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Lagos To Launch 2,000 CNG-powered High-capacity Buses For Mass Transit Next Year
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Lagos State Government to launch 2,000 CNG-powered high-capacity buses for Mass Transit next year.
Governor Sanwo-Olu said the buses will run on CNG, along with 5,000 new cars to be provided as taxis.
Adds that LASG has secured a $400 million World Bank facility to expand the mode of water transportation.
The Lagos State Government has disclosed the plans to deploy 2,000 CNG-powered high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year.
Governor Babajide Sanwo-Olu made the revelation at the Lagos Investment Roundtable organised by the State Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), as a Pre-event to the African Social Impact Summit (ASIS) in Lagos on Wednesday.
According to the Governor, the buses will run on Compressed Natural Gas, along with 5,000 new cars to be provided as taxis through a partnership with a car manufacturer, in line with the climate-compliant smart city initiative of the State.
His words:
“Our administration has devoted considerable resources to critical infrastructure across transportation, health, agriculture, road and others, but our doors are not closed yet to interested investors to partner with the State”.
“For instance, we noted that about 90 per cent of transportation in the State is still done through roads. This should not be the best way, so there is a need to explore the waterways and other alternatives.
“On waterways, we have established a full Command and Control Centre, with full monitoring capability to ensure safety and timely rescue intervention while we have secured a $400 million World Bank facility to expand that mode of transportation.
“We have also devoted huge resources to rail, but it is not just about what we have done; it is the fact that there are huge opportunities for additional investments, and our prospective investors can adopt the State’s model for exploring the other rail routes in the State”.
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