Work is in the pipeline for a multi-billion naira Hi-Tech Cable light rail transportation project to debut in Nigeria, as passengers will be able to commute between Lagos and Abuja within 45 minutes.
The project will help solve the problems of traffic gridlock within the Lagos metropolis and ensure easy movement of people and goods between the city and the Federal Capital Territory, Abuja.
The fast Cable light rail project will cover the distance between Lagos and Abuja in 45 minutes at an average of 150km per hour but has capacity for 500km per hour.
While speaking at a gathering in Lagos to sensitive members of the public on the project, in Ikeja, Lagos, Southwest Nigeria, the Regional Head of Sky Way Capital, Mr. Samson Arogundade said the fast track Transport system was carefully designed to assist government in alleviating the sufferings of the people in moving from one point to another.
According to him, the company was fully committed, possessed the technical know how and financial capability to deliver the project in no time so long it enjoyed support and cooperation of Lagos and Federal Governments.
On his part, a member of Board of the company, Vladimir Maslov disclosed that they were ready to sign an agreement with the Federal and Lagos State Government to signal the take off of the fast track transportation project.
On some of the benefits inherent in the project, Vladimir Maslov said it would reduce the rate at which commuters were exposed to accident on the road, zero tolerance for pollution and maximum security of lives and property of passengers.
Another member of the Sky Way Capital, Frantishek Solar, the group was ready to partner with government, as it had the financial wherewithal to drive the project in Nigeria and that it was just for the government to provide the enabling environment for the project.
Solar stated that the project would help to solve energy problem of Nigeria, as it was pollution-free and would help in greening the environment.
According to him, the project was less accident free, no pollution, have full electricity, would not need land to start and could help in conveying goods from one place to another.
The Nigerian partner for the Project, Ayodele Adewale, said the project would largely assist government’s drive in boosting infrastructures in the country.
According to him, “I believe there is the need for government to provide incentives for the company to move in their equipment because the project after its implementation will be a win-win situation for both parties.
The former council boss, however, said the company was not averse to financial support from government despite having all it takes to actualize the project.
He explained that since it generated its own power, this would provide illumination along its corridor in communities around its routes.
Adewale was also of the view that the project would boost tourism since it would allow Nigerians to have aerial view of beautiful landscape of the country.
He added that the project represented a technology that would complement and optimise a modern transport infrastructure; provide a fast and efficient means of travel via its eco-string technology which is suspended 5-6 meters above the ground.
“The project will provide both metro and cargo systems that is 3-4 times cheaper than the usual railways, and can be constructed in any terrain and in all weather conditions. It will also aid mobility, reducing traffic congestion, easing distribution for industries, reducing cost of production and enhancing global competitiveness.
“The technology generates its own energy which can also be used to power surrounding communities and facilities. It is a technology that has no recourse to government funding except if government decide to get involve but will be supported by private investment, using local resources (steel) and manpower, thus creating employment in the country,” Adewale explained.