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FG Imposes N1,000 Annual Fee On Motorists For Proof Of Ownership Certificate
Federal government imposes N1,000 annual fee on motorists for proof of ownership certificate (PoC).
Upon completion of procedures, PoC will serve as official documentation of a vehicle’s legal owners.
PoC will contain vehicle’s registration details such as license number plate, model, year of manufacture.
The Federal Government of Nigeria has introduced an annual fee of N1,000 that will be paid by vehicle owners for Proof of Ownership Certificate (POC) verification.
Permanent Secretary, Lagos Ministry of Transportation, Abdulhafiz Toriola, made this known on Tuesday, June 27.
Toriola disclosed that the certificate would help vehicle owners and the government guarantee the integrity of all vehicles registered on the National Vehicle and Identification Scheme (NVIS) database and track car theft and recovery of stolen vehicles.
According to him :
“The annual Proof of Ownership Certificate is in line with compliance with legal requirements fundamental to transparency, security and accountability within transportation network.
“To this end, the Federal Government has introduced the issuance of annual Proof of Ownership Certificate for all registered vehicles.
“This certificate will serve as official documentation of a vehicle’s legal owners upon successful completion of the necessary requirements and procedures.
“The POC will contain vital information including the vehicle’s registration details, such as, license number plate, model, year of manufacture in addition to owner’s name and address.
“Having critically reviewed the challenges encountered in ensuring promotion of Safety and Security of lives and property through the issuance of POC nationally and especially in our Dear State, the Joint Tax Board in its communiqué issued at the end of the emergency meeting held on 9th May, 2023 adopted and made a resolution that proof of ownership certificate (PoC) be issued to motorists on an annual basis nationwide.”
