
Oluwadamilola Emmanuel
General Manager & Special Adviser to the Lagos State Governor on Blue Economy
Lagos State Waterways Authority (LASWA)
“FROM WATERWAYS TO WEALTH: LAGOS BLUE ECONOMY AND THE NEXT FRONTIER OF MARITIME GROWTH”
With the Blue Economy becoming a more defined part of Lagos State development agenda, the opportunity extends beyond water transportation to maritime infrastructure, investment, tourism, fisheries, technology, skills, environmental sustainability and the creation of new economic value around the state extensive aquatic resources.
Lagos is increasingly looking at its waterways not simply as
an alternative transport network, but as a strategic economic asset.
At the same time, transforming Lagos waterways into a modern
transport system raises questions that go beyond the deployment of vessels. How
does the state build the infrastructure required for scale? How does it
integrate water transport with road and rail? How does it raise safety and
operational standards while bringing existing operators into the transition?
And what will it take for passengers to regard the waterways as a reliable,
safe and attractive part of everyday urban mobility?
The broader Blue Economy agenda presents an equally
important challenge: moving from the economic potential of Lagos maritime
assets to an ecosystem capable of attracting investment, creating jobs,
supporting local enterprise and generating sustainable economic value.
Water transportation then becomes an enabler for these sectors.
TRANSCRIPT REF: EC-2026-008 · RECORDED: 17 September 2026 · STATUS: ON RECORD
Lagos has increasingly positioned the Blue Economy as an area of economic development rather than simply a maritime policy concept. From your perspective, what is the economic architecture Lagos is trying to build around its waterways, and where do you see the most significant opportunities for value creation that remain underdeveloped?
Thank you very much. It is my pleasure to be here, and
congratulations once again.
The ambition for water transportation now goes beyond simply providing an alternative to road transport. With the push towards significantly higher passenger capacity, larger and more modern vessels, improved ferry terminals and projects such as Omi Èkó, what does the infrastructure and operating model for a genuinely scaled Lagos water transport system look like, and how should it connect with the state road and rail networks to function as one mobility system?
What you have described is exactly what Lagos State is
building. Lagos no longer builds any mode of transportation in isolation.
Looking closely at water transportation, Omi Èkó is set to
deliver vessels with passenger capacities ranging from 50 to 200 passengers.
The whole idea is to significantly increase the number of people using water
transportation.
There are significant advantages to water transportation,
particularly time savings. The vessels being procured are also expected to
reduce carbon emissions. That has implications not just for individual
passengers but for livelihoods and businesses because time savings also
translate into economic benefits.
Modernising the fleet is only one part of the transition. Lagos is also moving towards cleaner marine transportation, including electric vessels, which creates new requirements around charging infrastructure, power supply, maintenance, terminals and operational systems. How is Lagos approaching this wider infrastructure transition, and what must be put in place to ensure that cleaner marine mobility can operate reliably and economically at scale?
This is a very important question.
When we think about electric transportation, we think about sustainability.
Lagos State has experience with electrification through other transport modes. The Blue Line, for example, is fully electrified, and the power infrastructure supporting it provides useful experience as we think about the requirements for water transportation.
The same principle has to apply to water transportation. We
have to make sure that the different modes have access to adequate charging
infrastructure and reliable power.
The Omi Èkó project comes with 12 terminals that are fitted with charging infrastructure. The next requirement is ensuring that adequate power gets to each of these jetties so that the charging infrastructure can operate effectively.
For electric water transportation to work at scale, therefore, it is not enough to procure electric vessels.
The supporting infrastructure has to be in place, including
charging facilities and adequate power at the terminals.
Safety will ultimately determine whether increased capacity translates into increased passenger confidence. If Lagos wants water transportation to become a trusted everyday mode of urban mobility, what needs to change across vessel standards, operator professionalism, enforcement, emergency response, service reliability and the overall passenger experience? And how can the transition to higher standards bring the existing informal and smaller operators into the modern system rather than simply displace them?
What Lagos does is learn. We have a lot of peer-to-peer
learning, and the good thing is that we have other transport modes that have
gone through similar transitions.
Local knowledge is also extremely important. Even where
international experience is brought in, you still need local knowledge because,
at the end of the day, it is water. You must have people who understand the
local waterways and the environment in which the system operates.
If the objective is to build an investable Blue Economy rather than simply expand water transport, where should private capital and institutional investment be concentrated across passenger transport, marine infrastructure, tourism, technology, environmental services and related businesses? And what economic outcomes should Lagos be targeting over the next five to ten years to demonstrate that its waterways are becoming a productive economic platform?
I will be honest with you, I cannot give those figures right
now. The reason is that we are currently carrying out feasibility studies on
the different components of the Blue Economy.
I cannot speak to the numbers at this point, but I know that
significant focus will go towards coastal tourism and fisheries, which I
mentioned earlier.
The objective is to understand the different components of the Blue Economy, identify where value can be created, and then position Lagos to capture that value.
You have spoken about the need to move from individual projects towards a broader Blue Economy framework for Lagos. What are the short, medium and long-term goals for the Lagos State Blue Economy, and what should Lagos ultimately look like if those goals are achieved?
The short, medium and long-term plan for the Lagos State
Blue Economy is to have a Blue Economy blueprint for Lagos State.
The objective is to understand the different components of the Blue Economy, identify where value can be created, and then position Lagos to capture that value.
Lagos waterways sit at the intersection of urban mobility,
maritime infrastructure and the wider Blue Economy.
ABOUT EXECUTIVE CONVERSATION
Executive Conversation is PrimeAxis’ flagship interview
series featuring policymakers, regulators, industry leaders and innovators
shaping Africa’s maritime, trade, logistics and Blue Economy sectors.
About Executive Conversations
Executive Conversations is PrimeAxis's flagship interview series, engaging the leaders, regulators, and institution builders shaping Africa's maritime and blue economy future.
Editorial Note: This interview has been edited for clarity, length, and flow while preserving the substance of the conversation.
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