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JUST IN: Federal Government Levies Motorists N1,000 Yearly For Proof OF Ownership Certificate

The Federal Government has introduced a new initiative requiring all motorists to pay an annual fee of N1,000 for the Proof of Ownership Certificate (POC) verification.

The move aims to streamline and strengthen vehicle ownership verification.

The Lagos State government will initiate the collection of the fee fromĀ  July 2023.

During a joint press conference in Ikeja, Lagos, the Permanent Secretary of the Lagos Ministry of Transportation, Engr. Abdulhafiz Toriola announced the implementation of the initiative.

He said the initiative was in accordance with the National Road Traffic Regulation 2012 as amended, No. 101, Vol. 99; Section 73- (1) which states that ā€˜There shall be Proof of Ownership Certificate for all registered Vehiclesā€™. Section 73- (1-6) also added that ā€˜The commission shall establish and maintain a Central Data Base for Vehicles and drivers for the federation.ā€

ā€œTo this end, the Federal Government has introduced the issuance of annual Proof of Ownership Certificate for all registered vehicles.

ā€œThis certificate will serve as official documentation of a vehicleā€™s legal owners upon successful completion of the necessary requirements and procedures.

ā€œThe POC will contain vital information including the vehicleā€™s registration details, such as, license number plate, model, and year of manufacture in addition to the ownerā€™s name and address.

ā€œHaving critically reviewed the challenges encountered in ensuring the 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 communiquĆ© 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,ā€ he said.

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