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SANWO-OLU UNVEILS €410M EU-FUNDED OMI-EKO PROJECT TO BOOST WATER TRANSPORT

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•70 hybrid electric ferries, 140km ferry routes, 25 modern terminals  as part of the waterways infrastructure L-R :  Minister for Europe and Foreign Affairs, Mr .  Jean-Noël Barrot;  Governor  of Lagos State , Mr. Babajide Sanwo-Olu  and former Governor of the State and Minister of Works, Mr. Babatunde Fashola, SAN,  during  the official launch of the Lagos State Waterways Authority, LASWA “Omi Eko project” at the Five Cowries Terminal in Falomo, Ikoyi, Lagos,  on  Friday. Governor of Lagos, Mr Babajide Sanwo-Olu, on Friday, formally unveiled the EUR 410 million waterways infrastructure project aimed at developing rapid transportation options that will address Lagosians’ mobility needs. The project, divided into two components, will be implemented by the Lagos State Waterways Authority (LASWA), with the second component expected to be completed by 2030. Lagos secured the funding for the project via the Global Gateway Initiative, th...

Sanwo-Olu, EU Greenlight €410M ‘Omi Eko’ Waterways Project

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🚤 Big News for Lagos: Sanwo-Olu and EU Greenlight €410M ‘Omi Eko’ Waterways Project Lagos is set to make waves—literally!  Governor Babajide Sanwo-Olu has just secured the European Union’s official support for a major infrastructure project that could change how millions of Lagosians move across the city. On Thursday, Governor Sanwo-Olu met with EU Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot, at the State House in Marina to seal plans for the launch of ‘Omi Eko’—a bold €410 million project designed to transform Lagos’ inland waterways into a state-of-the-art transport system. The European Union, EU Ambassador to Nigeria and ECOWAS, Mr. Gautier Mignot (left) with Governor of Lagos State, Mr. Babajide Sanwo-Olu during a courtesy visit at the government house in Marina, Lagos, on Thursday, May 29, 2025.  🌊 What is the ‘Omi Eko’ Project? Think of it as Lagos’ future floating highway. The project will: - Introduce new ferry terminals and stations - Deplo...