News

Lagos rail project costs over ₦100bn, Gov. Sanwo-Olu reveals

Governor Babajide Sanwo-Olu of Lagos state has disclosed that the rail projects constructed by the state government will gulp over ₦100bn.

The governor, who revealed this during an interview on Channels Television Sunday Politics, said, “It is a lot of money, it is well over N100 billion.

“I don’t criticise my predecessors but indeed for whatever planning or reasons, he never funded it. When we came back last two years, the contractor has since moved from about 55 per cent to about 93 per cent in terms of the physical construction of phase 1”.

Governor Sanwo-Olu also accused the administration of the Peoples Democratic Party (PDP) of not given the state government the right of way for the construction of the light rail.

He assured the residents of the state to expect the rail project delivered by the last quarter of 2022.

He also spoke on water transportation in the nation’s commercial capital, noting that his administration has targeted a daily movement of 70,000 passengers.

admin

Recent Posts

Ford Trims Workforce: 4,000 Jobs to Go in Europe

US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in…

2 days ago

Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor

  President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe…

2 days ago

Ekiti Workers to Earn N70,000 Minimum Wage as Govt Signs MoU with Unions

  The Ekiti State Government has reached an agreement with labour leaders in the state,…

2 days ago

N610bn Constituency Projects Under ICPC Scrutiny in 21 States, FCT

  The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated the seventh…

2 days ago

Iraq Undertakes Historic Census After 40-Year Gap

Iraq is holding its first nationwide census in nearly four decades this week, a long-awaited…

2 days ago

Relief as Rep ‘Lafi’ Empowers 300 Constituents Through Skill Acquisition Programme

  Over 300 constituents of Akinyele/Lagelu Federal Constituency in Oyo State benefitted from a skill…

3 days ago