• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Lagos says Redline rail is 95% ready, will be ready by end of 2023 

Chike Olisah by Chike Olisah
September 4, 2023
in Business News
Lagos state, Babajide Sanwo-olu, Redline and Blue Line rail

Governor Babajide Sanwo-Olu at the construction of the Lagos Blue Line

Share on FacebookShare on TwitterShare on Linkedin

The Lagos State Governor, Babajide Sanwo-Olu, has assured residents that the Redline Light Rail system from Ebute-Metta to Agbado will be ready by the end of 2023 as the project is 95% completed. 

This was made known by Governor Sanwo-Olu while briefing the media after the official flag-off of the Blue Light rail passenger operation on Monday, September 4, 2023. 

The governor in the company of his deputy, Dr. Femi Hamzat, and his wife, Ibijoke Sanwo-Olu, had earlier in the morning, made an inaugural ride on the rail from CMS Terminal to Mile-2 Station in Lagos. 

RelatedStories

Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 

Sanwo-Olu to lead Lagos State delegation to FNITCC Atlanta

September 7, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 

Lagos attracted over $6 billion in tech startup funding between 2019 and 2024 – Sanwo-Olu 

September 3, 2025

The governor was also accompanied by Secretary to the State Government, Mrs. Bimbola Salu-Hundeyin, All Progressives Congress Chairman in Lagos, Pastor Cornelius Ojelabi, ex-APC Chairman, Tunde Balogun, former Deputy Governor, Femi Pedro, former Speaker of the House of Assembly Adeyemi Ikuforiji, Senator Musiliu Obanikoro, wife of the governor, Mrs. Ibijoke Sanwo-Olu, Commissioner of Police, Idowu Owohunwa, among other top government officials. Students were also on the inaugural train service. 

Flyover for Red Rail line to be commissioned in September 

Governor Sanwo-Olu said that the flyover being constructed for the Red Line would be commissioned and opened gradually beginning from the end of September so that passengers and motorists can start using the facilities. 

  • He said, “The train stations will also be unveiled gradually, the rolling stock is being retrofitted already. We are just putting the finishing touches to the project.” 

What you should know 

The 37-kilometre Red Line rail project, which was flagged off by Governor Sanwo-Olu in April 2021, is expected to have 8 train stations from Agbado to Oyingbo in the first phase while terminating at Iddo in the second phase. 

The Red Line is part of the state government’s vision of an integrated multimodal transportation system contained in the State’s Strategic Transport Master Plan (STMP), developed by LAMATA, which aims ultimately to birth a world-class transportation network that will support the state’s profile, as the economic capital of Nigeria and Africa. 

The Red Line rail project has faced a couple of delays with the Lagos State Government earlier assuring that it will be completed before the end of 2022.

This was further extended to the first quarter of 2023 as the government announced that it has received 2 trains, TALGO Serie 8, for the Red Line Rail System. 


Follow us for Breaking News and Market Intelligence.
Tags: Babajide Sanwo-OluFemi HamzatRedline rail
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Companies

Sanwo-Olu to lead Lagos State delegation to FNITCC Atlanta

September 7, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Sectors

Lagos attracted over $6 billion in tech startup funding between 2019 and 2024 – Sanwo-Olu 

September 3, 2025
Lagos state to cut Blue Line fares by 50% as ridership tops 5 million in two years
Sectors

Lagos state to cut Blue Line fares by 50% as ridership tops 5 million in two years

September 3, 2025
Lagos to earn additional $1 billion forex inflows annually 
Business News

Lagos to earn additional $1 billion forex inflows annually 

August 25, 2025
Governor Sanwo-Olu to be honoured at Nairametrics Capital Market Awards for positioning Lagos as West Africa’s financial hub 
Business News

Leather exports from Lagos to generate N387.5 billion annually – Sanwo-Olu 

August 23, 2025
Governor Sanwo-Olu to be honoured at Nairametrics Capital Market Awards for positioning Lagos as West Africa’s financial hub 
Business News

Lagos lost N19.52 billion to fire in 2024 – Sanwo-Olu 

August 12, 2025
Next Post
NSCDC jointly expose 12 illegal oil refining sites in Delta

Oil theft: Army, NSCDC expose over 12 illegal oil refining sites in Delta 

Comments 1

  1. Mankirat singh says:
    September 4, 2023 at 6:34 pm

    “Absolutely love the insights shared in this article! Building a solid financial foundation is key, and you’ve outlined the essential steps beautifully.

    Budgeting is where it all starts – understanding where your money goes is crucial for making informed decisions. And having that emergency fund? It’s like having a safety net that provides peace of mind during uncertain times.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
arco
Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • UK to introduce BritCard, mandatory digital ID for all adults to curb illegal immigration 
  • JICA withdraws ‘Africa Hometown’ initiative after backlash in Japan 
  • Amazon to refund $1.5 billion to customers in Prime subscription case settlement 

Follow us on social media:

Recent News

UK Prime Minister Sir Keir Starmer

UK to introduce BritCard, mandatory digital ID for all adults to curb illegal immigration 

September 26, 2025
Japan Flag

JICA withdraws ‘Africa Hometown’ initiative after backlash in Japan 

September 25, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics