Sanwo-Olu to Launch €410 Million “OMI EKO Project” — 78 Electric Ferries to Transform Lagos Water Transport


A new wave of innovation is about to hit Lagos waters as the Lagos State Government, under the leadership of Governor Babajide Sanwo-Olu, prepares to officially launch the OMI EKO Project on October 17, 2025 a groundbreaking initiative set to revolutionize water transportation across the state.

Spearheaded by the Lagos State Waterways Authority (LASWA) and backed by an impressive €410 million funding under the Global Gateway Initiative — supported by the European Union, French Development Agency, and the European Investment Bank — the project promises a cleaner, faster, and smarter transport future for Lagos.

The OMI EKO Project will roll out:

✅ 78 high-capacity electric ferries (50–200 passengers each)

✅ Modern ferry terminals and floating jetties — both upgrades and new constructions

✅ Dredging and route stabilization covering over 140 km across 15 major waterways

✅ Digital ticketing systems and smart terminals for seamless travel

✅ Enhanced safety measures, regulation, and training under LASWA’s supervision

The massive project, to be executed in phases over the next six years, will not only decongest Lagos roads but also position the state as Africa’s model for sustainable urban mobility.

With OMI EKO, Lagos is sailing boldly into the future — electric, efficient, and eco-friendly.

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