Lagos State Government announces N7bn jetty, new housing schemes, and a potential first fish market at Oworonshoki waterfront, aimed at boosting real estate and local economy
Lagos Plans N7bn Jetty, Housing and Fish Market at Oworonshoki Waterfront
The Lagos State Government is set to boost the Oworonshoki waterfront with a N7 billion jetty, housing projects, and a potential first fish market, the Commissioner for Waterfront Infrastructure Development, Dayo Bush-Alebiosu, has revealed.
Alebiosu announced on Friday while speaking to journalists in Lagos, noting that his ministry also has approvals for housing developments in the area.
The commissioner, a native of Kosofe Local Government Area, expressed sympathy for residents affected by recent demolitions in Oworonshoki, emphasizing that the ministry was not directly involved in the urban regeneration initiative but had assisted where possible.
“It’s rather unfortunate that it’s my local government… I feel the pain of the people on one side because they have always been supportive of me. However, on the other side, we have water running through there, spanning three local governments in my federal constituency. We have approval for a jetty, about N7bn, and we are in discussion with the Governor to ensure the project is fully aligned,” Alebiosu said.
He added that the Oworonshoki waterfront scheme would significantly enhance the area’s real estate value and impact surrounding communities including Ogudu, Magodo, and Bariga.
“We also have approvals to set up housing schemes. The Oworonshoki waterfront is an amazing place. By the time we’re done, it will transform the community economically and socially,” he noted.
Alebiosu further revealed plans to convert the area into Lagos’ first dedicated fish market, aimed at leveraging the surrounding waters and addressing high local fish prices.
“I still can’t understand how we can be surrounded by water and still pay N1m or N2m for fish. This market will change that,” he said.
On illegal dredging and reclamation, Alebiosu warned that such activities threaten Lagos’ waterways.
“Illegal dredging in Lagos is like illegal bunkering in the Niger Delta. People use canoes to remove sand, block drainage channels, and carry out other illegal acts. We continue to make arrests. I don’t sit in the office; I lead the battle to ensure the right things are done,” he said.
The Oworonshoki waterfront project is expected to bring lasting infrastructure improvements, economic growth, and better living conditions for residents and businesses in the area.
