Lagos state Governor Akinwunmi Ambode has authorized the construction of new jetties and terminals to accommodate new investment in water transportation.
The Special Adviser, Office of Overseas Affairs and Investment, Professor Ademola Abass explained that the Governor approved the construction of the new terminal and jetties in line with efforts to boost water transportation and reduce road traffic.
Professor Abass described the number of investments in the state since the Ambode administration came on board as quite robust and evenly distributed across key sectors.
“We‘ve got a very robust amount of investment in water transportation. In the next six months or thereabout, you will see results of what we have done with water transportation.
One of the things we found out was that the kind of ships they want to bring to Nigeria; they are ships that some of our terminals cannot take for now, so the governor authorized the construction of new terminals,” he noted.
Professor Abass pegged the Gross Domestic Product, GDP of Lagos State as that of 32 West African countries combined and assured prospective investors of a secure and profitable environment for business.
The establishment of the Office of Overseas Affairs and Investment, which is a one stop shop for investment in Lagos State is one of the campaign promises of the Governor.