Chairman, Ferry Transport Association (FTA), Bayeku, in Ikorodu, the Lagos State Mr Lukman Ganiyu, on Friday urged the state government to enhance ferry transportation.
Ganiyu said in Lagos that government's assistance would further reduce operational costs and decongest traffic on the road.
"We've not received any form of support from government. It has been our personal efforts. If the government partners with us in the area of loan we know how to repay.
Even the usual traffic congestion on our roads would reduce.
In western countries, they take water transportation seriously because it is faster. For instance, it takes only 20 minutes to move from Bayeku to Victoria Island in comparison to the three or four hours being spent if you go by road. So, there is a huge difference. "
Ganiyu stressed that the high cost of running the business was further compounded by the high interest many commercial banks in country charged on their loans.