PHOTO: FG Introduces Proof Of Ownership Fee For Vehicles
The Federal Government has introduced a new requirement for all categories of vehicles to pay an annual fee of N1,000 for Proof of Ownership Certificate (POC).
The Permanent Secretary of the Lagos Ministry of Transportation, Engr. Abdulhafiz Toriola who announced the implementation of the initiative
during a press conference in Lagos on Tuesday, said the policy is expected to take effect from July 2023.
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He said: “This certificate upon successful completion of the necessary requirements and procedures, will serve as part of official documentation of a vehicle’s legal owners.”
Its purpose, according to him, is to ensure compliance with the legal requirement outlined in 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.” Additionally, Section 73-(1-6) mandates the establishment and maintenance of a Central Database for Vehicles and drivers across the federation.
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Toriola explained that the POC would affect all classes of vehicles from motorcycle, to tricycle, to mini vehicles, saloon cars, all classes of trucks, articulated vehicles and such likes that conveys people or products from one point to the other.
The certificate will also 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.
