Strategic Transport Masterplan, designed to create a fast, efficient, and connected Lagos.
Lagos govt announces 25% discount on blue rail, raises trips to 72
“The impact of these rail lines goes beyond transportation. They are catalysts for economic growth, connecting communities, reducing travel times, and enhancing the quality of life for millions. We are building a city that works.
“This is Lagos, and we will continue to lead. We would like to extend our heartfelt gratitude to President Bola Tinubu for his unwavering support and complete endorsement of this project. His commitment not only reflects his dedication to our shared vision but also serves as a powerful catalyst for its success.”
According to the Lagos State Government, the Ministry of Finance Incorporated and China Harbour Engineering Company will source the funding to design, finance, operate, and maintain the project.
The Green Rail Line, which will connect with the Blue Line at Marina, is designed to run from the Marina Station through Victoria Island, Lekki Phase 1, Ajah, Lekki 2, Ogombo, Elepetu, Eluju, Lekki Airport, and Lekki Free Trade Zone.
The Economic and Financial Crimes Commission (EFCC) says its decision to freeze the Osun State…
Nigerian author Jerry Falade has lost a publishing deal worth more than $2 million after…
President Bola Tinubu has welcomed the rescue of 308 abducted Nigerians from a forest in…
Peter Obi has urged President Bola Tinubu to take seriously the concerns raised by the…
The Kwara State Government has announced the release of residents abducted during the February attacks…
The Nigerian Army has declared several senior commanders of the Islamic State West Africa Province…
This website uses cookies.