Showcasing the viability of a hitherto untapped industry and simultaneously providing succor to the people and business of Lagos State by easing the hardship caused by commuting on the overwhelmed road network. The new managing Director Hon. Abdoulbaq Ladi Balogun has been charged with the responsibility of implementing this present administration’s commitment to compliment its various efforts in addressing transportation challenges in Lagos by developing alternative modes of public transportation via the State’s Inland waterways.
Responsibilities includes showcasing the viability of an hitherto untapped industry and simultaneously providing succour to the people and business of State by easing the hardship caused by commuting on theoverwhelmed road network.
Lagos Ferry Services Company (LFSC) (also known as LAGFERRY) is the major ferry services provider in Lagos State. Although Lagos ferry services commenced operations in 1925, passenger ferries gradually intensified until the 1970s which led to the establishment of Lagferry in 1983.
The former Lagos State Ferry Services Corporation as at jakande’s administration was wound-down as an agency of the Government due to lack of evidence of its legal incorporation. The entity was responsible for both the regulatory and operational aspects of water transportation.
The next step was then to create a new regulatory Agency for the management of the water ways with a mandate that includes the business of water transportation.
The Lagos State Waterways (LASWA) was established in 2008 and is responsible for monitoring and ensuring compliance of operators to the former Gov. Babatunde Raji Fashola’s administration policy, in addition to being a resource hub for all manners of marine related matters. This provides the appropriate enabling environment for potential operators to implement their business strategies and capitalize on the vast number of commuters seeking alternate transport in Lagos.
In that same year 2008, a new company Lagos State Ferry Services was incorporated as a Limited Liability Company to operate Water Transportation services within Lagos State.
A Managing Director was appointed for LFSC in July 2012 and charged with establishing a new company to operate as a state owned enterprise.
A few years Later the current Administration appointed a new Chairman in February 2016 while the Managing Director resigned.
The current governor Gov. Babajide Sanwoolu appointed a new Managing Director Hon. Abdoulbaq Ladi Balogun in August 2019 to implement one of the T.H.E.M.E vision of Lagos State specifically Transport and traffic management with the aim of diversifying into other means of Transportation such as utilizing the waterways.
He has mandated the operations of the ferries by YEAR 2020