The Lagos State Government on Friday launched the €410 million Omi Eko Project, a major public inland waterways transportation initiative aimed at transforming mobility across the Lagos Lagoon.
The event, held at the Five Cowries Terminal, LASWA Headquarters, Falomo, Ikoyi, was attended by Governor Babajide Sanwo-olu, who officially flagged off the project.
The Omi Eko Project is being implemented by the Lagos State Waterways Authority (LASWA) on behalf of the Lagos State Government. Funding comes from a €360 million investment via the Global Gateway Initiative, with contributions from the French Development Agency (AFD), the European Union (EU), and the European Investment Bank (EIB).