• 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
thenacre-campaign

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-social-1

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.

adron lemon friday

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

TCN
Business

TCN announces power outage after three towers collapse in Nasarawa

by Victory Emmanuel
October 8, 2026
Keystone Bank internet banking 1 2
Business

‘Alleviating financial burden’ Over 200 pupils school, WAEC, BECE tuition paid by Keystone Bank workers

by Rtn. Victor Ojelabi
February 22, 2022
WhatsApp Image 2022 01 13 at 4.56.58 PM scaled
Business

‘Banking solutions’ Union Bank set to offer WhatsApp banking in seven languages to customers

by Rtn. Victor Ojelabi
February 4, 2022
"Buy me out", Dangote offers to sell refinery to NNPC
Business

“Buy me out”, Dangote offers to sell refinery to NNPC

by Quadri Olaitan
July 23, 2024
breaking news
Business

‘Despite threats…’ World Bank approves $3bn for Nigeria

by Freelanews
December 15, 2020

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Sokoto government

Sokoto government pledges stronger security partnerships

November 3, 2026
Rotary

Why Nigeria needs Rotary’s peace summit

November 3, 2026
UNESCO raises

UNESCO raises alarm as journalist killings go unpunished

November 3, 2026
subsidy

Ondo ADC candidate backs fuel subsidy relief

November 3, 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
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
Australia

Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

April 24, 2026
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
Sokoto government

Sokoto government pledges stronger security partnerships

November 3, 2026
Rotary

Why Nigeria needs Rotary’s peace summit

November 3, 2026
UNESCO raises

UNESCO raises alarm as journalist killings go unpunished

November 3, 2026
subsidy

Ondo ADC candidate backs fuel subsidy relief

November 3, 2026
ADVERTISEMENT
November 2026
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
2930 
« Oct    
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

  • Rotarian Victor Ojelabi

    Who is Rotarian Victor Ojelabi?

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0

Just Published!

Sokoto government

Sokoto government pledges stronger security partnerships

November 3, 2026
Rotary

Why Nigeria needs Rotary’s peace summit

November 3, 2026
UNESCO raises

UNESCO raises alarm as journalist killings go unpunished

November 3, 2026
subsidy

Ondo ADC candidate backs fuel subsidy relief

November 3, 2026
UI gets new vice-chancellor

UI gets new vice-chancellor, Olapegba unveils reform agenda

November 3, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 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

© 2026 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.