Jaideyone:
it has been awarded to JB at an outrageous cost. the biafrans will pay toll for many years. if bubu tries revoke the contract the biafrans will cry foul so let's leave them to enjoy the transformation

Jaideyone:
Buhari is working!!!

thisisbankole:
The President Muhammadu Buhari-led government has approved the construction of the $2.4 billion Lagos red line rail project.

According to Lagos State Commissioner for Transportation, Dr. Dayo Mobereola, approving the right of way for the project had been a problem for donkey’s years as the Federal Government in the previous administration was reluctant to do so.

Bear in mind, the right of way belonged to the Nigeria Railway Corporation, NRC.

“It took us four and half years to get approval for the project. It took us another four years to get them to discuss the technicality of the project with us. The right-of-way has been approved and we are in full discussion with the bidders,” he said.

Speaking on the Blue Line Light Rail project, the commissioner said the government would complete it by the end of next year.

“We are mindful of the problem of transportation in Lagos State. Towards the end of next year, something will happen. Our rail project is 27 km and we are doing it in phases. We are doing Mile 2 to CMS now and we will do Mile 2 to Okokomaiko later,” he said.



http://www.360nobs.com/2015/11/pres-buhari-approves-2-4bn-for-construction-of-lagos-red-line-rail/

Jaideyone:
it has been awarded to JB at an outrageous cost. the biafrans will pay toll for many years. if bubu tries revoke the contract the biafrans will cry foul so let's leave them to enjoy the transformation

nickxtra:
The benefits of aligning with a ruling government at the centre. Lagos people did not make a mistake. Ambo o, Ambo.......... I beg, some one should help me finish the song,

pazienza:
Nigerian commonwealth spent specifically to build up Lagos and Abuja, tomorrow peeps will start bragging about how their sophistication built Lagos.

MadCow1:
Rivers State cant afford to be at odds with the center..


Please vte Dakuku and maybe with Amaechi lobbying at the top, we can bring Rivers State Ports (Both Sea and Air) back to life and pum some economic life into the state.

asha80:
I thought ports in rivers are not functioning because of shallow nature and pirates?how would buhari reverse that?

joeanointing:
It doesn't make any sense. Why will the Lagos State government spend 2.4 billion dollars to construct 27 kilometer rail line? It does not make any financial sense.

docadams:
When Baba is in charge things go well. Bureaucracy has been revamped for effective delivery of services. We can now live and hope and not live and despair.

AUGUST 10, 2011

The Lagos deal would be the first of its kind for the TTC. Decommissioned cars are usually sold for scrap metal and can fetch up to $1,500 dollar each. While Ross declined to discuss specific figures, he says the sticker price for Lagos is "significantly more" than scrap prices, putting the potential profits to the TTC in the millions of dollars.

It is not unusual for technology from western nations to end up in poorer countries. Marketplaces in Africa and Asia are flooded with North American clothes, computers, and even cars, but the purchase of larger technology like trains is rarer.

The cars will have to be significantly refurbished to fit existing infrastructure in Lagos, and some Nigerian media reports have lamented that the government appears to have settled on "tokundo," or used, trains instead of brand new vehicles.

Although half the cars are more than 30 years old, Ross is adamant they are perfectly safe and are only being decommissioned for capacity reasons. But he also admitted the TTC is not required to make sure the cars meet any safety standards before selling them.

"Once sold, it's up to the new operator to ensure they are in good working order," he said. "They do need to be maintained much more frequently than the new trains, simply because of their age. At some point they will run out their useful life."

Murtaza Haider, director of the Institute of Housing and Mobility at Ryerson University, said the age of the cars is definitely a cause for concern.

"We should be ensuring that there is some service life left in these vehicles and we're not going to be playing havoc with the lives of those who would ride these vehicles," Haider said. "There's metal fatigue, and that metal fatigue could result in dangerous conditions. I would be paying a close watch on this for the next ten years to see how many accidents do happen in Lagos."

More from: https://nowtoronto.com/news/next-stop-nigeria/

Lagos light rail’ll be ready in June – Fashola
JANUARY 9, 2013

The Lagos State Governor Babatunde Fashola on Tuesday said the first phase of the state Blue Light Rail project would be completed by June this year(2013).

He expressed confidence that Lagosians would start enjoying the services of the lrail project immediately.

The first phase would run from Marina and terminated at Okokomaiko area in Ojo Local Government.

Fashola spoke during an inspection of ongoing projects in the state which took him and his cabinet members to Orile-Iganmu, Alimosho and Ejigbo areas among others to assess the level of works being done by contractors.

The governor, who inaugurated the trackwork of the blue light rail at Alaba Suru, Coker-Agunda Local Council Development Area, said the level of work on the road and those of the National Theatre and Alaba-Mile 2 rail stations, would ensure early completion

He said, “In order to finish the project, the contractor did not go on vacation during the festive period. This will ensure that the project is delivered on time for the use of Lagosians.

More from: http://www.punchng.com/news/lagos-light-railll-be-ready-in-june-fashola/

How We Spent N160bn World Bank Loan on Light Rail Project
11 Sep 2014
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He, therefore, explained that the state government already “has in place, strategies to repay the loan. The federal government was in the know of the state’s decision to take the bond and it approved it.”

He added that the truth “is that what they do not also say is that no state in Nigeria can borrow money outside, from any multilateral agencies without the approval of the federal government.

“What they did not say is that they approved it. No state can raise money by bond the way we have done without the federal government’s approval. Both SEC and NSE are all federal regulatory agencies through which we must pass. If they said okay, it means there must be something good about the debt.

More from: http://www.thisdaylive.com/articles/lagos-how-we-spent-n160bn-world-bank-loan-on-light-rail-project/188736/

Why I reached out to Igbo voters –Ambode, Lagos APC governorship candidate
APRIL 4, 2015
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When is the light rail going to be delivered, the project seems to be going on for years?

I just said it, it’s being funded by Lagos State and the Federal Government support is not there. But I believe strongly that we will create a financial restructuring that will allow us to deliver that light rail within the next 18 months.

More from: http://www.punchng.com/feature/hotseat/why-i-reached-out-to-igbo-voters-ambode-lagos-apc-governorship-candidate/

Jaideyone:
it has been awarded to JB at an outrageous cost. the biafrans will pay toll for many years. if bubu tries revoke the contract the biafrans will cry foul so let's leave them to enjoy the transformation

neocortex:


Suddenly, you are ignorant of the Lagos Lekki toll which resulted
in serious protest when Fasola was in office.
You are smarter than this aren't you ?

obailala:
This project is been done by the LASG.

The only reason why anyone would be silly enough to claim that their sophistication built Lagos is because someone else was silly to claim that his kinsmen are solely responsible for developing all of Lagos. Silly statements are usually prompted by another silly statement.