According to Tribune, the Lagos Metropolitan Area Transport Authority (LAMATA) and Ropeways Transport Limited have signed a 30-year Franchise Agreement to this effect.
Under the terms of the agreement,
Ropeways Transport will this November begin the construction of towers,
stations and connecting network cables along various routes covered in
the first phase of the project, namely, Ijora–Iddo, Iddo–Adeniji,
Apapa–Oluwole, Oluwole–Adeniji, Adeniji–Obalende, Obalende–Falomo, and
Falomo–Victoria Island. The project is expected to be fully completed
and commissioned by early 2015.
The Chief Executive Officer of Ropeways Transport Limited, Dapo Olumide told Tribune that “the
Lagos cable car transit system would provide an alternative means of
mass transportation in the city and it will help ease the current
transportation hassles in Lagos and help restore dignity to commuting
because the current situation hampers economic development within the
city and negatively impacts the quality of life of its residents”.
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