• 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 Sectors Real Estate and Construction

Lagos signs MoU with chinese firm for 68km rail project to connect VI, lekki, Ajah

Caleb Obiowo by Caleb Obiowo
September 6, 2024
in Real Estate and Construction, Sectors
Lagos signs MoU with chinese firm for 68km rail project to connect VI, lekki, Ajah
Share on FacebookShare on TwitterShare on Linkedin

The Lagos State Government has formalized an agreement with the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) for the development of the state’s third metro rail project, the 68km Green Line.

Governor Babajide Sanwo-Olu, currently attending the China-Africa Cooperation Summit, signed the Memorandum of Understanding (MoU) on behalf of the state on Thursday.

The Green Line, which will stretch from the Lekki Free Zone to the Marina, will integrate with the Blue Line at the Marina, enhancing Lagos’ transportation network.

RelatedStories

MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians 

MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians 

August 7, 2025
FG audits N38.3 trillion public assets to curb waste, boost transparency in public enterprises – MOFI 

FG audits N38.3 trillion public assets to curb waste, boost transparency in public enterprises – MOFI 

August 6, 2025

“Lagos, yet another Metro line? Absolutely! The Green Line Metro is here.  

“Today, we signed a historic Memorandum of Understanding with the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) to bring this ambitious project to life.  

“The Green Line is a 68km rail line designed to run from the Lekki Free Zone to Marina, connecting with the Blue Line at Marina,” the statement read in part  

Governor Sanwo-Olu emphasized that the Green Line will connect vital areas such as Victoria Island, Lekki, and Ajah, initially projected to carry 500,000 passengers daily, with capacity expected to exceed one million as demand increases.

More insights  

The Governor further explained that the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) will oversee the design, financing, and operation of the Green Line, aiming to revolutionize public transportation in Lagos.

The Green Line will complement the existing metro infrastructure, including the Blue Line, which has been operational for a year on the Mile 2 to Marina route, and the Red Line, which is preparing for full passenger service later this year.

According to Sanwo-Olu, these metro lines are key components of Lagos’ Strategic Transport Master Plan, designed to build a faster, more efficient, and interconnected city.

What you should know  

The Lagos Strategic Transport Master Plan centres on a robust metro rail system, featuring six Light Rail Transit (LRT) lines as key components.

  • The Blue Line, a 27km rail line, is part of the Lagos Rail Mass Transit (LRMT) system. Its first phase, covering 13km from Lagos Marina to Mile 2, was completed in 2023 and began commercial operations in September, transporting around 2 million passengers since then.
  • The Red Line, a 37km rail project, connects Agbado in Ogun State to Oyingbo, Lagos. The first phase, spanning 27km, includes eight strategically located stations: Agbado, Iju, Agege, Ikeja, Oshodi, Mushin, Yaba, and Oyingbo.

Once fully operational, the Red Line is projected to run 20 trips and carry 500,000 passengers daily.

Other proposed lines include the 68km Green Line (Lekki Free Trade Zone to Marina), the 85.7km Purple Line (Redemption Camp to Ojo), the 48km Orange Line (Ikeja CBD to Agbowa), and the Yellow Line.

These rail lines are designed to offer modern, sustainable, and efficient transit solutions across Lagos.


Follow us for Breaking News and Market Intelligence.
Tags: China Harbour Engineering CompanyLagos Blue LineLagos Green LineLagos Red lineMinistry of Finance Incorporated
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

Related Posts

MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians 
Companies

MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians 

August 7, 2025
FG audits N38.3 trillion public assets to curb waste, boost transparency in public enterprises – MOFI 
Economy

FG audits N38.3 trillion public assets to curb waste, boost transparency in public enterprises – MOFI 

August 6, 2025
Nigeria secures $350 million from AfDB for Kano-Maradi Rail Project 
Exclusives

Lagos Green Line: How the $3 billion rail project will transform Marina to Lekki corridor 

April 15, 2025
Lagos Red Line metro rail commences partial passenger operations after successful six-week trial run 
Business News

Lagos Red Line to run 9 daily trips between Agbado and Oyingbo from Feb 10 

February 8, 2025
Electrical cable sparks fire on Lagos Blue Line Bridge, fire contained without casualties 
Sectors

Lagos Blue Line transports 2.37 million passengers in 15 months after launch 

December 20, 2024
Electrical cable sparks fire on Lagos Blue Line Bridge, fire contained without casualties 
Real Estate and Construction

Lagos govt to demolish Mazamaza Bridge, build new one for Blue Line Phase 2 construction 

December 4, 2024
Next Post
Sen. Heineken Lokpobiri

Petroleum Minister says availability of PMS will stabilise prices across the country  

Leave a Reply Cancel reply

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

arco
arco
access bank
nairametrics
first bank









DUNS

Recent News

  • World Bank, WHO endorse Nigeria’s SWAp model for health sector reform 
  • Project BLOOM scales up impact with second outreach in Ajegunle, Lagos 
  • Inside Nigeria’s fast-growing food powerhouse 

Follow us on social media:

Recent News

World Bank, Tanzania

World Bank, WHO endorse Nigeria’s SWAp model for health sector reform 

October 20, 2025
Project BLOOM scales up impact with second outreach in Ajegunle, Lagos 

Project BLOOM scales up impact with second outreach in Ajegunle, Lagos 

October 20, 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