Business
ITF Launches New Taskforce On African Maritime
The International Trans
port Workers’ Federation (ITF), an affiliate trade union located in Mombasa, Kenya last week launched a new taskforce to protect the rights of African workers in the offshore sector to fight for more jobs for African nationals in the indigenous hydrocarbon industry.
A document made available to The Tide in Lagos last Monday,disclosed that as part of its aims, the new ITF African Regional Offshore Oil and Gas Task Force Group (AROTFG) will campaign to secure national cabotage and continental shelf jurisdiction in the offshore oil and gas sector.
It will also check any abuses by companies of African workers’ rights, particularly where they contravene the Maritime Labour Convention 2006 (MLC), and the seafarers’ bill of rights.
The MLC, which came into force on August 20, is the ‘fourth pillar’ of global maritime regulation, alongside existing international conventions on safety at sea, marine pollution, seafarer training and certification.
It is aimed to promote decent living and working conditions in the shipping industry, and to prevent exploitation and unfair competition, as well as uphold the principles of freedom of association and the rights to fair terms of employment.
Speaking at the meeting, the ITF Africa Regional Secretary, Joe Katende said: “This is an historic event. The AROTFG, backed by the ITF and its global Offshore Task Force Group (OFTG), will send a signal to governments and the hydrocarbon industry that African workers are sick and tired of hearing excuses from the industry.
“It is time the industry backed African workers in developing their skills and finding job opportunities on their own continental shelf.”
In his speech, the chairman, ITF Offshore Task Force Group Norrie McVicar applauded the developments in Africa, and called upon the Nigerian Government to show leadership in the region by being the first to review its own cabotage regulations, particularly, where it is known that there is a clear abuse of the ‘waivers system’ that is undermining job and training opportunities for Nigerian seafarers.
McVicar thanked the Kenyan Maritime Authority in Mombasa for its support and involvement in the ceremony.
Trade Unions representatives from Nigeria, in attendance include the National President, Nigerian Merchant Navy Officers and Water Transport Senior Staff Association, Engineer Matthew Alalade and the Deputy President General of Maritime Workers Union of Nigeria (MWUN) Douglas Eromobor.
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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.
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