• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Omi Eko Project: the future mobility of Lagos city centre

Freelanews by Freelanews
February 13, 2025
in Business
0 0
0
Omi Eko project Lagos
0
SHARES

The Omi Eko project will transform Lagos’ waterways with eco-friendly ferries, modern terminals, and seamless transport integration by 2030

 

[dropcap]T[/dropcap]he Omi Eko project is a visionary initiative aimed at transforming Lagos’ inland waterways into a world-class transportation network and a catalyst for urban and economic development.

Also read: Governor Sanwo-Olu signs Lagos State’s N3.366 trillion 2025 budget into law

Implemented by the Lagos State Government through the Lagos State Waterways Authority (LASWA), the project implementation is now set to commence this year 2025 and run till 2030.

With a total investment cost of EUR 410 million, the project financing is largely via Global Gateway Initiative in which the the French Development Agency (AFD), the European Union (EU), and the European Investment Bank (EIB) joined efforts to support the Lagos State Government by investing a total of EUR 360 million in the project with a counterpart fund of EUR 40 million by the Lagos State government and remaining EUR 10 million from the private sector.

The Omi-Eko project focuses on harnessing the potential of the city’s vast waterways to provide sustainable, efficient, and eco-friendly transportation solutions while driving tourism and community growth.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The project seeks to ameliorate the heavy traffic on Lagos roads by providing a reliable alternative through water transportation and integrating ferry services with existing road and rail networks, the project aims to create a seamless multimodal transportation system.

The initiative includes dredging and navigation of 15 ferry routes, Deployment of 78+ large capacity electric ferries, construction and rehabilitation of 25 ferry terminals with charging stations.

These terminals will feature several modern amenities such as parking facilities, waiting areas, digital payment systems and safety equipment.

The Omi Eko Project deliberately place strong emphasis on protecting Lagos’ waterways and the environment by using eco-friendly ferries with low-emission engines thereby reducing water and environmental pollution.

The project underscores the importance of Public Private Partnership in creating opportunities for local businesses, artisans, and entrepreneurs by stimulating activities along waterfront communities and tourism hubs

Safety is a cornerstone of the project therefore LASWA is enforcing strict safety protocols, conducting public education campaigns, and ensuring that all passengers, boat operators, and stakeholders understand the importance of adhering to safety measures.

A smart ticketing system using the cowry card payment technology is to be adopted to improve passenger convenience and reduce waiting times.

The Omi Eko Project envisions Lagos as a city where the waterways serve as more than a mode of transportation but as a vibrant space for innovation, commerce, and community life.

Also read:  Lagos State targets over 50% food security with Africa’s largest food logistics hub

By connecting communities and reducing the strain on the city’s roads, it aims to set a benchmark for sustainable urban development in Africa.

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Related Posts

TotalEnergies
Business

TotalEnergies sells 10% Renaissance JV stake to Vaaris

by Peculiar Adirika
January 15, 2026
Dangote Refinery
Business

Dangote Group unveils vision 2030 at Kaduna Trade Fair

by Quadri Olaitan
February 17, 2026
Access Bank, AfriGOpay
Business

Boosting Nigeria’s payment ecosystem: Access Bank, AfriGOpay partners

by Quadri Olaitan
March 30, 2023
FG
Business

NIPCO Gas builds 20 new CNG stations in Nigeria

by Quadri Olaitan
March 5, 2026
WhatsApp Image 2021 11 11 at 8.26.18 PM1 1
Sustainability

‘Gifted millions’ Olori Elegushi celebrates birthday with over 2000 indigents, market women

by Freelanews
November 11, 2021

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

WhatsApp Image 2026 06 21 at 8.58.31 AM 1

Inspiring success of Rotary International convention in Taipei

June 21, 2026
Saliba

Saliba admits injury struggle ahead of France-Iraq clash

June 20, 2026
Rotary

Taipei 2026: A historic Rotary Convention and Nigeria’s moment on the global stage

June 20, 2026
Meloni

Meloni slams “senseless” Trump attacks in bitter row

June 20, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
WhatsApp Image 2026 06 21 at 8.58.31 AM 1

Inspiring success of Rotary International convention in Taipei

June 21, 2026
Saliba

Saliba admits injury struggle ahead of France-Iraq clash

June 20, 2026
Rotary

Taipei 2026: A historic Rotary Convention and Nigeria’s moment on the global stage

June 20, 2026
Meloni

Meloni slams “senseless” Trump attacks in bitter row

June 20, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • HKI5jlIXsAEN8G9

    FBI reward for medicare fraud fugitive, Herbert Kimble

    0 shares
    Share 0 Tweet 0
  • Former Ogun Governor’s aide Abidemi Rufai released early from US prison

    0 shares
    Share 0 Tweet 0
  • FUOYE suspends two students over alleged cyberbullying of ex-SUG president

    0 shares
    Share 0 Tweet 0
  • Super Eagles cancel U.S. friendlies to focus on World Cup

    0 shares
    Share 0 Tweet 0

Just Published!

WhatsApp Image 2026 06 21 at 8.58.31 AM 1

Inspiring success of Rotary International convention in Taipei

June 21, 2026
Saliba

Saliba admits injury struggle ahead of France-Iraq clash

June 20, 2026
Rotary

Taipei 2026: A historic Rotary Convention and Nigeria’s moment on the global stage

June 20, 2026
Meloni

Meloni slams “senseless” Trump attacks in bitter row

June 20, 2026
Lagos

Lagos seeks NURTW support to tackle illegal dumping

June 20, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.