Motorists in the country will now be required to pay an annual fee of N1,000 for the verification of their Proof of Ownership Certificate, as announced by the Federal Government.
Abdulhafiz Toriola, the Permanent Secretary of the Lagos Ministry of Transportation, announced this in a statement on Tuesday.
The aim of the certificate is to ensure that both vehicle owners and the government can guarantee the integrity of all vehicles registered on the National Vehicle and Identification Scheme database, as well as track car theft and facilitate the recovery of stolen vehicles.
Toriola emphasized that the introduction of the annual Proof of Ownership Certificate aligns with the government’s commitment to transparency, security, and accountability within the transportation network.
He further explained that the certificate would serve as an official document indicating a vehicle’s legal ownership after fulfilling the necessary requirements and procedures.
The Proof of Ownership Certificate will contain essential information, including the vehicle’s registration details such as license plate number, model, year of manufacture, as well as the owner’s name and address.
In response to the challenges faced in ensuring the promotion of safety and security of lives and property through the issuance of the Proof of Ownership Certificate nationwide, the Joint Tax Board adopted a resolution during an emergency meeting held on May 9, 2023.
This resolution mandates the issuance of proof of ownership to motorists on an annual basis across the country.
Starting in July 2023, Lagos State will begin collecting motorists’ fee for the Proof of Ownership Certificate.