Lagos State Governor Babajide Sanwo-Olu unveiled the investment strategy for the ambitious Purple Rail Line project during the Africa Investment Forum Market Days, highlighting its transformative potential for transportation and economic development in Nigeria.
The Purple Rail Line, a 60-kilometer electrified rail system, will include 16 stations and integrate seamlessly with existing metro and bus networks. The project is expected to serve over 300,000 passengers daily, easing traffic congestion and reducing greenhouse gas emissions by shifting commuters from road to rail.
Sanwo-Olu announced that substantial funding commitments have already been secured, signaling strong investor confidence in the project’s viability and potential returns. “The Purple Line represents a viable investment opportunity with promising returns. We are excited to move forward with this project,” the governor stated.
The rail line will run through key areas, including Redemption Camp, Mowe, Long Bridge, Isheri, Toll Gate, Omole, Ogba, Agege, Iyana Ipaja, and Ojo, offering enhanced connectivity to Lagosians and residents of neighboring Ogun State. The line also underscores the growing collaboration between Lagos and Ogun States, as reflected in Ogun State’s inclusion of the Purple Line in its 2025 budget.
Governor Sanwo-Olu also participated in discussions on the Nigeria Special Agro-Industrial Processing Zones Program (SAPZ), organized by African Development Bank President Dr. Akinwumi Adesina. The SAPZ initiative aims to drive industrial and agricultural development across the country.
The Purple Rail Line project is poised to be a cornerstone in Lagos’ infrastructure transformation, aligning with the state’s commitment to sustainable urban development and economic growth.