Business
Crisis Brews in TUC Over Confab Nominees
Crisis is brewing within the
peaceful and stable 25 affiliate unions of the Trade Union Congress of Nigeria (TUC) as 14 affiliate unions are challenging the sole power of its President General Comrade Boboi Bala Kaigama to unilaterally nominate TUC’s delegates to the ongoing national conference in Abuja.
According to a protest letter signed by the 14 affiliate unions leadership and addressed to the TUC National Secretariat obtained by The Tide from the union office in Port Harcourt, they accused the president general of single-handedly selected the congress representatives without due consultation with the affiliate unions as provided in the constitution of the congress.
The letter contended that TUC has no representatives at the ongoing national conference since no approval was given to any representative as enshrined in the congress constitution and no position taken by any organ of the union.
The protesting affiliate unions cited the TUC constitution under rule 9 (xv) which states “the Central Working Committee (CWC) shall open the recommendation of the National Administrative Council (NAC) approves the representatives of the congress of statutory commissions, boards and other important external bodies”.
The affiliate unions said they are worried at the manner the leadership of the congress under Boboi Bala Kaigama has been flouting the constitution of the congress since his assumption of office in June 2013 from the public sector.
The affiliates condemned in strong term the manner in which the President General and the secretariat are running the administration of the congress.
The concerned affiliate unions said the president general since assumption of office has refused to convene any regular meeting of the constitutional organs of the congress to deliberate on any issue affecting the TUC.
They alleged that the congress constitution states as follows rule 8(xx) “The National Executive Council (NEC) shall be meeting in every six months.
Rule 9(x) The Central Working Committee (CWC) shall meet in every quarter.
Rule 10(b) (vii) “The National Administrative Council (NAC) shall meet at least four times in every year”.
They stated that aside from the inaugural meeting of the NAC comprising all elected executive members meeting, the congress has never had any other meeting in the last nine months ago.
The affiliate unions said no argument, no matter how strong, could be used as an excuse to breach a functional constitution, stressing that the operations of the labour centre should be conducted in honest and transparent manner.
However, The Tide’s finding revealed that TUC is administered on a daily basis by the secretariat of the labour centre headed by the secretary-general who is a full-time appointed staff and assisted by departmental heads.
The union is directly supervised by the CWC or the NAC regarded as the lowest organ of the centre and made up of all elected national officials, including the secretary-general and heads of departments.
The CWC reports to the National Executive Council (NEC) the higher organ made up of the principal officers of the states’ councils, the union’s national officers, presidents and general secretaries of affiliate unions who are CWC members.
The TUC’s highest organ is the delegates conference that has over-reaching authority on every facet of the labour centre.
All efforts by The Tide to speak with an official of the TUC who is a national officer and member of the central working committee of the union proved abortive before filing the report.
Philip Okparaji
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
