NewStats: 3,261,711 , 8,174,886 topics. Date: Friday, 30 May 2025 at 09:20 AM 2a2o2g

6z3e3g

Sanwo-Olu Presents Investment Strategy For Purple Rail Line Project - Politics - Nairaland 5i6q6a

Sanwo-Olu Presents Investment Strategy For Purple Rail Line Project (9084 Views)

(4)

(1) Go Down)

Lanrelagboi: 7:38am On Dec 05, 2024
Today, at the Africa Investment Forum Market Days, I presented our investment strategy for the Purple Rail Line project.

The Purple Rail Line is a 60 km electrified rail system that will include 16 stations and seamlessly integrate with existing metro and bus services to enhance connectivity. It is projected to serve over 300,000 engers daily, significantly reducing greenhouse gas emissions by encouraging a shift from road to rail transportation.

I am pleased to share that we have secured substantial funding commitments, as the Purple Line represents a viable investment opportunity with promising returns. We are excited to move forward with this project.

I also participated in a pre-deal room meeting organized by Dr. Akinwumi Adesina, President of the African Development Bank, regarding the Nigeria Special Agro-Industrial Processing Zones Program (Nigeria SAPZ).
https://x.com/jidesanwoolu/status/1864430880426741865?t=_SeQjwJeVE6Cu00Eil3Peg&s=19


PURPLE LINE:  60km rail designed to run through Redemption Camp, Mowe, Long Bridge, Isheri, Toll Gate, Omole, Ogba, Agege, Iyana Ipaja, Isheri Osun, Igando, Iba, Estate, LASU, Okokomaiko and Ojo.

This is the Plan, For People asking why Ogun State talked about the “Purple Line” in their 2025 Budget, Hope you get it now 😁

https://x.com/Mr_JAGs/status/1864553426916426183?t=_SeQjwJeVE6Cu00Eil3Peg&s=19

23 Likes 3 Shares

simpleseyi: 7:40am On Dec 05, 2024
Lagos, the small annd mighty country inside a big country Nigeria.

71 Likes 2 Shares

bigdammyj: 7:43am On Dec 05, 2024
Noted.
AntiChristian: 7:43am On Dec 05, 2024
cheesy

Sanwo-Eko!

See integration, correlation, extrapolation, interpolation, simulation, competition,....

Èkó òní bajẹ!
Ọmọ Ògún iṣẹ ya!

53 Likes 7 Shares

Onewazobia(m): 7:45am On Dec 05, 2024
A good development

12 Likes 2 Shares

emkz: 7:46am On Dec 05, 2024
Lagos state is embarking on ambitious projects, yet some naysayers say someone has the state in his pocket.

If the other 36 federating units are doing things to advance their states, we won't be here today fighting over tax bill that would benefit other states even more.

What resource does Lagos have?

Some would say it was the former federal capital. What was the state of Lagos when it was a federal capital that made them move it to Abuja?

Those days, you'd see heaps of refuse on road medians. Indiscriminate burning of refuse. Disorganized transportation system. Poor school infrastructure and a consistent lack of any plan.

In 2002, Lagos Metropolitan Area Transport Authority (LAMATA) was set up. We knew who was in power then. The mandate of LAMATA was to reform the transport system in Lagos state. That agency even went as far as hiring transport experts from the UK to run it. 22 years on, no one can boast that LAMATA failed.

When they started dividing the road medians in Lagos, we all complained and wondered why someone would be so senseless to divide our roads when there was transport problems. When the first blue BRT bus rolled in and blared the horns on that corridor, people started leaving their cars at home to enjoy the BRT facility. LAGBUS also started running and the transportation landscape in Lagos changed.

In 2006, Lagos State Signage and ment Agency (LASAA) was founded. The mandate was simple: regulate outdoor advertizing in Lagos. You see those backlit billboards in Lagos? LASAA gets a lot of money. If you go to Times Square in New York City, you'd find such lighted billboards. We know who was in charge of Lagos when it was set up.

The first medical emergency service in Nigeria, Lagos State Ambulance Service (LASAMBUS), was founded in 2001. Who was in power then?

Lagos State Waste Management Authority (LAWMA) properly started addressing waste management in Lagos state during someone's istration. They employed thousands.

One could go on and on. The point is to remind the young ones who do not know the history of how Lagos evolved, but want to rewrite it from their reservoir of ignorance and hate. The question is whether Lagos had the natural resources then. They had the natural resource every country needs: brains.

The Lagos success is a case of visioning and planning.

Therefore, other states need to do something. Gather yourselves, including the opposition, and come up with a development agenda for your state for 20 years. Irrespective of who comes into power, FOLLOW the template. Put the people first. Government is to cater for the people. Look at the lofty things Donald Duke did for his people and how his vision was not continued. Today, Calabar would have been the destination for international holiday makers and fun seekers.

Well done Lagos state.

Eko o ni baje o.

78 Likes 10 Shares

proff010: 7:47am On Dec 05, 2024
Lagos is investing now but bitter people will say they develop it or because it was former capital of Nigeria. More VAT will be generated now and some redundant and insecure states will want to take larger share. Lagos our home. Eko o ni baje.

31 Likes 5 Shares

vyncentino(m): 7:47am On Dec 05, 2024
Am just curious am been hearing railway line since 2015 in Lagos,them never still do am, with all the IGR in Lagos state, was supposed to be like Dubai

1 Like 3 Shares

Promise47(m): 7:47am On Dec 05, 2024
Sanw olu is trying as Lagos governor through I'm not a Lagosian or living in Lagos but I can see his work that place the investment is going on is Morocco

4 Likes 2 Shares

Realmi: 7:48am On Dec 05, 2024
Purple kwa

2 Likes

achymmania: 7:49am On Dec 05, 2024
Abeg I wan ask if purple dey inside rainbow color. Make he no be say Dem dey use style all these gay community. I don dey hear blue red and yellow line, which one be purple again. Can't they just find another concept to identify the rail lines??

1 Like

casualobserver: 7:49am On Dec 05, 2024
Good

2 Likes

anonimi: 7:50am On Dec 05, 2024

55 Likes 2 Shares

bigboluet(m): 7:51am On Dec 05, 2024
vyncentino:
Am just curious am been hearing railway line since 2015 in Lagos,them never still do am, with all the IGR in Lagos state, was supposed to be like Dubai

Dem never do what? Do your findings before commenting

16 Likes 1 Share

RecentHistory: 7:51am On Dec 05, 2024
vyncentino:
Am just curious am been hearing railway line since 2015 in Lagos,them never still do am, with all the IGR in Lagos state, was supposed to be like Dubai

The worst type of poverty is the inability to pay attention.

Between 2015 and now, Lagos has completed the Red line rail system and the Blue line rail system.

33 Likes 1 Share

Odingo1: 7:52am On Dec 05, 2024
Nigeria should be regionalised so that other states can also develop like Lagos. As it stands now in Nigeria, Lagos is taking other states resources, Lagos have oil headquarters that belong to other states, have seaports and international airports and block others from having through federal might. Bank headquarters in Lagos. All VAT paid to Lagos.

For some Yorubas this is right because it benefit them, that is why Nigeria is not working. Let’s every state and regions be given equal opportunity to thrive not only one state taken it all.

3 Likes

PRINCESSFCFANSs: 7:53am On Dec 05, 2024
OK
Good

will you for the sake of our role model Princess FaithChukwu
gr8ofnnetwork(m): 7:54am On Dec 05, 2024
vyncentino:
Am just curious am been hearing railway line since 2015 in Lagos,them never still do am, with all the IGR in Lagos state, was supposed to be like Dubai

Shame on you. You are blessed with biles and bigotry. Your nicked name supposed to be setback or negativity because good news makes you unease. I pray Dr Olukoya offers you a deliverance session soon

16 Likes 1 Share

michaellovaldo(m): 7:54am On Dec 05, 2024
Nice development

3 Likes

gr8ofnnetwork(m): 7:54am On Dec 05, 2024
Good job Sanwolu. More grace to do more

4 Likes

CodeTemplarr: 7:55am On Dec 05, 2024
Inflated or at a reasonable cost?
helinues: 7:55am On Dec 05, 2024
Good

1 Like

helinues: 7:56am On Dec 05, 2024
CodeTemplarr:
Inflated or at a reasonable cost?

That's none of your business

Una own governors for your region are just there like a tree yet you guys won't question them but want to be questioning those who are doing something

45 Likes

Samtob90(m): 7:57am On Dec 05, 2024
vyncentino:
Am just curious am been hearing railway line since 2015 in Lagos,them never still do am, with all the IGR in Lagos state, was supposed to be like Dubai
How much do you need to travel to Lagos and back, I will sponsor it so that you can see it for the first time

12 Likes

UnstableFC: 7:57am On Dec 05, 2024
helinues:


That's none of your business

Una own governors for your region are just there like a tree yet you guys won't question them but want to be questioning those who are doing something

Talk responsible

Gosh

2 Likes

helinues: 7:58am On Dec 05, 2024
UnstableFC:


Talk responsible

Gosh

Don't gosh, hit that your head on something solid so that you can just stop the years of senseless trolling on this forum.

Good riddance things

10 Likes 2 Shares

UnstableFC: 7:59am On Dec 05, 2024
helinues:


Don't gosh, hit that your head on something solid so that you can just stop the years of senseless trolling on this forum.

Good riddance things

I have triggered your psychosis?

1 Like 1 Share

quadraheem(m): 7:59am On Dec 05, 2024
The northern leaders are really missing a lot. The time to wake up from their slumber is now.

5 Likes 1 Share

Lanretoye(m): 8:05am On Dec 05, 2024
Since some people call Lagos slum,let’s just say slum present investment strategy…whereas their children even at 10years old have not seen a moving train before except on TV.let Lagos keep developing slum while they keep developing cemetery.
Eko o ni baje o.

11 Likes 2 Shares

princeade86(m): 8:05am On Dec 05, 2024
Redline,blue line, purple line, indigo line,green line and white line

4 Likes

(1) Reply)

Naira Gains While DSS Still Detaining Mr Gbadamosi Who Exposed The Govt Fx Fraud

(Go Up)

Sections: How To . 37
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.