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Lagos To Acquire 14 Passenger Boats To Reduce Dependence On Road Transport

also to increase investment opportunities

Lagos State government has finalised plans to acquire 14 passenger boats in order to reduce pressure on road transport in the state.

The State’s plan is also to increase investment opportunities in water transportation and grow its just over 1% transportation market share to 10%.

Lagos has a huge presence of water bodies and the government is looking at ways to maximise the potentials of investment in that form of transportation.

According to Guildng, the Commissioner for Transportation, Fredrick Oladeinde, disclosed the government plans when he appeared on Covinspiration show moderated by a United Nations (UN) Youth Ambassador, Dayo Isreal.

The programme was held on different online platforms for residents to have up to date information on activities carried out by the Babajide Sanwo-Olu administration ahead of it first year in office.

The commissioner disclosed the development while explaining the plans of Sanwo-Olu’s government to improve upon the intermodal transportation system of the state. This he said is to reduce the over 90 percent dependency on road transportation in the state.

The overdependence on road transportation is one of the biggest reasons behind traffic gridlock in the state.
“We have increased the ridership with the procurement of first six boats and recent purchase of additional eight boats, which increased the number of boats we have to 14. Going forward, we will be procuring another 14 to increase the boats to 28, and give more residents opportunity to have options on the mode of transportation.
“This is part of the government plan of increasing investment in water transportation and as we do this, we are encouraging a lot of private investors to get involved in the business because government alone cannot solve it”, the commissioner added.
Speaking further, he said  the outbreak of covid-19 serves as the best time for any investor to do business with the government because its revenues are dwindling and would need funds to actualise promises made to the citizens while seeking for office.
“We are bringing onboard new strategies to ensure that the market share of water transportation increase to 10 percent but presently, it is a little above 1 percent.
“And the key to ensuring the water transportation become the toast of all, it must be connected to the other intermodal transport systems, rail and road, and that is very important”.



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