Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    December 14, 2025 --- 8:16 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm
    Facebook X (Twitter) Instagram
    Trending
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    • Supreme Court Upholds Maryam Sanda’s Death Verdict
    • Governor Fubara, House of Assembly Reignite Old Rivalry
    • South-South Governors, PDP Mourn Bayelsa Deputy Gov’s Death
    • Akwa Ibom Court Sentences Four to Death for Kidnapping, Maiming
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»News»Buhari unveils Trillion Naira worth projects in Lagos
    News

    Buhari unveils Trillion Naira worth projects in Lagos

    straightnewsng.comBy straightnewsng.comJanuary 25, 2023 --- 1:12 amNo Comments6 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    President Muhammadu Buhari inaugurates $1.5 billion Lekki Seaport - straightnews
    President Muhammadu Buhari inaugurates $1.5 billion Lekki Seaport
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    First-term Lagos Governor, Babajide Sanwo-Olu hit the ground running by executing a trillion Naira signature projects inaugurated by President Muhammadu Buhari during his two-day visit to the state.

    Lekki Seaport and the first phase of Lagos Mass Transit Blue Line Rail Project were among major projects inaugurated on Monday and Tuesday.

    The Blue Line is one of the six metro lines identified in the Lagos Rail Mass Transit (LRMT) master plan.

    Also read: Buhari Okays N21.8trn 2023 Appropriation Act

    The first phase is a 13-kilometre stretch from Marina to Mile 2 and has five stations — the Marina Iconic station; National Theatre; Orile-Iganmu; Suru-Alaba and Mile 2.

    It is a 27 kilometres rail route that will run from Marina to Okokomaiko, when completed, and is being implemented in two phases.

    Buhari arrived at the Marina Iconic Station at 11.25 a.m., in company of Governor Babajide Sanwo-Olu of Lagos State.

    He also witnessed the signing of the contract for the construction of the Second Phase of the Lagos Mass Transit Blue Line Rail.

    The President took a ride on the train with Governor Sanwo-Olu, Deputy Gov. Dr Obafemi Hamzat and other dignitaries.

    Giving his remarks at the inauguration, Gov. Sanwo-Olu said that the Phase 1 of the Blue Line was expected to cover the stretch in less than 15 minutes, compared with the rush-hour time of 2.5 hours, if undertaken by road.

    He said that the benefits of the rail line were obvious and unquantifiable, as it was a more efficient transport service that improved the quality of life of Lagos residents.

    The governor said that the project would free up more of the residents’ time, reduce the pressure on the roads, and contribute to Nigeria’s lofty climate action obligations.

    According to him, the Blue Line rail system will be powered end-to-end by high voltage electricity, to be supplied by a dedicated Independent Power Producer (IPP), as well as back-up systems.

    ”What this means is that the operation of this line will leave zero carbon emissions impact on the environment.

    ”This iconic Marina Station that is hosting us today will be the largest and busiest train hub in Africa, with a capacity to process as many as 400 passengers per minute, translating into 24,000 passengers every hour.

    ”When Phase 1 starts running fully, we envisage that it will transport a quarter of a million Lagosians daily, rising to half a million daily when the entire corridor is completed.

    ”Mr President, I thank you for the Federal Government’s support on this project and many others.

    “You have made our work administering Lagos much easier in many ways, and we will eternally be grateful to you for this,” he said.

    In his welcome address, the Deputy Governor Hamzat, said that the state government’s transportation strategy was multimodal.

    He said it brought together the various elements of road, rail and water in a seamless manner that made commuting an interesting experience.

    Hamzat said that the rail project would help to reduce the pressure on the roads, enhance the economic wellbeing of Lagos residents and put Lagos State on the same pedestal as others of its stature.

    He appreciated the residents for bearing with the government, in the face of all the inconveniences thrown up by the implementation of the project.

    In his goodwill message, the Chinese Ambassador to Nigeria, Mr Cui Jianchun, said that the Blue Line rail project was a speed line, which would improve Lagos’ residents energy to do other things.

    Jianchun said that the mass rail would give much energy and reduce time of doing business.

    ”Today we really understand the meaning of time, we need to sustain the usage of time for a greater efficiency.

    ”Nigeria and China have harmony in collaboration in sustainable development, the two countries have the same vision to move the countries forward,” he said.

    The Chinese Ambassador said that Nigeria and China had identified 15 projects to collaborate on. (NAN)(www.nannews.ng)

    Meanwhile, President Buhari officially commissioned the $1.5 billion Lekki Deep Seaport, the 32-metric tons per hour Lagos Rice Mill in Lagos on Monday.

    By its size and depth, the Lekki Deep Seaport is expected to be the game changer in West and Central Africa.

    The seaport’s turning circle is 600 meters, which is enough for a vessel of up to 16,000 standard containers (TEU). The approach channel is 11 km long.

    The chairman of Lekki Port, Mr Biodun Dabiri, had earlier said “From what I can see, in the next four to five years, the economy of the Lekki environs would be worth $25 billion which translates to N10 trillion – an investment amount almost similar to the whole budget of Nigeria.

    “I can tell you that if we focus on this axis alone, the ranking of Lagos as one of the largest economies in Africa would be better; we could move from the 4th to 3rd, 2nd and eventually Number 1.”

    The Lekki Deep Seaport made history last year as it received the first-ever vessel (Zhen Hua 28) to berth at the port.

    The port has three terminals: the container terminal, the liquid terminal, and the dry bulk terminal.

    According to the promoters, the container terminal has an initial draft of 14 metres, with the potential for further dredging to 16.5 metres. The terminal is able to handle 2.5 million 20-foot standard containers per year.

    The deep-sea port of Lekki is the first port in Nigeria with ship-to-shore cranes. It has three of these container gantry cranes; they belong to the “Super-post-Panamax” group – this means that they can reach and unload the rearmost row of containers even if the container ship is wider than the Panama Canal (49m or 160ft maximum boat beam).

    The STS cranes have a fixed rail at the quayside. They can lift 65 tons in twin-lift mode, 50 tons in single-lift mode or 85 tons under a hook.

    The port’s computerised system will allow container identification and clearance from the office, and human interaction will be minimal in the physical operations.

    When phase 2 is completed, the deep sea port will have three liquid berths. The liquid cargo terminal will handle vessels up to 45,000 DWT (dead weight tonnage) and can expand to reach a capacity of 160,000 DWT.

    Liquids (like petrol or diesel) will be handled at a tank farm near the port. The docking area is equipped with loading arms. It is also connected by pipelines along the breakwater.

    The bulk terminal with an available quay length of 300m can accommodate a Panamax class vessel (75,000 DWT).

    Other inaugurated projects were the 18.75km six-lane rigid-pavement Eleko Junction to Epe Expressway; the John Randle Centre for Yoruba Culture and History; and the MRS Lubricant Factory in Apapa

     

     

    Deputy Gov. Dr Obafemi Hamzat First-term Lagos State Governor Babajide Sanwo-Olu Lagos Mass Transit Blue Line Rail Project Lekki Seaport Marina Iconic station; National Theatre; Orile-Iganmu; Suru-Alaba Mile 2 Okokomaiko President Muhammadu Buhari(PMB)
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm

    How an Akwa Ibom Keke Operator who Returned Gospel Singer’s Lost Bag smiles to Bank

    December 12, 2025 --- 1:01 am

    Tinubu, Barau, Eno and Idem Felicitate Akpabio at 63

    December 9, 2025 --- 6:10 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Civil Service

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    By straightnewsng.comDecember 14, 2025 --- 8:16 pm0

    Ebonyi State Governor Francis Nwifuru has announced a Christmas bonus of ₦150,000 to every civil…

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm

    Lawyer Faults Cross River LG Chairman’s Resignation

    December 12, 2025 --- 11:02 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    • Supreme Court Upholds Maryam Sanda’s Death Verdict
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2025 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.