Akinwunmi Ambode, governor of Lagos State, has commended Sterling Bank Plc for its support towards the development of the transportation sector in the state through the financing of 434 new buses under the Bus Rapid Transit, BRT, scheme. The high-capacity air-conditioned buses are expected to convey over 400,000 passengers daily on the Ikorodu-CMS via Mile 12 route.

Ambode made the commendation at the commissioning of the buses and launch of the extension of the high capacity buses’ operation from Mile 12 to Ikorodu witnessed by Asiwaju Ahmed Tinubu, former governor of Lagos state and Rauf Aregbesola, governor of Osun State, in Ikorodu.

The governor who used the event to restate the commitment of his administration to delivering the dividends of democracy to the good people of Lagos State assured that his government would continue to initiate policies and programs to accelerate the development of the state. He noted that steps taken by Sterling Bank have further confirmed the need for public-private partnership for viable economic growth and development in the country.

Yemi Adeola, managing director and chief executive of Sterling Bank Plc, expressed the bank’s appreciation for the opportunity afforded it by the Lagos State government to contribute its quota to the economic agenda of the government especially in the transport sector.