Categories: News

President Bola Tinubu to Inaugurate Red Line Mass Transit Train on February 29

President Bola Tinubu is slated to inaugurate the long-awaited Red Line Mass Transit Train on February 29, according to the Lagos State Governor, Mr. Babajide Sanwo-Olu.

The disclosure came during the Lagos State Parking Authority (LASPA) Stakeholders’ Forum 2024, held in Lagos.

The Red Line, a pivotal component of the state’s integrated mass transit system, stretches from Agbado in Ogun State to Oyingbo in Lagos Mainland.

The project aims to alleviate the perennial traffic congestion in Lagos, offering commuters a faster and more efficient mode of transportation.

Governor Sanwo-Olu highlighted the state’s commitment to addressing traffic challenges and emphasized the importance of the Lagos State Parking Policy in regulating parking across the metropolis.

The policy established the Lagos State Parking Authority (LASPA), tasked with implementing innovative parking solutions.

He underscored the collaboration between the state government and local authorities, recognizing the strategic partnership with the Association of Local Governments of Nigeria (ALGON) in parking regulation efforts.

The forthcoming inauguration marks a significant milestone in Lagos’ transportation infrastructure, promising improved mobility and reduced commute times for millions of residents.

With President Tinubu set to officiate the event, anticipation is high as the city prepares for this transformative development in its public transportation landscape.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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