The Lagos State Governo Babajide Sanwo-Olu has commissioned seven additional state-of-the-art boats built by local builders for use by residents of the state.
He also launched the Cowry Card for enhanced water transportation operations within Lagos State’s Intermodal Transport System.
Sanwo-Olu, who was represented at the launch by his deputy, Quadri Hamzat, said the procurement of the boats was in fulfillment of
our promise to double the number of boats in the fleet of LAGFERRY within the shortest time and increase its capacity to daily transport more Lagosians to reduce traffic congestion Lagos roads.
He said: “In the last one year, LAGFERRY has moved over 500,000 passengers across our waterways, including the Super Eagles who were successfully ferried to and from Benin Republic for their AFCON qualifying match.”
Sanwo-Olu urged the organized
private sector to invest in water transportation, as, according to him, the economic potential is limitless.
He assured that his administration would continue to support private sector participation in water transportation by putting in place the most appropriate regulatory framework for high returns on investment.
He explained that the launch of the Cowry Card for water transportation “is to
create a seamless payment scheme for our Multimodal Transportation System, which I am happy to note, is gradually taking shape as we have commenced the integration of our rail lines, bus terminals and waterways.”
Managing Director, LAGFERRY, Abdoulbaq Balogun, acommended the governor for fulfilling the promise made last year during the launch of LAGFERRY operation and commissioning of eight boats.
He said: “Today, we have in our fleet 20 boats, including one barge and one utility boat.”
Balogun said the Sanwo-Olu administration is deepening the usage of water transportation by Lagos residents and Corporate Lagos with the procurement and activation of MF Mobolaji Johnson, MF Lateef Jakande, MF Bola Tinubu, among others.
467300cookie-checkSanwo-Olu Launches New Boats
