The recent announcement of the signing of a Memorandum of Understanding (MoU) between the Lagos State Government and the Federal Government to kickstart the 68-kilometre Lagos Green Line rail project has sparked interest and raised questions about the financing model for this ambitious project. You may recall that Governor Babajide Sanwo-Olu held a meeting with possible financiers during the 2024 …

The Lagos State Government, Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) on Thursday signed a Memorandum of Understanding (MoU) for the Green Line Rail Project in Lagos. The MoU, witnessed by Governor Babajide Sanwo-Olu; Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun; Special Adviser to the Governor on Infrastructure, Engr. Olufemi Daramola; …