JUST IN: LASG Boost LAGFERRY, Upgrades Ferry Fleet

• Lagos upgrades ferry fleet

• …Balogun called for more private sector investments to tap into the wide possibilities in the blue ocean economy for steady returns.

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EKO HOT BLOG reports that in an effort to increase the effectiveness of Lagos Ferry Services (LAGFERRY) as a practical alternative to congest road traffic and solve the Okada scourge, the Lagos State Government has improved its ferry fleet with the purchase of new engines.

When accepting the new engines, Managing Director of LAGFERRY Abdoulbaq Ladi Balogun expressed his optimism that they would assure the best performance of their boats and provide passengers with comfort, safety, and a satisfying commute.

He said: “We hail Governor Babajide Sanwo-Olu for his commitment and investment in water transportation as a viable alternative to decongest road traffic and bring to fruition, the functional multi-modal transportation system, as envisaged in the strategic transportation master plan of the Lagos development blueprint. Passengers on our boats will continue to experience the safest, fastest and most comfortable time sailing to their destinations.”

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Reiterating government’s commitment to safety on the waterways through strengthening the enforcement of rules and regulations, Balogun called for more private sector investments to tap into the wide possibilities in the blue ocean economy for steady returns.

He said: “This government, through LAGFERRY, is showing the type of boats needed on the waterways. There is need for boat operators to ensure training of crew and regular maintenance of boats.”

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