News
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.”
-
Celebrities Auto5 days agoDavido Orders $15 Million One-of-One Custom Mansory Hypercar, Rumored To Be Based On A Bugatti Centodieci
-
Celebrities Auto5 days agoA Closer Look At Cristiano Ronaldo’s 9 Rare Hypercars : Chiron, Centodieci, AMG One & Monza SP1
-
Celebrities Auto6 days ago“My Toys,” Cristiano Ronaldo Says As He Shows Off His Car Collection Worth $40 Million
-
News4 days agoToyota Recall Over Half A Million Camry Sedans
-
News4 days agoLamborghini Revuelto SV Sets Production-Car Lap Record Ahead Of August 14 World Premiere
-
Latest Cars1 week agoChery-JLR Begins Production Of Freelander 8 Ahead Of Global Launch
-
News1 week agoMercedes-Maybach Likes Fan’s First Drive Photos Of The New V12 Mercedes-Maybach S-Class
-
Latest Cars1 week agoHome And Office On Wheels : Xiaomi Unveils SkyNomad N70 Max, Flagship N90 Max “Reconfigurable” SUVs