Today, at the Africa Investment Forum Market Days, I presented our investment strategy for the Purple Rail Line project, The Courage.
The Purple Rail Line is a 60 km electrified rail system that will include 16 stations and seamlessly integrate with existing metro and bus services to enhance connectivity. It is projected to serve over 300,000 passengers daily, significantly reducing greenhouse gas emissions by encouraging a shift from road to rail transportation.
I am pleased to share that we have secured substantial funding commitments, as the Purple Line represents a viable investment opportunity with promising returns. We are excited to move forward with this project.
I also participated in a pre-deal room meeting organized by Dr. Akinwumi Adesina, President of the African Development Bank, regarding the Nigeria Special Agro-Industrial Processing Zones Program (Nigeria SAPZ). PURPLE LINE: 60km rail designed to run through Redemption Camp, Mowe, Long Bridge, Isheri, Toll Gate, Omole, Ogba, Agege, Iyana Ipaja, Isheri Osun, Igando, Iba, Estate, LASU, Okokomaiko and Ojo.
This is the Plan, For People asking why Ogun State talked about the “Purple Line” in their 2025 Budget.
