Following this afternoon’s crashlanding of a helicopter with the Vice President Professor Yemi Osinbajo on board,  Caverton Offshore Support Group (parent company of Caverton Helicopters) has released an official statement.

In the statement signed by its Managing Director Captain Josiah Choms, the company attributed the accident to adverse weather conditions.

An Augusta AW139 Helicopter, under management by Caverton Helicopters was involved in a mishap on landing in Kabba, Kogi State around 3pm today (2nd February 2019) as a result of unusual weather conditions.  There were no injuries to the passengers or crew onboard and they were all quickly and safely evacuated.
The relevant authorities have been duly informed and an investigation into the incident has commenced.

The company also stated that it would support the authorities as required, and was unwavering in its commitment to safety in its operations.

We wish to reassure the public and our various stakeholders of our unwavering commitment to safety in all of our operations.

Caverton Offshore Support Group closed at N2.20 on Friday’s trading session on the Nigerian Stock Exchange, unchanged from the prior day.

Results for the third quarter ended September 30, 2018, shows revenue for the group increased from ₦14.83 billion in 2017 to ₦23.16 billion in 2018. Profit Before Tax increased from ₦1.89 billion in 2017 to ₦2.63 billion in 2018.

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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