Business
Governor Babajide Sanwo-Olu lunches ferry service in Lagos
Peace Gabriel
Lagos State Governor Babajide Sanwo-Olu on Tuesday launched eight newly acquired speed boats at Badore Ferry Terminal in Eti-Osa Local Government Area. This was disclosed in a statement by the state government to mark the commencement of commercial operations in waterways transportation which will be operated by the Lagos Ferry Services (LAGFERRY). The statement signed by the Chief Press Secretary to the governor, Gboyega Akosile added that the design and fabrication of the new boats were worked out by two local boat manufacturers.

The Governor also launched a mobile application designed to facilitate easy access to water transportation services. Sanwo-Olu described the launch as a “great leap” in his administration’s strategy adding that this will rid Lagos roads gridlock and congestion. “The narrative of transportation in Lagos is about to change for good, as we are set to take full advantage of the water bodies to decongest our roads and substantially reduce travel time for commuters”. Today, we are launching eight units of additional ferries to complement the existing six ferries in the fleet of Lagos Ferry Service. It is glaring that for Lagos to be a functional smart city that we desire, there must be diversification of the mode of transportation. There must be interconnectivity of the rail, road, and water transportation systems.”
The Governor observed that the commencement of commercial operations on waterways would promote healthy living and restore the aesthetics of the environment through the reduction of carbon emission. He called on private investors to move in and harness opportunities in the value chain, noting that the Government had solved the teething problems associated with the mode of transportation and infrastructure. The Governor added that the State would drive full compliance on measures put in place to ensure the safety of commuters using the waterways, adding that the Lagos State Waterways Authority (LASWA) was being strengthened to effectively discharge its monitoring and regulatory duties in line with best practice. Sanwo-Olu also promised that modern jetties would also be built in Badagry, Lekki, and Ajegunle, pledging that the one being built in Ijegun would be completed.
-
Economy2 days agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance2 days agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
News2 days agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime2 days agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
Oil and Gas2 days agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Economy2 days agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
Oil and Gas24 hours agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News23 hours agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
