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.