The FG has introduced an annual fee of N1000 on all vehicle owners in the country for a Proof of Ownership Certificate (POC).
This was announced yesterday by the Permanent Secretary of the Ministry of Transportation, Abdulhafiz Toriola at a press conference in Lagos.
This certificate will include the necessary details of vehicles' registration details, number plates, model etc.
This will be done to ease the documentation process of all vehicle owners and also reduce the rate of car theft and recovery of stolen vehicles.
He said, "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.”
This was announced yesterday by the Permanent Secretary of the Ministry of Transportation, Abdulhafiz Toriola at a press conference in Lagos.
This certificate will include the necessary details of vehicles' registration details, number plates, model etc.
This will be done to ease the documentation process of all vehicle owners and also reduce the rate of car theft and recovery of stolen vehicles.
He said, "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.”