The Federal Government of Nigeria expects a windfall of billions of naira from the recently implemented automobile tax. The imposition of an annual levy of N1,000 for a Proof of Ownership certificate will help the Federal Government’s finances. With over 12 million automobiles in the country, this might result in anticipated gross receipts of N12 … Continue reading Proof of Ownership: The Federal Government of Nigeria expects to generate N12 billion from the sale of 12 million vehicles.