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Nairametrics
Home Business News Business

41,040 trucks transported through barges in Lagos ports in 2020 – LAGFERRY

William Ukpe by William Ukpe
January 10, 2021
in Business
Lagos launches 14 ferries to tackle gridlock, says Okada ban irreversible
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The Lagos State Ferry Services (LAGFERRY) announced that it transported 41,040 trucks through its barges in Apapa ports for the full year 2020, in a bid to decongest Lagos roads.

This was disclosed by LAGEFFRY MD, Mr Abdoulbaq Balogun, in a two-day Strategic Management Workshop for LAGFERRY management, titled “Resilience for Sustainable Economy” in Lagos on Saturday.

READ: Lagos State projects monthly IGR target of N60.31 billion for 2021 fiscal year

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Mr Balogun said:

  • “Between January and December 2020, we have successfully moved 41,040 trucks from our terminal. LAGFERRY have also cleared 2,308 goods containers from Apapa and Tincan ports, while 941 empty containers have been loaded back to the ports. We have also been able to create 284 employment directly and indirectly through our operations.
  • “The mandate given to us by Governor Babajide Sanwo-Olu is to move 30% of Lagosians by the waterways in order to decongest the roads. We equally understand the enormous responsibility and challenges before us for the new year. This is exactly the reason for organising this workshop.“

READ: Lagos rolls out transportation guidelines to control second wave of Covid-19 pandemic

Mr. Balogun said full operation started in February 2020 through the deployment of 12 boats in 6 waterway routes in the state, citing that the service had ferried a total number of 100,000 passengers by September 2020.
  • “We were averaging daily commuting between 800 to 900 passengers and in June 2020, we had ferried about 60,000 passengers and by September, we celebrated our 100,000 passengers. In 2020, one of our boats, MV Ayangburen, christened the sea warrior of water transport, accomplished a feat of completing 22 trips in 7 hours and six minutes.
  • “Also in 2020, a total number of 2,857 persons were commuted on our chattered services to different parts of the state for pleasure, recreation and business. Today, I can proudly tell you that we commuted over 200,000 passengers within 150 days of operation in 2020.”

READ: Infrastructural financing in Nigeria: Why bonds are better than loans

He mentioned that LAGFERRY would continue providing alternatives to enable ease of doing business in Lagos State, with the provision of logistic operations for companies through Lagos waterways.
READ: Lagos to replace all streetlights, deploys smart led lighting across the state

What you should know 

  • Nairametrics reported last week that the LAGFERRY ferried over 200,000 passengers in 2020, during 150 days of operations.
  • LAGFERRY also revealed it was responsible for 38% of the water transportation index to the transportation matrix of Lagos and also improved the contribution of water transport to the state’s GDP to 0.2 per cent from 0.8 per cent, citing that the operations had helped decongest road traffic in Lagos State and boost ease of doing business through the waterways.

READ: Output of Sub-Saharan Africa dipped by 3.7% in 2020 due to COVID-19 – World Bank


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William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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