Our Vision: Building a Sustainable Future for Lagos.
Empowering Transportation: FMIL's Role as the Concessionaire for the Red Line Metro Service
As the preferred concessionaire of the Red Line Project in Lagos State, FMIL is an end-to-end railway value creation company committed to developing world-class railway infrastructure solutions for the people of Lagos. Our unwavering commitment to delivering safe, timely, and cost-effective projects is driven by our passion for driving progress and transforming transportation in the region.
We understand that Lagos is a rapidly growing and bustling city with unique infrastructure challenges. That’s why we take a collaborative approach to infrastructure development, engaging with stakeholders to deliver bespoke solutions that address the challenges of developing infrastructure in a bustling and growing city. Our team is made up of experienced professionals who are dedicated to developing innovative solutions that meet the unique needs of Lagos.
Our turnkey approach to infrastructure development ensures that we control all critical infrastructure, including power, signaling, stabling, repair, and maintenance facilities. This approach ensures that we meet our core project and operational objectives while delivering projects of the highest quality standards. With a proven track record of successful infrastructure development projects in Lagos and beyond, we have the expertise, knowledge, and experience to deliver world-class railway infrastructure solutions that empower local communities and drive economic and social progress.
As a socially responsible company, we are committed to creating value for our stakeholders by driving sustainable development that benefits everyone. Our holistic approach to infrastructure development ensures that we engage and empower local communities, creating opportunities for employment and economic growth. At FMIL, we believe that infrastructure development is more than just building things – it’s about building a better future for Lagos and its people.
FMIL will relentlessly employ innovative and adaptive operational models with dedicated skill team to create a safe, reliable, convenient, and affordable commuter metro rail service that avails the best view and experience of Lagos with positive impact on the economy for all stakeholders
Our core values
Integrity
This is our greatest asset as we render our services with total honesty, diligence, equality, fairness, discipline and respect for our customers, staff, and stakeholders FMIL operates consistently in accordance with a strong set of moral values whilst following applicable ethical guidelines
Innovation
We encourage the birth of new and witty ideas Our goal is to ‘’constantly create value” Using technology, we analyze, project, and execute these ideas to meet he needs and bridge the infrastructural gaps in Lagos whilst maintaining an efficient and agile organization
Service excellence
FMIL is driven by Excellence All services to our customers, stakeholders, staff, and the state at large excellently We give no room for mediocrity We are therefore always researching and implementing better ways to ensure that we do not drop the ball on serving excellently
Customer focus
At FMIL, we prioritize the safety and convenience of railway transportation for our customers. We encourage collaboration and feedback from our customers to improve our services. Our business model is dedicated to enhancing customer satisfaction and building stronger relationships.
Sustainability
FMIL is certainly a going concern, hence our business is modelled to create long term values by taking into consideration how our operations impact positively on the environmental, social, and good governance of Lagos
Team Spirit
We facilitate socio-economic growth by integrating railway expansions with property development, resulting in financially self-reliant public transit systems and sustainable urban growth.
Our History
2018
Engagements with LAMATA
FMIL held several engagements with the Lagos Metropolitan Area Transport Authority (LAMATA), visiting and making presentations to the Lagos State government. We also made a series of documentary submissions, queries, and reviews to establish technical capacity and depth for development alongside the required operational experience, financial feasibility and capacity.
2019
Winner of tendering process
FMIL emerged as concessionaire for the Lagos Red Line railway project in December 2019 following a tender process.
2022
Secured an $11.2bn credit line from Standard Chartered Bank
FMIL in collaboration with Yapi Merkezi secured an US$11.2 billion credit line at 2.6% per annum from Standard Chartered Bank, London to finance the Lagos – Calabar Coastal Rail project for the Federal Ministry of Transport.
2022
Technical and operational training
The FMIL core team undergo technical and operational trainings at Istanbul with operation partner, Metro Istanbul, in preparation for the Lagos Red Line operations.
We work with partners across the globe.
