Business is booming.

Lagos landlords put houses for sale over Red line

The 37km North-South rail project tagged the Lagos Rail Mass Transit (LRMT) Red Line is expected to cut through Ebute-Meta to Agbado in Ogun State, moving more than one million passengers on a daily trip. TOLA ADENUBI reports that with the impeding demolition of buildings just a month away, some affected property owners have started putting up their houses for sale, among other panicky decisions.
The first phase of the Lagos Rail Mass Transit (LRMT) popularly called the Red Line is expected to run through Oyingbo to Agbado in Ogun State, cutting through residential and office buildings in Mushin, Yaba, Ikeja and other densely-populated locations in Lagos State.
In a bid to reduce the impact of the demolition (which is just a month away) of structures along the right of way of the Red Line, the Lagos State Government through the Lagos Metropolitan Area Transport Authority (LAMATA), engaged two consulting firms, Nolasimbo Consulting Engineers and Partners Limited, and Global Impact Environmental Consulting Limited to identify Project Affected Persons (PAP). Tribune

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