The Lagos State Authorities plans to introduce electric-powered boats into the Lagos Ferry Providers (LAGFERRY) fleet inside the 12 months to scale back fares for commuters.
The Managing Director of LAGFERRY, Hon. Abdoulbaq Ladi-Balogun, disclosed this in an announcement on the Lagos State Authorities’s X account on Wednesday.
The initiative additionally targets inexpensive, sustainable, and eco-friendly water transport. It would assist sort out rising transport prices and site visitors congestion.
What the Lagos State Authorities is saying
Balogun stated electrical vessels have decrease working and upkeep prices. This permits LAGFERRY to scale back fares for passengers.
He added that the initiative is each environmentally accountable and economically essential.
“The Lagos State Authorities (LASG) plans to introduce electric-powered boats into the Lagos Ferry Providers (LAGFERRY) fleet inside the 12 months, as a part of its dedication to offering inexpensive, sustainable, and environmentally pleasant public transportation,” the assertion learn partly.
Extra insights
The LAGFERRY Managing Director additional famous that water transport is gaining reputation amongst Lagos residents.
Since February 4, 2020, LAGFERRY has ferried 4.4 million passengers. Balogun known as this development the “Watermania Life-style,” the place commuters go away their automobiles at jetties and journey by boat.
In the course of the 2025 Detty December interval, he revealed that LAGFERRY recorded a tenfold improve in journeys. Residents used the waterways to succeed in seashore homes and coastal resorts.
What you must know
The plans for LAGFERRY to introduce electrical boats inside the 12 months align with Lagos State’s push for sustainable, electric-powered water transport.
The Omi Eko Undertaking is a €410 million electrical water transport initiative, with growth launched in October 2025, aimed at reworking mobility throughout the Lagos Lagoon.
- The challenge is applied by the Lagos State Waterways Authority (LASWA) and supported by the EU and personal companions, with funding together with a €60 million EU grant, a €130 million mortgage from the French Growth Company (AFD), and a €170 million mortgage from the European Funding Bank (EIB).
- The challenge covers infrastructure and operations: 15 ferry routes, 140 km of dredged channels, 25 terminals, charging stations, 75 electrical vessels, clever ticketing, vessel monitoring, and capability constructing for LASWA.
As soon as accomplished, the initiative is predicted to hold 25 million passengers yearly, cut back street congestion, and supply a protected, electrical, and eco-friendly various for commuters.
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