News
Lagos Moves to Deepen Waterways Investment, Eyes Electric Ferries in 2027 Budget Push

Lagos Moves to Deepen Waterways Investment, Eyes Electric Ferries in 2027 Budget Push
By Okeoghene Onoriobe | Waterways News
The Lagos State Government has signalled plans to significantly deepen investment in waterways and other alternative transport modes as part of a broader strategy to ease road congestion and improve the movement of people and agricultural produce across the state.
This was disclosed by the Commissioner for Economic Planning and Budget, Ope George, at the 2027 Budget Consultative Forum organised by the ministry, with the Ikeja Division hosting the opening session.
George said the government had come to recognise that road expansion alone cannot keep pace with Lagos’ transportation needs, and that an integrated multimodal system spanning rail, waterways and last-mile buses was now central to state planning.
“It’s a multimodal transportation system. We are not just building roads because we can’t build enough roads to take us where a lot of people in Lagos are,” he said.
According to the commissioner, inland water transportation is a particular focus, with the state looking to expand it to support economic activity and take pressure off the road network. He disclosed that Lagos was also working towards introducing electric ferries, in a move aimed at modernising and improving the sustainability of water transport in the state.
George noted that Lagos’ extensive network of waterways offered significant untapped opportunity, particularly for the bulk movement of agricultural produce and other commodities, a shift he said would help cut down on the volume of heavy-duty truck traffic currently clogging state roads.
On the budget consultation process itself, George said the exercise was designed to give residents and stakeholders a voice in shaping the state’s development priorities.
He said the 2027 cycle had already commenced, with government reviewing requests made in the previous cycle and providing updates on completed and ongoing projects.
He acknowledged that not every request could be captured within a single budget cycle, but said the forum gave government the opportunity to explain what had been delivered and why some projects remained outstanding. George disclosed that Lagos had sustained at least 80 per cent budget performance over the past four years, with internally generated revenue performance also standing at roughly 80 per cent as of mid-year. He said the current budget cycle was largely weighted towards consolidating and completing ongoing projects ahead of new commitments.
Speaking at the same forum, the Permanent Secretary, Lagos State Ministry of Economic Planning and Budget, Olayinka Modupe Ojo, urged residents and stakeholders to participate actively in the 2027 consultation process, noting that their input would help government identify spending priorities and channel public resources toward the most pressing community needs.
Ojo described budgeting as going beyond the mere allocation of funds, stressing that it involved decisions with direct bearing on residents’ lives and welfare. She said the forum brought together government, communities, businesses, students, traditional institutions, professional bodies and civil society to shape the state’s development plans, adding that feedback and data gathered from the consultations would form a key basis for decision-making in formulating the 2027 budget.
She said the administration’s shared prosperity agenda was designed to ensure government programmes had measurable impact across communities rather than benefiting only a few segments of society, listing critical infrastructure, transportation, healthcare, education, housing, social protection, food security, energy, digital transformation and MSME support as areas of sustained government attention.
Nigeria Watch
Lagos talking up waterways investment is not new. What should catch the attention of operators on the ground is the specific language here: bulk agricultural produce movement, electric ferries, and an explicit admission that roads cannot carry Lagos’ transport burden alone. That framing puts inland water transport squarely inside the state’s core economic planning, not as an afterthought to LASWA’s regulatory mandate.
For members of cooperative associations like WABOTAN and ATBOWATON, who have long argued that informal and small-scale waterway operators are the ones actually moving people and goods across Lagos’ creeks and lagoons every day, this is an opening worth pressing. An “integrated multimodal system” is only as strong as its last-mile links and in Lagos’ waterways, that last mile is overwhelmingly served by boat operators who have historically been left out of infrastructure funding conversations dominated by big-ticket ferry procurement and jetty construction.
The electric ferry ambition also deserves scrutiny beyond the announcement stage. Nigeria’s track record on modernising inland water transport, from stalled ferry programmes to the slow, contested rollout of NIWA’s wooden boat phase-out policy, suggests the gap between stated intent and delivery on the water tends to be wider than on the roads. Whether this 80 per cent budget-performance figure translates into visible jetty upgrades, safety equipment and vessel financing reaching operators, rather than headline projects alone, is the test that matters.
There is also a governance dimension. Lagos’ waterways sit at the intersection of state agency LASWA and federal agency NIWA, a relationship that has been strained by ongoing jurisdictional tensions following recent Supreme Court rulings. Any serious push to expand inland water transport for bulk cargo and passenger movement will need clarity on which agency regulates what, and cooperative operators will want assurance that expanded state investment does not translate into expanded regulatory friction without corresponding support.
Maritime Security and Safety
Shipping Lines Hail Security Gains as US Lifts 12-Year Condition of Entry on Nigerian Vessels

Shipping Lines Hail Security Gains as US Lifts 12-Year Condition of Entry on Nigerian Vessels
By Ighoyota Onaibre | Waterways News
International shipping lines operating in Nigeria have welcomed the United States Coast Guard’s (USCG) decision to remove the 12-year Condition of Entry (CoE) restriction on vessels arriving in the US from Nigerian ports, describing it as evidence of the country’s improved maritime security standing.
The CoE, in force since 2014, subjected vessels that had called at Nigerian ports within their previous five port calls to additional security checks and enhanced scrutiny before US entry. Its removal ends over a decade of extra costs, delays and paperwork for operators trading between Nigeria and the US.
Maersk’s Terminal Planning Lead for West Africa, Srijesh Subramanian, said the move would benefit both importers and exporters given the volume of Nigerian trade with the US, and would likely embolden shipping companies to expand their services. He read the decision as a signal that Nigeria now looks like a safer environment than previously perceived.
Ocean Network Express’s Nigeria Director, Stefan Pedersen, credited the outcome to NIMASA’s sustained work, though he noted ONE has no direct US sailings and so is not directly affected. He expects the removal of restrictions to still ease trade generally for lines that do run direct US services.
Pacific International Lines’ Managing Director, Ugo Opiah, framed the lifting as an image win: qualifying for US standards marks a country as a high-integrity player, and Nigeria’s decade-plus wait to clear the bar signals real improvement in maritime security compliance.
Mediterranean Shipping Company’s Vessel and Terminal Coordinator, Adesina Omoparuwa, said the restriction had forced MSC into trans-shipment routings rather than direct Nigeria–US calls, the same workaround the line uses for China, and that direct service should now become possible, opening opportunities for US-based businesses to trade directly through Nigerian ports.
Nigeria Watch
The CoE’s removal is the payoff of a process that has run since at least 2019, when the USCG first proposed a phased, bi-annual assessment track with NIMASA to bring Nigerian ports into full ISPS Code compliance. The agency conducted four full assessments of Nigeria’s port facilities and national maritime security framework between March 2024 and April 2026 before signing off.
Marine and Blue Economy Minister Dr Adegboyega Oyetola has called the lift a major milestone, crediting sustained collaboration between the Ministry, NIMASA, port and terminal operators and shipping lines. Washington has echoed that framing: in a letter dated August 26, 2026, US Assistant Secretary of State for African Affairs Frank Garcia congratulated Oyetola on the reform, tying it to Nigeria’s anti-terrorism and port-security compliance record.
For Nigeria’s port competitiveness push, running alongside the NPERA Act’s commencement and the deep seaport approvals at Badagry, Olokola, Ibom and Bakassi, the CoE exit removes one of the more persistent reputational drags on the sector: an active US security flag that shipping lines, insurers and freight forwarders had priced into Nigeria-bound trade for over a decade. Whether the savings in inspection time, insurance and freight cost are passed down to Nigerian shippers, or absorbed by the lines quoted here, is the next thing worth watching.
Blue Economy
Oyetola Woos Turkish Investors for Fisheries Sector, Vows to Protect Artisanal Fishers

Oyetola Woos Turkish Investors for Fisheries Sector, Vows to Protect Artisanal Fishers
By Okeoghene Onoriobe | Waterways News
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has thrown Nigeria’s fisheries sector open to Turkish investment, insisting that any fresh capital coming into the industry must strengthen and not sideline the millions of Nigerians who depend on artisanal fishing for a living.
Oyetola made the pledge while receiving a delegation from Turkish fisheries and aquaculture firm CRD Impex, led by the company’s General Manager for Fisheries, Cem Tarhan, at his Abuja office. He told the investors the Federal Government was ready to create an investment-friendly climate for credible local and foreign players willing to bring capital, technology and modern value-chain solutions to the sector, on condition that such investment remains inclusive.
“We welcome investors who can bring capital, technology, expertise and modern value-chain solutions to the sector. However, investment must be inclusive and sustainable. It must complement and empower our artisanal fish producers, not undermine their livelihoods,” the Minister said
He listed inadequate infrastructure, poor access to modern fishing technology, weak cold-chain systems, limited processing and storage capacity, and gaps in market access as the major constraints holding back the sector, framing each as an opening for targeted investment rather than a dead end.
The Turkish team, which included CRD Impex founder Hanefi Cardak and Tetra Underwater Services founder Ersun Buyukgoze, toured key fisheries and aquaculture points around the country to size up the terrain first-hand. Stops included the Kirikiri Lighter Terminal in Lagos, the Ozumba Mbadiwe Fish Market in Lekki, and the Esuk Nsidung Beach Market, a major waterfront seafood hub in Calabar, Cross River State.
The Ministry described the visit as part of a broader push to attract serious investment into Nigeria’s blue economy while keeping the welfare of artisanal fishers central to that growth.
Nigeria Watch
The Turkish courtesy call lands squarely in the pattern this desk has tracked all year: big-ticket investment pledges for Nigeria’s waterways, paired with familiar assurances that the small operator won’t be crowded out. The test, as always, is what happens after the photo-op.
Nigeria’s artisanal fishing communities occupy the same economic space as the informal boat operators represented by WABOTAN and ATBOWATON, river- and creek-dependent Nigerians whose livelihoods rise or fall on decisions made far from the waterfront. The infrastructure gaps Oyetola cited which include, weak cold-chain systems, poor storage and limited market access, all mirror the exact complaints this desk has documented from inland waterway operators for years but modernisation announced from Abuja rarely reache the jetties.
Turkish capital chasing Nigerian fisheries and aquaculture is a genuinely new thread, distinct from the Strait of Hormuz shipping story or the CVFF disbursement saga this desk has followed closely. But the underlying question is the same one that has defined Oyetola’s tenure at the Ministry of Marine and Blue Economy: will “inclusive investment” translate into contracts, cooperative partnerships and cold-chain infrastructure that artisanal operators can actually use or will it, like so many blue-economy pledges before it, stall at the courtesy-visit stage?
Waterways News will be watching for the first concrete CRD Impex commitment — site, timeline, or local partnership — as the marker of whether this one is different.
Blue Economy
NPERA, NPA Open Technical Talks on Handover of Inland Dry Port Functions

NPERA, NPA Open Technical Talks on Handover of Inland Dry Port Functions
By Ighoyota Onaibre | Waterways News
The Nigerian Ports Economic Regulatory Agency (NPERA) and the Nigerian Ports Authority (NPA) have begun formal engagement on transferring inland dry port oversight to NPERA, marking the start of what both agencies describe as a critical phase in operationalising Nigeria’s new port regulatory framework.
At a management-level meeting between the two agencies, officials focused on the technical groundwork for the handover, chiefly how to draw clear lines of responsibility and avoid duplication among the government bodies with a stake in inland dry port administration.
NPERA’s Director-General/CEO, Dr Akutah Pius, framed the transition as flowing directly from the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, whom he credited with steering the process toward the sector’s broader development. Akutah was emphatic that NPERA could not carry out the transfer alone, and said the buy-in of every relevant stakeholder agency would be needed to see it through.
He indicated that the Ministry would stay central to coordinating the process even as specific mandates move to the agencies best placed to execute them. Akutah also pointed to the Minister’s earlier interventions during the NPERA Bill’s passage through the National Assembly, which he said had defused inter-agency friction and set the stage for the cooperation now underway.
Describing the purpose of the meeting, Akutah said it was meant to formally kick off the transfer of inland dry port responsibilities to NPERA in fulfilment of its statutory role as economic regulator of the ports sector. He singled out Section 51 of the NPERA Act as a provision that now needs to be put into practical effect to keep the transition orderly and ensure stakeholder roles are properly aligned.
To manage the process going forward, the NPERA boss proposed setting up a joint committee drawing in NPERA, NPA, the National Inland Waterways Authority (NIWA), and the Federal Ministry of Marine and Blue Economy. He argued that inland dry ports matter well beyond the coastline. They extend maritime sector benefits into Nigeria’s hinterland and reinforce the country’s trade and logistics chain.
Responding on behalf of NPA, Managing Director Dr Abubakar Dantsoho welcomed the move and pledged his agency’s full operational and technical backing throughout the transition. He said the process had started on the right footing, and that NPA would furnish updated data on the current state of inland dry ports to inform further discussions, expressing confidence that continued engagement would help the agencies meet their shared objectives.
NPA’s Executive Director, Engr. Lekan Badmus, also commended NPERA for setting the collaboration in motion, calling the meeting a solid first step toward a smooth integration. He noted the two agencies have now moved into the technical phase of the exercise, with close attention being paid to eliminating overlapping functions.
Closing the meeting, Akutah said the proposed joint committee would reconvene with the Minister to seek further guidance and agree on next steps to keep the transition on track.
Nigeria Watch
This meeting is the first visible test of whether the NPERA Act’s promise of a rationalised port regulatory architecture can survive contact with Nigeria’s crowded agency landscape. Section 51’s transfer of inland dry port functions to NPERA looks straightforward on paper; in practice, it touches NPA’s traditional port administration turf, NIWA’s inland waterways mandate, and the Ministry’s coordinating role all at once, precisely the kind of overlapping jurisdiction that has bedevilled reform efforts elsewhere in the sector, most visibly in the long-running NIWA-LASWA tussle that only the Supreme Court could settle.
The proposed joint committee of NPERA, NPA, NIWA, and the Ministry, is a sensible mechanism, but Waterways News readers who have followed the CVFF disbursement saga know that Nigerian maritime governance has no shortage of well-designed committees whose outputs never quite reach implementation. What will matter is whether Akutah’s “technical phase” produces a binding timeline, not another round of goodwill statements.
For inland dry port operators and the hinterland trade corridors that depend on them, the stakes are practical: unclear jurisdiction between NPA and NPERA has historically meant slower cargo evacuation, duplicated levies, and uncertainty for freight forwarders planning routes away from the congested Lagos ports. If this transition is handled well, it strengthens the case for dry ports as genuine pressure valves for Apapa and Tin Can. If it stalls in inter-agency turf negotiation, it becomes one more entry in the gap between policy pronouncement and delivery that this desk continues to track.
Worth watching: whether Minister Oyetola’s office sets an explicit deadline when the committee reconvenes, and whether NIWA, whose inland waterways mandate intersects with dry port hinterland connectivity, gets more than a seat at the table.
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