RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Blue Line Rail Launch in Lagos Sparks Concerns Over High N750 Fare

Stephen Akudike by Stephen Akudike
September 11, 2023
in Economy
Reading Time: 2 mins read
A A
0
Blue Line Rail Launch in Lagos Sparks Concerns Over High N750 Fare
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The upcoming launch of the Blue Line rail system in Lagos has sparked mixed reactions among citizens due to its steep cost of N750 per trip. Abimbola Akinajo, the Managing Director of the Lagos Metropolitan Transport Authority (LAMATA), announced that the rail system is set to commence operations on September 4, 2023. However, the high fare has raised concerns about affordability and accessibility for the citizens.

During a media briefing at the Marina terminal, Akinajo revealed that despite the substantial fare, the government’s 50 percent fare reduction, which applies to all government-owned transportation, will also be extended to the Blue rail line. This move is an attempt to mitigate the impact of the high cost on commuters.

AlsoRead

Nigeria’s External Debt Projected to Reach $72.6 Billion by 2027 – IMF

NGX Gains 0.53% as Airtel Africa and First Holdco Lead Market Rally

Nigeria’s Crude Oil Exports Climb to N11.2 Trillion in First Quarter of 2026

The Blue Line rail project, commissioned in January 2023 by former President Muhammadu Buhari, aims to provide a 27-kilometer rail route from Okokomaiko to Mile 2 and Marina via Ijora. However, only the phase one covering 13 kilometers from Marina to Mile 2 is ready, with five stations strategically placed along the route.

Although the project was initially expected to commence commercial operations by the end of the first quarter of 2023, delays were experienced due to unforeseen challenges. Akinajo admitted, “We faced challenges in meeting that timeline, despite promising an August launch.”

The Blue Line rail service will operate during both morning and evening phases, operating between 6:30 am and 10:30 pm. A fixed timetable for the train stations will be provided for commuters’ convenience, available at all stations and on the LAMATA website. Akinajo emphasized the adherence to safety protocols, including the prohibition of food and drinks onboard to ensure a safe commuting experience.

Nigerians Reacts:

The high cost of N750 per trip has triggered reactions among Nigerians, with concerns raised about the affordability of the rail service for the general public. The introduction of the Blue Line rail service is expected to offer enhanced transportation options and reduce congestion in Lagos, a city known for its traffic challenges. However, its success and acceptance could hinge on the government’s responsiveness to citizens’ concerns about the fare and its impact on their daily lives.

Ola Rasheed, a trader in Lagos, told Ratecaptain that the rail project is supposed to cease the cost of transportation but it has done otherwise, N750 per trip is outrageous and it is only the rich that can afford that .

Yetunde, a Lagos state worker said she is disappointed to hear the news, she normally enters Mile 2 to Marine at the price of N300 per trip in public buses(Danfo) and the government that is supposed to subsidize the price is putting theirs above the normal price.

Godspower, who has a shop at Idumota also told RateCaptain that he knew that it was a means to extort more money from the masses, and it totally shows that the government does not have the interest of the public at heart.

Speaking to a development economic analyst, Stephen Akudike, in his words ” The price should be reviewed, the development should act as a palliative for the fuel subsidy removal and also provide the citizen to ease the economic tension in terms of transportation cost. The T-fare should be at the lowest price that can be afforded by all income level, not creating disparities of people who can enjoy this service. As inflation hits 24.08, the government should be regulating prices not adding to the burden of the people” he concluded.

 

Tags: Blue Line railcommuter reactionsfare reductionLagos Metropolitan Transport AuthorityLagos transportationLAMATANigeria infrastructurepublic transportationrail systemtransportation accessibilitytransportation costurban transportation
Previous Post

First Bank, Ecobank, 4 Others Generate N891bn from Loan to Customers in H1 of 2023

Next Post

Nigerian Stock Market Reaches 15-Year High, Banking Stocks Drive Surge

Related News

IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

Nigeria’s External Debt Projected to Reach $72.6 Billion by 2027 – IMF

by Jide Omodele
June 10, 2026
0

The International Monetary Fund (IMF) has projected that Nigeria’s public external debt will rise sharply to $72.6 billion by 2027,...

Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.

NGX Gains 0.53% as Airtel Africa and First Holdco Lead Market Rally

by Jide Omodele
June 10, 2026
0

The Nigerian equities market extended its positive performance on Tuesday, closing higher by 0.53% amid renewed buying interest in major...

Oil Prices Reach $90 Following Supply Reduction by Saudi Arabia and Russia.

Nigeria’s Crude Oil Exports Climb to N11.2 Trillion in First Quarter of 2026

by Akpan Edidong
June 9, 2026
0

Nigeria recorded crude oil exports worth N11.20 trillion in the first quarter of 2026, reinforcing oil’s position as the country’s...

Ex President Trump Makes Resounding Return to Twitter, Now Rebranded as X

Nigerians Spend Over N50 Billion on US Visas in Two Years as Approval Rate Drops 23%

by Victoria Attah
June 9, 2026
0

Nigerians paid more than N50 billion in application fees for United States visas between 2023 and 2024, even as the...

Next Post
Nigerian Stock Market Reaches 15-Year High, Banking Stocks Drive Surge

Nigerian Stock Market Reaches 15-Year High, Banking Stocks Drive Surge

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Naira appreciated to N738/$ in the Parallel Market

Naira Holds Steady at N1,361/$ as Dollar Gains Support from Robust US Jobs Data

June 10, 2026
IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

Nigeria’s External Debt Projected to Reach $72.6 Billion by 2027 – IMF

June 10, 2026

Popular Story

  • Naira appreciated to N738/$ in the Parallel Market

    Naira Holds Steady at N1,361/$ as Dollar Gains Support from Robust US Jobs Data

    0 shares
    Share 0 Tweet 0
  • WhatsApp to End Support for Older iOS Devices from November 2026

    0 shares
    Share 0 Tweet 0
  • Nigeria’s External Debt Projected to Reach $72.6 Billion by 2027 – IMF

    0 shares
    Share 0 Tweet 0
  • NGX Gains 0.53% as Airtel Africa and First Holdco Lead Market Rally

    0 shares
    Share 0 Tweet 0
  • CBN Limits Mobile Banking Apps to One Device in New Security Push for Instant Payments

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>