Read Details As FG Introduces Annual Fee For Vehicle Ownership Verification

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

Unveiling the new policy at the Bagauda Kaltho Press Centre, Alausa, Lagos, the Permanent Secretary, Ministry of Transportation Engr AbdulHafiz Toriola said the certificate which will come into force in the State in July, would be part of the requirements for renewed annually.

What that means is that it is now mandatory that all vehicle owners, obtain as a matter of policy, the Proof of Ownership Certificate annually, unlike what hitherto obtained when you only obtain proof of ownership of vehicle when you purchase a used vehicle or changed the engine of your vehicle.

Read Details As FG Introduces Annual Fee For Vehicle Ownership Verification

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.”

Toriola explained that the POC which would affect all classes of vehicles from motorcycles, to tricycles, mini vehicles, saloon cars, all classes of trucks, articulated vehicles, and such likes that coveys people or products from one point to the other.

Toriola said it will contain vital information including the vehicle’s registration details, such as license number plate, model, and year of manufacture in addition to owner’s name and address.

​According to him, all States of the Federation are expected to begin the implementation of the new policy, and each vehicle owner is expected to pay a minimum of N1,000 to procure the document.

He alos 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.”

BY IYABO AINA

Publisher Of News Rain Nigeria