EIB Global, the development branch of the European Investment Bank, has announced a €170m financial partnership with the Lagos State Waterways Authority to develop sustainable and efficient water transport in Lagos.
The partnership, which is the first collaboration between LASWA and EIB, the largest funder of the Omi Eko Project, was announced on Friday in Ikoyi, Lagos, and was witnessed by the EIB Vice-President, Ambroise Fayolle, European Union Ambassador, Gautier Mignot, and the Consul General of France in Lagos, Laurent Favier.
LASWA disclosed this in a statement on Friday obtained by Saturday PUNCH. LASWA explained that EIB Global, the development branch of the European Investment Bank, is the largest funder of the Omi Eko Project with €170m financing.
The statement explained that the project will improve urban mobility with socio-economic and environmental benefits for the population. It added that the project is part of the strategic Abidjan-Lagos corridor, which is
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