Tag: Caverton

  • Niger Delta Blue Economy partners Caverton to promote safer, climate-friendly water transport

    Niger Delta Blue Economy partners Caverton to promote safer, climate-friendly water transport

    The Niger Delta Blue Economy Investment Summit has entered into a strategic partnership with Caverton Marine to advance safer, more efficient, and climate-conscious marine transportation across the Niger Delta.

    The collaboration was formalised after a high-level meeting between the Summit’s organising committee and Caverton Marine in Lagos. 

    It is designed to tackle longstanding safety concerns on the region’s waterways and accelerate the deployment of modern, low-emission passenger vessels.

    Caverton Marine, an indigenous boat manufacturer and marine logistics provider, has earned national recognition for its contributions to water transport development in Lagos, particularly through public-private partnerships that produced recent world-class passenger ferries for the state government.

    Speaking after the engagement, Cedric Ogwu, a member of the Summit’s organising committee, said the initiative seeks to replicate successful models already delivering results in Lagos.

    He explained that the Summit would provide a platform for governments, investors, and operators to advance infrastructure that improves safety, boosts commuter confidence, and supports sustainable economic activity in coastal communities.

    In his remarks, the Managing Director of Caverton Offshore Group, Bode Makanjuola, welcomed the partnership and described the Summit as timely. 

    He noted that Caverton is already collaborating with some states in the Niger Delta but expressed readiness to expand its footprint in the region.

    Makanjuola added that the company now manufactures passenger boats that meet global safety and quality benchmarks, including fully electric ferries designed to cut operating costs and reduce long-term environmental impact. 

    According to him, many waterway accidents stem from avoidable equipment failures and the use of substandard vessels.

    Co-convener of the Summit, Dr. Uche Igwe, said Caverton’s progress in electric ferry manufacturing aligns directly with global energy transition priorities. 

    He noted that the adoption of electric ferries presents significant opportunities for the Niger Delta in emissions reduction and green investment attraction.

    The Niger Delta Blue Economy Investment Summit will hold from 9–11 February at Four Points by Sheraton Hotel, Ikot Ekpene, Akwa Ibom State. The event will convene policymakers, investors, industry leaders, and development partners to explore investment prospects across the region’s emerging blue economy. High-level speakers, including former Prime Minister of Tunisia, Mehdi Jomaa, have confirmed attendance.

  • Applause, as Caverton unveils Nigeria’s first electric ferry boats

    Applause, as Caverton unveils Nigeria’s first electric ferry boats

    In what many have described as a game changer in the history of inland waterways in Nigeria, Caverton Marine, a proudly Nigerian company recently broke a jinx when it commenced the official demonstration of its pioneering electric vessel, the Electric Omibus. Gboyega Alaka, who was there, reports.

    He future berths in Lagos

    Olabode Makanjuola’s joy and sense of accomplishment was visible and infectious, as he welcomed a select group of journalists, government officials and maritime enthusiasts, Monday, and fielded questions at the Caverton heliport, Victoria Island exquisite lobby. And you could hardly blame him. As the Chief Executive Officer of Caverton Marine, it was an occasion to showcase the company’s latest accomplishment – the first ever electric passenger ferry on Lagos waters.

    It was a result of a 13-month extensive work and travelling by his carefully assembled team. The Electric OMIBUS is a passenger ferry designed to operate entirely on electric propulsion, eliminating carbon emissions and significantly reducing operational noise and maintenance costs, as against the traditional diesel-powered ferries.

    The Integrated Electric Propulsion of electric ferries were built for local waters. The prototype combines a Caverton-built FRP passenger hull with a modern electric propulsion package supplied by Explomar. The new ferry works with dual electric motors which provide strong acceleration and high-speed performance, powered by a modular lithium battery pack with a robust BMS and inverter system.

    Why Electric ferry?

    Electric ferry operations meaningfully change the economics of water transport. While electric systems require higher upfront investment, they eliminate fuel consumption, reduce mechanical maintenance, and improve operational reliability by removing engines, exhaust systems, and gearboxes.  These design changes also reduce the risk of onboard fire and fuel-related hazards. Early modelling also shows potential for major reductions in annual operating expenditure and a substantial cut in carbon emissions when compared with petrol ferries.  These outcomes align directly with Lagos State’s goals for safer mobility, climate resilience, and long-term cost savings.

    Caverton executed all integration and systems routing locally to ensure ease of maintenance and reliable scaling. The configuration reflects real Lagos route patterns – short-to-medium distances with predictable charging windows – making this platform ideal for metropolitan water transport.

    Historic step toward sustainability

    With the unveiling of the Omibus, the country’s first locally produced electric ferry, Caverton Marine has taken a historic step towards sustainable transportation in Nigeria. In collaboration with the Lagos State Government, Caverton Marine developed the boats in partnership with ExploMar (Suzhou) Energy Technology Co. Ltd, a company which produces high-power electric outboard systems in China following the signing of a strategic partnership in August 2024.

    Read Also: Tinubu reaffirms security, unity, community resilience as core priorities

    Makanjuola said, “It’s the demo week for the Omibus Electric Ferry, the first of its kind in Africa. We are particularly very proud because this is a Nigerian initiative with support from our friends from China. This is a Nigerian project, and it’s something that Nigerians should be proud of. The Omibus journey started about six years ago, basically in trying to address the challenges of water transportation in Lagos State, and generally see how we can improve the lives of average Lagosians in terms of commuting. We were set to task, and we decided to develop our first-ever 40-passenger electric ferry.

    “Upon successful construction of that ferry, we were commissioned by the Lagos State Government to build 25 ferries, of which 15 have already been delivered and are operational right now. Actually, if you look across to the Famolo Ferry Terminal, you’ll see some of those ferries lined up there. Today is not the time for long speeches; we have a nice presentation for you. As a friend said, it’s a case of see, hear, feel. When you go out there, you get to see the Omibus and experience it. You will not hear the sound of the electric engine, which, as far as I’m concerned, is the future of mobility in Nigeria. Electrification is not sustainability; it’s a part of sustainability and something we are very passionate about at Caverton Marine.”

    Makanjuola outlined the project’s three-year journey, beginning with Lagos State’s commitment to enhancing water transportation as an alternative to congested road networks. The session was the first in a series of 10 demo sessions through which journalists, marine experts, regulators, investors, among others, will be taken through the Omibus experience.

    Part of the takeaways was that the average four hours Lagosians spend commuting a distance of about 80 km by road can be covered in less than 40 minutes by ferries on water.

    In his remarks, Professor Busayo Fakinlede, Senior Special Assistant to the President on Marine and Blue Economy commended Caverton Marine for the feat, noting that it underscores the company’s forward-looking credentials.  “It is a very big achievement to be able to move from rickety boats plying the waterways into more sustainable and more stable boats, fibre-reinforced plastic electric boats. This is a great leap, and it is the kind of initiative that the Minister of Marine & Blue Economy, His Excellency, Mr. Gboyega Oyetola, CON, has always championed in the sector. The ministry will continue to support such laudable systems that will lead to eradicating both mishaps in the country, and also, this is what we talk about when it comes to zero emissions,” he stated.

    In line with Sanwo-Olu’s THEMES Agenda

    Makanjuola added, “We are a marine and aviation logistics company, and I have always been very passionate about water transportation. For the Lagos State Government, it is part of the THEMES Agenda, creating intermodal transportation, and we see water transportation as the final leg or the final piece of the puzzle. It’s a journey that we’ve been on for a long time. In fact, we have been working on it for five or six years. And altogether, we worked with administrations going all the way back to His Excellency, President Bola Tinubu’s administration as Lagos State governor. We have been working to modernise water transportation to make it safe for Lagosians.

    “So, when the administration of Babajide Sanwo-Olu came and they were pushing this intermodal system with the rail networks, we took it upon ourselves that we needed to actually raise the bar for water transportation and actually now see how we can provide better, safer and more decent water transportation system in Lagos.”

    Kunmi Agbaje, the Project Manager, would go on to explain that the scheme was built on “Intentional engineering, which ensures fair distribution of weight for the ferries while prioritising safety, comfort and the environment.”

    Low Engine Noise, Environmentally-friendly

    “I always start with what I found to be very pleasing about the ferry. The electric ferry comes with low engine noise, which means passengers can actually have phone calls on their way to work. Another advantage is how it eliminates pilfering, which is sometimes the case with some of the local operators. They tell their bosses they are buying 50 litres but only 30 litres, which is not possible with an electric engine. Obviously, there are also issues regarding sustainability, cost savings, which means maintenance for electric cars is way lower over the course of 10 years, compared to petrol. So, you have a ferry with regular speed, suitable for passengers and can cover three hours, ultimately meaning greater safety, faster experience, yet quieter experience.”

     Agbaje added that the ferry, a variation to a 30-seater instead of a 40-seater due to the weight, means lighter boats in the end and reached 33 knots from sea trial while the battery weighs 750 kilos.

    Jonathan Wang, the Executive Director of Explomar, a Chinese company that builds engines for high performance electric boats, said the engines are built to last and can run for about three hours on one charge. To solve the infrastructure problem of charging, he added that there are different chargers of different specifications, ranging from 7KW to 120KW, with ferries installed with a smart control and monitoring system similar to modern EV dashboards for real-time battery health, route range, and emergency alerts.

  • Caverton signs MoU with Chinese university on UAV development, training

    Caverton signs MoU with Chinese university on UAV development, training

    Aviation expert, Captain Akinsete Olushina, of UAV Integration Unit, Nigerian Civil Aviation Authority (NCAA), has commended Caverton Offshore Support Group (COSG) for always moving ahead the curve in the cutting edge technology to enhance its operations.

    Akinsete made this remark in Lagos on Friday November 28, 2025 during the signing of Memorandum of Understanding (MoU) between  Caverton Group and ShenZhen University of Information Technology (SUIT) of China on UAV ‘Drone’ production, which aims to drive and boost technology research and development in Nigeria.

     The MoU focuses on the development status and market demand of the drone industry, drone standard-setting methods, and Nigeria’s policy landscape.

     According to him, Caverton, as a game changer in the aviation sector, is always ahead in technology and its story of growth and excellence is there for people to see.

     “It is my pleasure to be here today and it is very important what we are witnessing today. You see, with the amount of investments and fortitude that have been invested by Caverton to put up this structure at its centre and steps taken by the group from China to assist in this new venture, I can assure you that the future is UAV no doubt.”

    Speaking further he said, ”It is quite clear that UAV is taking over most of the rotary aerial works. Apart from carrying passengers, most aerial works now are being done by UAVs.

     “My initial visit here was at the preliminary stages and today, due to the commitment and visionary leadership of Caverton Group, I can see the transformation in terms of assembly line and training facilities.”

    Read Also: Caverton returns to profitability with N2.09b pre-tax profit

    Akinsete is optimistic that the new venture will be a fantastic union between the two giant entities.

     “We expect that something good will come out of this,” he said, as he expressed his gratitude to the team who travelled all the way from China to share their knowledge.

    He wrapped up his remarks by pledging his support from the NCAA to be of assistance when the need arises. “You have our full support because that is where the future lies.”

    In his welcome address, Chief Operating Officer (COO), Caverton Offshore Support Group (COSG), Rotimi Makanjuola, thanked the August visitor for coming to Caverton Helicopters all the way from China to partner with them.

  • Company grows gross profit by 16 per cent to 10.9b

    Company grows gross profit by 16 per cent to 10.9b

    Marine, aviation, and logistics services provider to oil and gas companies, Caverton Offshore Support Group Plc, has announced its unaudited results for third quarter ended September 30, showing operational improvement and strong recovery  despite a difficult business environment.

    The figures showed gross profit rose by 16 per cent to N10.9 billion compared to N9.4 billion in 2024.

    Operating profit improved to N9.8 billion as against N34.9 billion loss in Q3 2024 while Loss Before Tax scaled down to N4.6 billion compared with N41.6 billion in Q3 2024.

    Furthermore, gross margin rose to 55.6 per cent compared to 15.2 per cent in 2024.

    Net Profit (loss) Margin stood at 18.9.per cent  as against -19.7 per cent in 2024.

    EBIT/Interest Expense  rose to 28.1.per cent from 23.1 per cent in 2024.

    Group Chief Executive, Olabode Makanjuola, noted that the performance underscored the strength of Caverton’s business fundamentals and positive trajectory of its turnaround strategy.

    “While we acknowledge the loss position, the reduction in pre-tax losses and strong operating profit demonstrate effectiveness of our strategic initiatives to stabilise operations, enhance cost efficiency, and strengthen earnings. Our focus remains on repositioning Caverton for sustainable growth,” Makanjuola said.

    He said Caverton continues to implement key management initiatives to strengthen business continuity, diversify revenue streams, and enhance shareholder value.

    Read Also: Nigerian Bottling Company expands portfolio with launch Plazma Biscuit in Nigeria

    “The firm will launch its air cargo business to capture opportunities in Nigeria’s logistics and e-commerce sectors. This follows Caverton’s participation in the presidential state visit to Brazil, during which it announced its strategic entry into cargo operations. ‘’

    ‘‘Preparations are at an advanced stage for the launch of Unity Shipping Worldwide, a joint venture between Caverton marine, NNPC and Swedish shipping giant, Stena Bulk. This initiative is expected to diversify the Group’s income base and improve cash flow stability whilst developing indigenous shipping capacity on an international platform for the shipment of petroleum and bulk cargoes.

    “Caverton is expanding its boat-building capacity through collaboration with the Nigerian Navy at the Naval Dockyard. The Company’s OMIBUS fleet, designed to address water transportation challenges in Lagos and across Nigeria, recently launched the first-ever 100% electric ferry built in Nigeria. Developed in partnership with Chinese outboard engine manufacturer Explomar and supported by the Naval Dockyard, the ferry has successfully completed sea trials, with full-scale production expected to commence in Q4 2025.”

  • Lokpobiri lauds Caverton on MRO

    Lokpobiri lauds Caverton on MRO

    The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has hailed the Maintenance, Repair and Overhaul (MRO) training centre built by Caverton Helicopters Company at the Murtala Muhammed International Airport,  lkeja, Lagos.

    Lokpobiri, while on tour of the facility, noted that the level of investment in the facility is at par with what obtains in the developed world. This, the minister said, has not only distinguished Caverton as a truly focused organization, but as a firm determined to make Nigeria proud as an indigenous aviation company majoring in MRO as well as training hub.

    The minister, who said his visit was to “see things for himself” described the facility as a “go to” for training pilots beyond the shore of country.

    “I have seen training centers abroad. I can attest to it that Caverton stands out. Caverton is a pacesetter. I am very happy to be here today. Let me formally congratulate you. I am also happy to hear that you have pilots who you trained and are gainfully  employed abroad.

    “I want to assure you that whatever is needed to be done will be done in order to make our partnership a success.

     I also commend you for your records, so far, of zero casualty,” the minister said.

    In his remarks, the Chairman, Caverton Offshore Support Group,  Aderemi Makanjuola, thanked the Minister for the visit the training hub.

    Read Also; FULL LIST: NNPC GMDs from 1977 till date

    Makanjuola said: “Everything is processed from training to maintenance. We are proudly Nigerian company which exploits have continued to attract all and sundry. We are constantly evolving and expanding with cutting edge technology. We look forward to engaging with you and discussing how we can collectively contribute to the growth and success of Nigeria’s oil and gas industry,” he said.

    In similar vein, the Chief Executive Officer,  Caverton Offshore Support Group,  Olabode Makanjuola said the firm is playing a vital role in Nigeria’s aviation and oil and gas sectors.

    “As a subsidiary of the Caverton Offshore Support Group, Caverton Helicopters has established itself as a leading indigenous operator in Nigeria’s aviation industry. Our commitment to excellence, safety, and reliability has allowed us to record a historical market share exceeding 70 per cent, making us a key player in providing logistics support for the oil and gas sector. We are proud to serve esteemed partners, including Shell, Chevron, Total, NAOC, and NNPC, and we look forward to continuing this legacy of collaboration.”

    Makanjuola said the vision of the President Bola Tinubu administration to elevate Nigeria’s oil production to two million barrels per day is an ambitious and commendable goal. Hence, his firm recognises that achieving this target requires seamless and efficient logistics solutions, particularly in offshore helicopter logistics, which the MRO supports.

    “As we strive to enhance our capacity and capabilities, we are eager to partner with the Ministry of Petroleum and agencies such as the NCDMB. Together, we can create a robust framework that not only meets the growing demands of the oil and gas sector but also consolidates our position as a premier service provider in the region championing local content participation and development.

    “In the coming months, we will be embarking on a strategic investment drive aimed at attracting new investors and further enhancing our operational capacities. This initiative is crucial not only for our growth but also for the overall development of Nigeria’s aviation industry.

    “We believe that by working hand in hand with the government and industry stakeholders, we can navigate the challenges ahead and seize the opportunities that lie before us. Your presence here today signifies a shared commitment to advancing Nigeria’s energy sector, and we are excited about the prospects of collaboration,” he stated.

  • Caverton mourns director

    Caverton mourns director

    Caverton Offshore Support Group Plc has announced the passing of Mr. Bashiru Bakare, a Non-Executive Director. According to a statement announcing the passing after a brief illness, the passing of Bakare represents an immense loss to the Caverton family and everyone who had the privilege of knowing him during his lifetime.

    “Mr. Bakare was an exceptional leader and respected financial expert, with a distinguished career spanning over 25 years in the banking industry. An alumnus of the London School of Economics with a degree in Monetary Economics, he brought profound expertise and insight into every organisation he was involved with. His impactful contributions to First Bank Plc, where he served as Executive Director, and his roles on the Boards of its subsidiaries, exemplified his commitment to excellence and the betterment of Nigeria’s financial landscape.

    Read Also: Ajayi has greater chance of winning, says PDP Publicity Secretary Fadaka

    “Since joining Caverton Offshore Support Group, Mr. Bakare has been a pillar of wisdom, leadership, and dedication. As Chairman of our Board Safety and Implementation Committee and a key member of our Governance and Implementation Committee, he played a vital role in shaping the vision and operational integrity of our organization…”

    While reflecting on the friendship he shared with Bakare, Aderemi Makanjuola, chairman of Caverton, said: “Bashiru and I shared many memories as classmates at Ahmadiyya College Agege in Lagos, and we began our careers together at Barclays Bank.

  • Defense Minister lauds Caverton’s dedication to developing aviation

    Defense Minister lauds Caverton’s dedication to developing aviation

    The Minister of State for Defence, Hon. Mohammed Bello Matawalle, has expressed optimism that with Caverton Helicopters facilities and achievements, Nigerians no longer need to travel abroad for its aviation related procurement, maintenance and training.

    The minister stated this during his facility tour of the company’s MRO, Training Centre and AW-139 as well as AW-109  Flight Simulators at its Ikeja training centre located in Murtala Muhammed International Airport, Lagos yesterday.

    According to the minister who is the immediate past Governor of Zamfara State, Caverton has the capacity to serve as the hub for aviation maintenance and training in Nigeria.

    Speaking about his experience after the tour of the facilities, the elated Matawalle who was appalled said “I am simply happy and excited with what l have seen today for an indigenous company to have invested so much on these facilities. I am speechless. With facilities on ground, Caverton no doubt, has become a hub for the Nigerian Aviation sector and other sectors. 

    “With what they have done, we will be able to handle our things on our own. We don’t have to be going abroad to maintain our facilities. The commitment, dedication to duties I saw in these young men is profound. I am excited and impressed. No doubt the forward-looking company has supported the local content with popular cliché Caverton is built in Nigeria, made in Nigeria for Nigerians.”

    Read Also: Soldier killed in home state Abia after surviving five years fight against terrorists

    According to the Minister, “I have heard about Caverton, its world class simulator and its wonders in the Nigerian Aviation sector. Like the popular cliche ‘seeing is believing’. Today I am excited and I was talking to the CEO Bode that with this, we don’t have to take our aircraft maintenance abroad because with Caverton, we have everything.

    “With this, we will have a collaboration between the Caverton and the Military Industrial Complex as the Nigerian Navy, Nigerian Air Force and even the Army don’t have to go abroad for procurement of any aircraft or maintenance.

    “I have seen the MRO section and I am so excited that the spare parts they have on ground are of international standard.

    “Congratulations to the Caverton Group,” the Defence Minister saluted the management, adding that, “I can assure you that the Ministry of Defence will work hand-in-hand with Caverton to make sure that we build Nigeria. And with the Renewed Hope of Mr. President, the Ministry of Defence will work and support you in moving this country forward.

    “I see talented young boys going through training and with the strong management team that Caverton put in place, I believe that this place will be a hub for the Nigerian Aviation.

    Welcoming the minister earlier, the Chief Operating Officer, Mr. Rotimi Makanjuola, presented the special guest with information about Caverton Offshore Support Group touching on its two subsidiaries namely, the Caverton Marine, which he said launched recently 15 locally built 40-passenger ferries  from its boatyard, built in partnership with Lagos State Government, and Caverton Helicopters.

  • Sanwo-Olu unveils Caverton’s new AW 109 Simulator in Lagos, praises management’s vision

    Sanwo-Olu unveils Caverton’s new AW 109 Simulator in Lagos, praises management’s vision

    To expand its aviation training facilities to meet with international standard, Caverton Helicopters, on Wednesday, December 14, commissioned its ‘Leonardo AW 109 Level Five Simulator’ at its Aviation Training Center at the Murtala Muhammed International Airport, lkeja Lagos.

    Dignitaries at the event were chairman, Caverton Offshore Support Group, Mr. Aderemi Makanjuola; his wife, Yoyinsola; Governor of Lagos State, Mr. Babajide Sanwo-Olu; his Deputy, Dr. Obafemi Hamzat; representative of Chief of the Naval Staff, Rear Admiral Bolaji Orederu; Chairman, Caverton Helicopters, Mallam Bello Gwandu; Chief Executive Officer of Caverton Offshore Support Group, Mr. Bode Makanjuola; Group Chief Operating Officer, Mr. Rotimi Makanjuola; Chief Executive Officer of Air Peace Limited, Mr. Allen Onyema; and former Minister of State for Finance, Ambassador Bashir Yuguda.

    Lagos state governor Sanwo-Olu praised the founder, Makanjuola, and management for their vision in contributing to the Nigerian economy through job creation. 

    According to him, “He could have locked up what God has given to him and not invest it.”

    The governor described Makanjuola as a man that has stayed in an uncommon terrain by the kind of business he does with Caverton, and commended him for the giant stride he has made.

    He said: “It gladdens my heart that indeed, we can have maintenance of aircraft at this highest level, all just tucked in quietly in Lagos and nobody makes a lot of noise about it. I thought that was all. Now to also come into a facility that has world-class simulators where we can train, we can retrain, we can certify pilots of various grades. I think it’s an investment indeed.

    “We need to commend the leadership of Caverton for being very audacious and for taking these right steps.

    “Today we have seen the unveiling and the commissioning of a new simulator, the Leonardo AW109 simulator. I’ve been to a foreign simulator, but this is my second time, and I tell you, it doesn’t come any better than this. It is real and it has all of the trappings that are inside an aircraft.

    “With this bold steps, Caverton is preventing capita flight as all the training are done locally,” he said. 

    Read Also: Rivers Crisis: Wike now Dean of Politics in Nigeria – APC

    According to Governor Sanwo-Olu,  “With this new innovation, the number of skills,  the number of military and commercial operators that will come to a facility like this to get adequate training will increase.  Training that is normally being carried out abroad  has now been created in our country and in Lagos. And I want to enjoin all players in the industry to rally  and  support investment like this. “Let us ensure that whatever training that we require that does not need us to go abroad, we have it all in our locations and in our facility here in Lagos. And I want to commend the leadership and the management of Caverton.”

    The governor ended his speech by commending the company for its safety standard at every level.

    Earlier in his welcome address, Chief Executive Officer of the company, Olabode Makanjuola, said: “Today is a special day for us as we welcome you all to the launch of Caverton’s AW109 simulator!”

    “It is a a significant milestone in the advancement of aviation training in Nigeria, as we proudly unveil Caverton’s second simulator dedicated to supporting Nigerian pilots and the country’s rotary wing industry. 

    “Our first, a full reality AW 139 Simulator enables us to provide comprehensive and realistic training for our pilots, ensuring the highest standards of safety and operational excellence. The brand new AW109 simulator stands as a testament to our commitment to enhancing the capabilities of our pilots and ensuring the highest standards of safety and proficiency in aviation operations.

    “The AW109 helicopter holds a pivotal role in Nigeria’s aerospace landscape, being utilized by crucial entities such as the Navy, Air Force, NIMASA, as well as various civil operators. As such, the introduction of this simulator is a crucial step towards bolstering the competence and preparedness of our pilots who rely on this sophisticated aircraft for a diverse array of missions,” he said.

    Noting that Caverton’s investment in the state-of-the-art simulator underscores the company’s dedication to fostering a culture of excellence and innovation within the Nigerian aviation industry, Makanjuola said: “By providing our pilots with access to advanced training resources, we are not only elevating the standards of safety and operational efficiency but also positioning Nigeria as a regional hub for cutting-edge aviation training and expertise.”

    Others who gave goodwill messages at the occasion included the Deputy Governor Obafemi Hamzat, and the Chief of the Naval Staff, Vice Admiral Emmanuel Ikechukwu Ogala, represented by Rear Admiral Bolaji Orederu.

    In his remarks, Deputy Governor Hamzat described the discoveries at Caverton training facility as inspiring.

    Delivering a message on behalf of the Chief of Naval Staff, Rear Admiral Orederu found Caverton’s effort as an achievement that has reduced the stress and cost involved in aircraft maintenance, repairs and training of Nigerian pilots abroad.

     Makanjuola said: “When I was 75  last week, I said I am no more a participant but an adviser to the company”.

    He, however, announced the coming of third simulator, saying that what he had done in the business was to guide the managers who are Bode and Rotimi Makanjuola among others.

    “We look for where the problem is and we provide solution. What I do tell them is to always raise the bar. I tell them that you don’t wait for competitors to come and compete with you before you start raising your bar,” the Chairman said.

    Explaining the beauty of having the MRO and training centre with simulator on ground, 75-year-old Makanjuola said before now, it used to cost Caverton $2 million to train its pilots abroad but that with the simulator available here in Nigeria and at the facility, “We don’t have to do it abroad anymore but right here.”

    He thanked the Federal Government for creating the enabling environment leading to the success of the company.

    He said: “When I started, I didn’t have the money. With the support we got, here we are. Today “if I go to Bank of Industry  and ask for €5 million, they won’t ask me what I  want to use it for because they know that I pay back.”

  • Caverton expands, acquires FirstBell 429 for Cameroon’s operations

    Caverton expands, acquires FirstBell 429 for Cameroon’s operations

    Caverton Helicopters, an aviation firm engaged in contract charters, shuttles and maintenance of fixed and rotary wings aircraft .has acquired a new helicopter for offshore operations in Cameroon.

    The helicopter, Bell 429 is the first of its kind to operate in West Africa in the oil and gas market.

    Bell Textron Inc., a Textron Inc. company, announced a signed purchase agreement with Caverton Helicopters Limited for a Bell 429, which will be utilised for offshore operations in Cameroon.

    Senior Vice-President, International Sales for Bell Textron, Patrick Moulay said, “Caverton’s choice to introduce the Bell 429 into its fleet not only demonstrates the strengthening of our relationship with Caverton, but also the Bell 429’s ability to exceed the critical requirements of West Africa’s offshore utility market. The hard-working men and women who are the core of the most important industries in West Africa will come to count on the Bell 429 to ensure mission success.”

    Caverton Helicopters is a subsidiary of the Caverton Offshore Support Group Plc (COSG), which is a fully integrated offshore support company providing aviation and marine logistics services to businesses operating in the oil and gas industry in Nigeria and across West Africa.

    Read Also:Caverton Marine bags SON’s ISO 9001:2015 certification

    Chief Operating Officer of Caverton Offshore Support Group, Rotimi Makanjuola said “Having operated a variety of Bell products across our operations over the years, we are excited to continue with this brand, synonymous with excellent performance. Introducing the Bell 429 into our fleet is an exciting milestone for us and will enable us to provide the best support for our oil and gas clients across the continent.”

    There are currently more than 450 Bell 429s operating around the world, with over 602,000 global flight hours.

    The Bell 429 keeps crews safe in treacherous environments and protected from wear, combining a large multi-mission cabin with impressive speed and modern technology to provide capabilities that are critical to operators around the globe.

  • Caverton to acquireThales simulator for AW139

    As part of steps to make inroad into flight simulation training services, Caverton, a key  player  in aviation and marine logistics in the Nigeria oil and gas sector, is set to commence AW139 Simulator training to pilots.

    Chairman of Caverton Offshore Support Group Aderemi Makanjuola spoke in a statement in Lagos, yesterday.

    He said Caverton would acquire Thales’s AW139-configured Reality H Full-Flight Simulator to accomplish its ambition of contributing to improving the safety of helicopter flights in the Nigerian and regional aviation sector.

    The Reality H Full-Flight Simulator , he said  will support a large range of training needs, inTraining and Proficiency Checks for both Visual Flight Rules (VFR) and Instrument Flight Rules (IFR), including offshore missions and Very Important Persons operations to unprepared landing sites.

    The facility, he said, would be qualified to meet European Airspace Safety Agency (EASA) Level D standard, the highest level of qualification for a simulator.

    The simulator , he added, would be installed at Caverton’s new training centre, designed to meet the increased demand for helicopter pilot training and to eliminate challenges experienced by pilots aiming to obtain initial and recurrent training.

    The centre , he further added, was being set up on the same site as Caverton’s new Maintenance, Repair and Overhaul (MRO) facility at Murtala Muhammed International Airport in Ikeja, Lagos State.

    He said: ‘’The Thales Reality H Full Flight Simulator is the world’s most advanced commercial helicopter simulator, and will be used to provide realistic scenario-based flight and mission training to AW139 helicopter operators in the region as well as Caverton’s own pilots and crews.

    “The simulator being delivered to Caverton will enable pilots that fly AW139 twin-engine helicopters – one of the most popular helicopter platforms in Nigeria and the region– to be fully immersed in a realistic virtual environment representing Nigerian operational areas, and learn to handle a multitude of system failures and overcome very complex malfunctions should they arise in the real world. Pilots can thus train safely in high-risk mission scenarios in a range of weather conditions…’’

    “ We are delighted to add Thales to our growing list of partners and we are confident in providing the best helicopter training with this Full Flight Level D Simulator. Safety is our priority at Caverton and we are committed to improving flight safety across our industry and the region through simulator-based training. The new training center being the first of its kind in Africa and will advance safety for the dedicated men and women who fly every day.”