“All registered vehicles shall have a Proof of Ownership Certificate.”- The Federal Government imposes a N1000 annual charge on vehicle owners

The Federal Government has established a new scheme that mandates all vehicle owners to pay a N1,000 annual charge for the verification of their Proof of Ownership Certificate (POC).

According to sources, the change is intended to simplify and tighten automobile ownership verification.

The Lagos State government will be in charge of collecting this fee beginning in July 2023.

Engr. Abdulhafiz Toriola, Permanent Secretary of the Lagos Ministry of Transportation, announced the initiative’s implementation at a joint news conference in Ikeja, Lagos.

Its goal is to verify that all registered vehicles comply with the legal requirement established in the National Road Traffic Regulation 2012, as modified, No. 101, Vol. 99, Section 73-(1), which specifies that;

“There shall be Proof of Ownership Certificate for all registered Vehicles.”

Furthermore, Section 73-(1-6) requires the creation and upkeep of a Central Database for Vehicles and Drivers across the federation.

Toriola stressed that the decision is intended to track the real-time status and integrity of all vehicles registered on the National Vehicle and Identification Scheme (NVIS) database.

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“To that end, the Federal Government has mandated that all registered vehicles receive an annual Proof of Ownership Certificate.”

“Upon successful completion of the necessary requirements and procedures, this certificate will serve as official documentation of a vehicle’s legal owners.”

“The POC will include vital information such as the vehicle’s registration details, such as license plate, model, and year of manufacture, as well as the owner’s name and address.”

“Having 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 communiqué issued at the end of the emergency meeting held on May 9th 2023 adopted and made a resolution that proof of ownership certificate (PoC) be issued to motorists on an annual basis nationwide,” he said.

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