...electric Ferries: Caverton is Electrifying Nigeria's Inland Waterways
In what many described as a game changer in the history of inland waterways in Nigeria, Caverton Marine, proudly indigenous company broke the jinx when it announced the official demonstration of its pioneering electric vessel, the Electric OMIBUS. This marks a significant milestone in Nigeria's pursuit of sustainable, zero-emission marine and inland water transportation. On Monday November 24th, the media were invited to witness the live technical demonstration alongside senior government officials and institutional leaders during Demo Week Omibus Sea Trial held at the company's Corporate Headquarters located in Victoria Island, Lagos. This no doubt a momentous step toward a cleaner, more efficient transportation network for Nigeria
The future berths in Lagos, first city in Africa
The confidence was unshakable. The historic move being made behind the Victoria Island section of the Lagos Lagoon has paid off. After 13 months of extensive travelling to bring never-before-seen innovation to the African continent, the team heaved a sign of accomplishment, as the first electric ferry sailed across Lagos waters. One could feel the sense of accomplishment of a visioner and Chief Executive Officer of Caverton Offshore Support Group, Mr. Olabode Makanjuola who, along with his dedicated and committed team, has birthed the vision in collaboration with ever supportive government of Lagos State under Mr. Babajide Sanwo-Olu.
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 compared to traditional diesel-powered ferries. Caverton Marine's Omibus (100 % Electric) is now set to power Nigeria's Inland Waterways.
The new innovation came with an in-depth overview of the vessel's technology, battery management system, and operational advantages. This is a momentous step toward a cleaner, more efficient transportation network for Nigeria. 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. For a new innovation, how does it work? It 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 shows the 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 latest development, Caverton Marine has taken a historic step toward sustainable transportation in Nigeria with the unveiling of the Omibus, the country's first locally produced electric ferry. 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.
The initiative, which marks a watershed moment in Africa's transition toward clean mobility and safer water transportation and a "Demo Week" opened on Monday, November 24, 2025 at Falomo Jetty in Lagos, expected to bring together stakeholders from government, the marine industry, energy technology firms, the media, and transportation experts.
The objective of the stakeholder engagement sessions is to showcase the fully electric ferry, conduct live demonstration cruises, and provide first-hand insight into the technology powering what may soon become the future of aquatic mobility in Nigeria.
Welcoming guests and journalists to the event, Mr. Bode Makanjuola, CEO of Caverton Marine, 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."
Data behind the transportation dynamics in Lagos
The Caverton Marine's stance is backed by data showing that Lagos has at least 21.8m passengers moving around yearly, which leads to a chaotic transportation system and traffic challenges in a complex mega city like Lagos. However, 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.
According to Makanjuola, who 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.
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. This is part of that development; the minister is not just advocating for maritime infrastructural development but for water transportation in a sustainable and affordable way," he stated.
Integrating Sanwo-Olu's THEMES Agenda
Speaking further, 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 even 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."
According to Kunmi Agbaje, the Project Manager, the scheme is built on what he called 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.
Also speaking at the session, Jonathan Wang, the Executive Director of Explomar, a Chinese company that builds engines for high performance electric boats, China showed three videos of boats across the world with the theme of driving high-performance electric mobility worldwide.
According to him, 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.
"We are very honoured to be working with Caverton Marine regarding the opportunity to build this first electric ferry in Africa and the partnership has attracted a lot of attention from other countries across Africa. The electric ferry is good for water transportation in Africa and we are happy to be part of the initiative.
Also present at the session were officials from the Lagos State Debt Management Office, Federal Ministry of Marine and Blue Economy, Federal Ministry of Defence and the Nigerian Content Development and Monitoring Board.
From design to assembly, the Omibus project models what is possible when indigenous shipbuilding capability aligns with policy support and international technology partnerships. The ferry is built at Caverton's marine yard, led by veteran naval architect, Mohammed Ibrahim, who serves as Caverton Marine's General Manager on Production.
Transitioning from fuel engines to electric propulsion required extensive redesign. The original OMIBUS ferries carried 800-liter fuel tanks, now replaced by two 750-kg high-density battery packs, each delivering 125 kWh of clean power and soon to be upgraded to 180 kWh.
Why Inland Waterways should be embraced
Lagos State, the commercial hub of Nigeria, is surrounded by water, thus the movement of commuters, goods and services are difficult and manhours are lost daily in traffic. The infrastructure is inadequate, hence the alternative intervention between the Lagos State Government and the private sector such as Caverton Marine in water transportation.
With 21.8m passengers yearly, the move is aimed at addressing the transportation and traffic challenges of a complex mega city like Lagos. It is a fact that Lagosians spend an average of four hours commuting a distance of about 80 km by road while the same distance can be covered in less than 40 minutes by ferries on water.
This, according to analysts, represents a significant loss of over three and half hours sweating it out in the famous Lagos traffic. In fact, Lagos, which is referred to as the economic nerve centre of Nigeria, has a huge untapped potential in the water transport sector.
Data by the Lagos State Waterways Authority (LASWA), along with the management team of Caverton Marine's boatyard, revealed that no fewer than 21, 887, 738 persons travelled via the waterways in Lagos State last year (2023), representing a 55.2% increase over the 2021 figure of 14,105,816.
Seeing it as a viable venture, the Lagos State Government entered into a partnership with Caverton Marine to produce the boats locally at the Badore Jetty in Lagos to boost water transportation across the state. Addressing reporters in Lagos during a facility tour of the hub in February 2024, the Lagos State Commissioner for Transportation, Seun Osiyemi, said the state government decided to partner with Caverton Marine to enhance local boat production to tackle challenges in the state's waterways and reduce the cost of boat importation by 50% (backward integration).
The collaboration, the commissioner said, includes the local construction of 25 state-of-the-art ferries, each with a capacity for 40 passengers each, to create a viable and efficient water transportation system that will become an integral part of the state's transportation infrastructure. The Commissioner added that water transportation in the state and others has been plagued by numerous boat mishaps, resulting in approximately 900 lives lost in 2023. This has been attributed to the poor condition of the 2,200 boats operating on the waterways, 78% of which are reportedly not seaworthy, according to authorities.
From fossil fuel to electric ferry, Caverton Marine is indeed changing water transportation in Lagos. The innovation is in alignment with the transportation vision of Gov. Sanwo-Olu's administration towards establishing an alternative and sustainable mode of transport in Lagos with its popular slogan, "Let's keep Lagos moving."