A Lagos based transport firm, Eko Rail has purchased 255 light rail trains from Toronto Transit Commission. This bold move could be the solution to the severe traffic congestion that has plagued the city of Lagos for over 3 decades.
Naijan.com sources state that Governor of Lagos State, Babatunde Fashola approved the plan after inspecting the trains on his last trip to Toronto, Ontario, Canada in May 2011.
The funding for the project was provided by Investec Plc, a popular finance firm who has efficiently aided well over 25 rail projects worldwide. Eko Rail is expected to invest around $450 million to construct the Lagos Blue Line.
Governor Babatunde Fashola’s intention to bring Light Rail services to Lagos is similar to what Ex-Governor Lateef Jakande attempted to do in the 1980’s when he tried to introduce tram services to Lagos state. The project wasn’t successful.