Skip to content
July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Rail project: LASG begins paying compensation to 800 affected Ogun residents
  • National News

Rail project: LASG begins paying compensation to 800 affected Ogun residents

Admin July 29, 2022

July 29, 2022

The Lagos State Government has begun payment of compensation to 800 persons affected by the right of way of the 32km Lagos Rail Mass Transit (LRMT) Red line project in Ogun State.

The Managing Director, Lagos State Metropolitans Area Transport Authority (LAMATA), Mrs. Abimbola Akinajo, made this known in a statement issued in Lagos.

Akinajo said that the beneficiaries comprised of both tenants and property owners.

She said the compensation process was carried out jointly by officials of the Land Bureau of the Ogun State Government and the consultant to LAMATA, Messrs Global Impact and Environmental Service witnessed by officials of LAMATA.

Akinaj who was represented by the Technical Adviser, Corporate and Investment Planning, LAMATA, Mr. Osa Konyeha, stressed the importance of the process which she described as one of the outputs of the Lagos Ogun Joint Development Commission.

She said that the commission was set up to ensure seamless development between Lagos and Ogun states especially where there were cross boundary issues.

The LAMATA boss stated that the Lagos state government was developing a number of transport schemes that would impact Ogun state, stating that one of such projects is the Red Line rail project which would have a station and depot in Agbado.

“The Red Line has been forecasted to bring lots of economic and mobility benefits to Agbado and environs and shorten travel time between Agbado and Marina on Lagos Island by more than two hours, especially during the peak period of traffic.

“Lagos and Ogun governments in July 24, signed a Memorandum of Understanding (MoU) granting Lagos access to acquire space for the construction of a train station and depot yard at Agbodo.

“The MoU is a product of several high level meetings between both states for the Red Line rail which is projected to move more than One million passengers daily when fully completed.

“The Red line will also create employment for thousands of people apart from promoting real estate and improving the lifestyle of the people of both states.

“I thanked the government of Ogun State for immense cooperation given Lagos State and its agency, LAMATA to work to beat the deadline for the completion of the railway project’s infrastructure ahead of passenger operation slated for the first quarter of 2023.

“The Red Line is a 25km rail road from Agbado in Ogun state to Marina in Lagos. Its first phase from Agbado to Oyingbo is currently under construction and is due to commence passenger operations in the first quarter of 2023,” Akinajo said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: LAMATA Mr. Osa Konyeha Mrs. Abimbola Akinajo

Post navigation

Previous 2023: LP demands mobilization from members; says Obi’s popularity growing
Next Insecurity: Nigerian Army redeploys senior officers, appoints new PSOs, others

Related Stories

Niger State Probes Suspected Diphtheria Outbreak After Child’s Death
  • National News

Niger State Probes Suspected Diphtheria Outbreak After Child’s Death

July 16, 2026
Appeal Court sets aside judgment nullifying INEC’s 2027 election guidelines Court of Appeal
  • National News

Appeal Court sets aside judgment nullifying INEC’s 2027 election guidelines

July 16, 2026
NCC seeks wholesale fibre market to drive digital economy
  • National News

NCC seeks wholesale fibre market to drive digital economy

July 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Niger State Probes Suspected Diphtheria Outbreak After Child’s Death
  • National News

Niger State Probes Suspected Diphtheria Outbreak After Child’s Death

July 16, 2026
NCC reviews MVNO business rules to deepen competition, expand telecom access
  • Business & Economy

NCC reviews MVNO business rules to deepen competition, expand telecom access

July 16, 2026
28 vessels to arrive Lagos ports with petroleum products, food, others- NPA greater efficiency
  • Business & Economy

28 vessels to arrive Lagos ports with petroleum products, food, others- NPA

July 16, 2026
Appeal Court sets aside judgment nullifying INEC’s 2027 election guidelines Court of Appeal
  • National News

Appeal Court sets aside judgment nullifying INEC’s 2027 election guidelines

July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.