LAGOS METROPOLITAN AREA TRANSPORT AUTHORITY (LAMATA)-
REQUEST FOR PROPOSALS FOR FEASIBILITY STUDY CONSULTANCY SERVICES
LAGOS METROPOLITAN AREA TRANSPORT AUTHORITY (LAMATA)
LAGOS STATE GOVERNMENT
FEDERAL REPUBLIC OF NIGERIA
FEASIBILITY STUDY CONSULTANCY SERVICES
FBN Quest Merchant Bank (“FBNQ MB”) has been appointed as financial adviser by the Lagos State Government (“LASG”) with regards to the procurement process for the Greenfield Railway Lines being planned by the Lagos Metropolitan Area Transport Authority (“LAMATA”) under the Lagos Rail Mass Transit (“LRMT”) network. The LRMT network is a major component of the Lagos Strategic Transport Master Plan (“STMP”) which was developed to guide the development of public transport infrastructure and services in Lagos State. The STMP is a transport plan put together under a series of intensive research, studies and analyses supported by the World-Bank for future transportation demands and needs of Lagos State as Nigeria’s commercial and economic hub and one of the world’s fastest growing mega cities. The railway lines are conceived as a viable alternative to road transportation and major corridors of high commuter traffic demand within and beyond the metropolitan Lagos extending to border areas of Ogun State.
As part of implementation of the STMP, LASG is developing an integrated urban transportation networks that includes four (4) rail lines namely Green, Orange, Yellow and Purple line in support of the long term strategic goals of the state. The aforementioned railway lines are being implemented through LAMATA – the authorized agency of LASG and also funded by LASG.