10/03/2026
A high-level international investment delegation paid a visit to the Lagos State Waterways Authority to explore opportunities within Lagos State’s waterways transportation master plan and express strong interest in operating within the state’s water transport sector. 🌊⚡️
At the center of the proposed investment is the introduction of the innovative Candela P-12 — a fully electric 30-seater ferry designed to transform urban water mobility with speed, efficiency, and zero emissions.
The green investment initiative includes the development of an assembly and maintenance plant, establishment of a specialized training centre, deployment of advanced G5 technology, and construction of modern jetties to support efficient and sustainable water transport infrastructure.
This non-debt private investment is being facilitated through strategic partnerships with MACNA and Candela — global leaders in marine mobility and sustainable maritime technology.
Together, the initiative aims to introduce silent, high-speed, zero-emission ferries that reduce energy consumption by up to 80%, while strengthening local capacity through technology transfer, training, and infrastructure development to support the growth of Nigeria’s blue economy.
GreenInvestment MaritimeInnovation PublicPrivatePartnership ZeroEmissionTransport 🌍⚓️