Home News Motorists to pay N1,000 for proof of ownership certificate from July

Motorists to pay N1,000 for proof of ownership certificate from July

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Motorists to pay N1,000 for proof of ownership certificate from July

Tamarauemi Ebimini

From next month, private and commercial motorists are to pay a N1, 000 fee for proof of ownership certificates.

Hitherto, the document was issued for free to buyers of new vehicles by the Federal Road Safety Corps (FRSC).

The new fee is an additional charge besides payment for vehicle particulars and registration.

Permanent Secretary, Lagos State Ministry of Transportation, AbdulHafiz Toriola, who addressed a media briefing, yesterday, stated: “I am pleased to announce the implementation of a new initiative that aims to streamline and enhance the process of vehicle ownership verification, which is the ‘yearly Proof of Ownership Certificate (POC) in line with compliance with legal requirements fundamental to transparency, security and accountability within the transportation network.”

He continued: “This initiative is in accordance with the National Road Traffic Regulation 2012 (as amended) No. 101, Vol. 99; Section 73- (1), which states that ‘there shall be POC for all registered vehicles’. Section 73 (1-6) also added that ‘the commission shall establish and maintain a central database for vehicles and drivers for the federation.’

“To this end, the Federal Government has introduced the issuance of a yearly POC 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 licensed 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 May 9, 2023, adopted and made a resolution that POC should be issued to motorists on a yearly basis nationwide.”

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