Lagos, Chinese firm sign MoU for Lekki-Ajah-VI rail construction
Lagos State Government is set to commence the construction of the Green Rail Line linking Victoria Island, Lekki and Ajah.
The state government, Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC), have signed a Memorandum of Understanding (MoU) for the construction of the Green Line Rail.
The MoU, witnessed by Lagos State Governor, Mr. Babajide Sanwo-Olu, Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, and key officials, was signed during the Forum on China-Africa Cooperation (FOCAC) in Beijing, China.
This partnership will see MOFI and CHEC provide the financing, design, operation, and maintenance of the Green Line, which will complement the already operational Blue and Red Lines, serving thousands of Lagos residents daily.
Speaking at the event, Governor Sanwo-Olu highlighted the transformative impact of the Green Line Rail, which will link major areas such as Victoria Island, Lekki, and Ajah.
“This historic MoU marks the beginning of an ambitious project that will redefine public transportation in Lagos,” said Sanwo-Olu.
“The Green Line, a 68km rail running from Lekki Free Zone to Marina, will connect with the Blue Line, linking key areas and revolutionizing our transport infrastructure.”
At launch, the rail line is expected to transport over 500,000 passengers daily, with capacity projected to rise to over a million as demand increases. According to the governor, the project aligns with the state’s Strategic Transport Masterplan, which aims to build a fast, efficient, and interconnected transport system.
Ex–Fire Captain Jailed for Life for Killing Fiancée, Her Son Over Movie Argument A former…
NYSC Expands SAED Programme, Moves to Establish Trust Fund for Corps Members The National Youth…
Why UTME Results Were Delayed — JAMB Gives Official Explanation The Joint Admissions and Matriculation…
NDLEA Dismantles Drug Syndicate, Seizes Cocaine Hidden in Food Flasks The National Drug Law Enforcement…
Shekarau, Gwarzo Dump PDP for APC in Kano Political Shake-Up Former Kano State governor, Ibrahim…
Iran Keeps Strait of Hormuz Closed, Says Final Deal With US Still Distant The strategic…