According to report reaching oyogist.com, the Lagos State Debt Management Office (DMO) today, inspected the ongoing Blue Line Light Rail project, to ascertain the level of progress in preparation for the Securities and Exchange Commission (SEC) visit.
This project is been funded with N87.5 Billion Bond series obtained by the government.
The Inspection team was led by the Permanent Secretary, Debt Management Office, Mr Olujimi Ige, where he expressed satisfaction with the level of work done on the rail project.
He said “The Light Rail project, expected to run from Badagry to Marina, will have several platforms for passengers to buy tickets, embark and disembark from the platform.”
“According to the Engineers handling the project, the Mile-2 to the National Theatre section, which is Phase II and III is 98% completed, while Phase IV is from the National Theatre to Marina.”
He explained further that “Some areas of the project platform are elevated (Iganmu to Marina), while some are on ground in the middle of the Lagos-Badagry Expressway.”
“The Engineers also stated that four stations have been completed, as well as other elements which include the tracks works, while work is still ongoing on the phase IV bridge works.”
The Blue Rail project is expected to improve connectivity between Badagry and Lagos in a more efficient way and less travel time.