BusinessHeadlineNews

Ogun To Extend Lagos Blue Rail Line To Border Towns

The Ogun State government says it will extend the Lagos Blue Rail Line project into the border towns of the state while assuring that it will also improve the infrastructural development of the state.

The State Commissioner of Finance and Economic Adviser to the Governor, Dapo Okubadejo, disclosed this at a media event organised to highlight the state 2024 budget held at the Olusegun Osoba Press Centre, Oke-Mosan, Abeokuta.

Okubadejo, who was joined by some commissioners in the state, said the government will surpass the 2023 budget in terms of implementation.

He said, “2024 is focusing on the provision of infrastructure at the various economic development clusters while extending the Lagos Blue Rail Line Project into Agbara and ensuring the well-extending of the Lagos Red Rail Line Project to Ijoko and Ifo/Kajola in line with the execution of the state’s multi-modal transport plan under the Lagos-Ogun Joint Development Commission initiative.

Okubadejo said the 2024 budget, which is put at N703.03 billion and tagged “The Budget of Sustained Growth and Development,” is made up of N287.37 billion in recurrent and N415.66 billion in capital expenditures.

He explained that N95.05 billion would be used for personnel costs, N27.35 billion as consolidated revenue, and N59.09 billion would go for public debt charges.

On his part, the State Commissioner for Budget and Planning, Olaolu Olabimtan, informed that the yearly budget performance of the state recorded tremendous improvement due to the visionary, exemplary leadership and support of Governor Dapo Abiodun.

Olabimtan said the state economic team was strategic about the the management of debts for survival and development purposes, adding that the present administration would continue to strive towards achieving sectoral global benchmarks.

Also speaking, the State Commissioner for Works and Infrastructure, Ade Akinsanya said the State will work with the Federal Ministry of Works to get the Sango-Owode-Idiroko road and Lagos-Sango-Abeokuta Road reconstructed.

He added that all ongoing road projects across the State, including the Gateway International Airport Road, Ilaro-Owode road, Atan-Lusada-Agbara road, Ijoko-Agbado-Akute-Alagbole road, among others will be completed, while community roads across the 20 local government areas will not be left out.

Share this:

Related Articles

Leave a Reply

Your email address will not be published.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