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Home Business News Business
BUS, Lagos to close Ilupeju, Jibowu-Yaba axis for railway project, Lagos shuts Ketu-Mile 12 section of Ikorodu road, outlines alternative routes, Motorists to pay N1000 penalty at Lekki-Ikoyi Toll Plaza

Frederic Oladeinde

Lagos Govt says efforts to revamp state transportation will facilitate development

Omokolade Ajayi by Omokolade Ajayi
3 years ago
in Business
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The Commissioner for Transportation, Dr. Frederic Oladeinde, disclosed that the Strategic Transport Master Plan of the state will improve the flow of movement in the metropolis and also facilitate growth and development.

According to the information contained in the press release issued via the official Twitter account of the Lagos State Government, the Commissioner made this disclosure in his keynote address at the 2nd Edition of the Lagos Transport Fest 2020.

While speaking at the ceremony, he revealed that in an effort to bolster economic growth and development in line with the smart city goal of the present administration, the Lagos State Government has revamped its Strategic Transport Master Plan.

According to him, the Master Plan will be anchored on the implementation of major reforms, which will include developing comprehensive mass transit systems that will connect all the 28 activity centres in Lagos and the development of a water-based network with land-based Mass Transit systems.

In line with this comprehensive outlook and the key focus of the Master Plan, the strategic reforms captured in the plan includes the construction of six rail lines, one monorail line, 14 BRT routes, over 20 water transport routes and the development of cycle lane network with pedestrian ways to improve the flow of movement in the metropolis.

He stated that revamping the plan was required to address the current transportation challenges by identifying facilities and services necessary to manage the dynamics of Lagos as a Smart City.

Why this matters

  • The Commissioner noted that the plan will optimize existing road networks to ensure compatibility with new modes coming on board, as well as the deployment of an Intelligent Transport System to aid integration in the state and reduce traffic congestion.
  • The strategy which would include integrated fare and ticketing system, information and communication system and coordinated service timetables, is expected to resolve infrastructural issues in the state transport system and would help to reduce mobility delays, improve journey time reliability for businesses, as well as social and environmental objectives through a reduction in traffic congestion.
  • The strategic reforms captured in the plan will have an impact on the economy of the state and the nation at large, as an effective transport system is key to the productivity of any active economy.
  • This move will also help to improve the ranking of the city among others on the global stage, as well as the standard of living of its citizens.

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Tags: Strategic Transport Master Plan
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

Comments 1

  1. Folarin says:
    December 18, 2020 at 8:27 pm

    Nothing but borgous grammar.What are your plans to eradicate the agberos,touts collecting Toll on the roads, extorting money from drivers. How do you intend to eradicate Molue and yellow buses from Lagos roads, replacing them with more modern vehicles.

    Reply

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