• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Lagos launches 14 ferries to tackle gridlock, says Okada ban irreversible 

Fakoyejo Olalekan by Fakoyejo Olalekan
February 5, 2020
in Business News, Politics
Lagos launches 14 ferries to tackle gridlock, says Okada ban irreversible
Share on FacebookShare on TwitterShare on Linkedin

In a bid to curtail the gridlock experienced in Lagos State, Governor Babajide Sanwo-Olu has inaugurated 14 commercial ferries at the Badore Ferry Terminal, Ajah.

The governor said the ban on the operations of commercial motorcycles and tricycles in the state is irreversible, as he expects the ferries to bring succour to Lagosians.

Governor Sanwo-olu launches 14 ferries to tackle gridlock, says Okada ban irreversible 

RelatedStories

Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 

Lagos Govt generates N582.45 billion in Q1 2025, achieves 79% revenue target 

May 1, 2025
Lagos unveils ‘MyLagos App’, features traffic updates, business listings, others

Lagos unveils ‘MyLagos App’, features traffic updates, business listings, others

March 13, 2025

The Lagos State Government said it plans to increase the number of the commercial ferries to 30 before the end of the year. Governor Sanwo-Olu also inaugurated the Lagos Ferry Service (LAGFERRY) and a mobile app.

In a state with over 20 million population, the 14 commercial ferries can take up to 40 to 60 passengers. It will commute to Ikorodu, Ebute Ero, CMS, Badore and Ikoyi areas of the state, serving as an alternative to the banned motorcycles and tricycles.

The state also plan to provide about 500 buses to residents to ease transportation problems. Nairametrics learnt that water transportation is vital to the Lagos State transport system, as the government is looking to diversify the means of transportation by connecting rail, road and water transportation systems, in order to reduce dependence on road transport.

[READ MORE: Okada ban makes business tough for us, Gokada boss laments)

Nairametrics had previously reported that the Lagos State Government banned commercial motorcycles and tricycles from six local government areas and nine local council development areas of the state. The government stated that the ban was due to the rising crime rates and accidents associated with motorcycles and tricycles.

The ban also affected tech-driven motorcycle operators known as bike-hailing firms. The bike-hailing market had the likes of MaxNG, Gokada, and ORide, all of which have basically been out of business after the ban. According to a statement from the state, the ban was also to encourage riders (who earn about N20,000 daily) to become tailors, bricklayers and other artisan jobs.

Lagos State bans Gokada, ORide, MaxNG, others from 15 local governments 

No going back on ban: Governor Sanwo-Olu, speaking at the ferry inauguration, said, “Let me tell you about the ban which we just enforced. We will sustain the ban on okadas and tricycles, mainly because of security and safety reasons. The security and safety of citizens are paramount to any government. As a responsible government, we will not fold our arms and allow security breach in the state.

“We will continue to ensure the safety of our people on all fronts. There have been reports of serious security breaches and safety concerns in areas where these operators ply. We had to respond to these concerns because of life and safety matter to this government.”


Follow us for Breaking News and Market Intelligence.
Tags: Badore Ferry TerminalGoKadaGovernor Babajide Sanwo-oluLAGFERRYLagos Ferry ServiceMAXngORide
Fakoyejo Olalekan

Fakoyejo Olalekan

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: fakoyejo.olalekan@nairametrics.com.

Related Posts

Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Economy

Lagos Govt generates N582.45 billion in Q1 2025, achieves 79% revenue target 

May 1, 2025
Lagos unveils ‘MyLagos App’, features traffic updates, business listings, others
Sectors

Lagos unveils ‘MyLagos App’, features traffic updates, business listings, others

March 13, 2025
Lagos State has secured over $1.2 billion in digital investments in 5 years- Sanwo-Olu 
Sectors

Lagos State has secured over $1.2 billion in digital investments in 5 years- Sanwo-Olu 

March 1, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Sectors

Lagos Red Line to run 20 trips daily, transport 500,000 passengers once fully operational – Sanwo-Olu 

September 1, 2024
Lagos state, Babajide Sanwo-olu
Real Estate and Construction

Group urges Gov. Sanwo-Olu to probe N5 billion Mende dredging procurement violation

April 21, 2024
Lagos records zero bank robbery four years in a row – Sanwo-Olu  
Business

Fire outbreaks: Lagos to enforce proper safety measures in markets

April 12, 2024
Next Post
NSE’s Oscar Onyema urges capital market operators to take advantage of Finance Act, See the impacts the 2019 Finance Act will have on the capital market, according to NSE and KPMG , Nigerian bourse loses N2 trillion in value in Q1 2020, as oil plunged 65% QOQ

See the impacts 2019 Finance Act will have on the capital market

Comments 2

  1. Stanley says:
    February 5, 2020 at 8:09 pm

    I agree that motorbikes are a source of danger and robbery, however, the same cannot be said of tricycles which are not only much safer and slower than bikes, but also carry much more passengers thereby helping to ease the traffic gridlock in Lagos. Introducing a paltry 14 – 30 ferries for a year, as a palliative measure is nothing short of ludicrous.

    Reply
  2. Fey says:
    February 6, 2020 at 10:26 am

    People are paying twice the fare since the ban. this should also be looked into. the supply of bus compared to demand is something that should also be looked into.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

arco
access bank
nairametrics
first bank






DUNS

Recent News

  • 10 countries with the highest inflation globally as of 2025 
  • NERC urges FG to redirect $2 billion REA fund to industrial power
  • FirstHoldco reports N566.54 billion 9-month pre-tax profit as Q3 performance strengthens 

Follow us on social media:

Recent News

10 countries with the highest inflation globally as of 2025 

10 countries with the highest inflation globally as of 2025 

October 31, 2025
NERC adopts new tariff tool for mini-grid regulation  

NERC urges FG to redirect $2 billion REA fund to industrial power

October 31, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics