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Thursday, April 18, 2024

Tinubu imposes N1,000 annual fee on motorists for Proof of Ownership Certificate

The Federal Government has introduced an annual fee of N1,000 to be paid by vehicle owners for Proof of Ownership Certificate (POC) verification.

Permanent Secretary, Lagos Ministry of Transportation, Abdulhafiz Toriola, made the announcement at a press conference in Ikeja on Tuesday (today).

He said the certificate will help vehicle owners and the government to 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.

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 ‘There shall be Proof of Ownership Certificate for all registered Vehicles’. Section 73- (1-6) also added that ‘The commission shall establish and maintain a Central Data Base for Vehicles and drivers for the federation.”

According to him, “To this end, the Federal Government has introduced the issuance of annual Proof of Ownership Certificate for all registered vehicles.

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“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.”

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