Breaking: FG imposes N1,000 annual fee on motorists for Proof of Ownership Certificate

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CURRENT REPORT BLOG: In a recent press conference held in Ikeja on Tuesday, June 27, Abdulhafiz Toriola, the Permanent Secretary of Lagos Ministry of Transportation, announced the Federal Government’s new initiative to implement an annual fee of N1,000 for the Proof of Ownership Certificate (POC) verification. This measure aims to enhance the security and integrity of registered vehicles in Nigeria and facilitate the tracking of stolen vehicles. In this blog post, we will delve into the details of this new policy and its significance in promoting safety and security on the roads.

Ensuring Vehicle Ownership Integrity

The National Road Traffic Regulation 2012 as amended, No. 101, Vol. 99, Section 73- (1) mandates the issuance of a Proof of Ownership Certificate for all registered vehicles. The objective is to establish a comprehensive and centralized database of vehicles and drivers across the federation. By implementing this annual POC verification fee, the Federal Government seeks to guarantee the integrity of vehicles registered on the National Vehicle and Identification Scheme (NVIS) database.

Benefits of the Proof of Ownership Certificate

The Proof of Ownership Certificate serves as official documentation of a vehicle’s legal ownership. Upon successful completion of the necessary requirements and procedures, vehicle owners will receive the POC, containing crucial information such as license plate number, model, year of manufacture, owner’s name, and address. This certification not only enhances the accountability of vehicle ownership but also facilitates efficient tracking and recovery of stolen vehicles, ensuring a safer environment for all road users.

Addressing Safety and Security Challenges

The introduction of the annual Proof of Ownership Certificate aligns with the government’s commitment to promote safety and security on the roads. By establishing a centralized database and implementing comprehensive verification processes, authorities can effectively track vehicle ownership and identify potential cases of car theft. This proactive approach aims to mitigate the risks associated with stolen vehicles and provide a robust mechanism for their recovery.

Collaborative Efforts for Nationwide Implementation

Recognizing the significance of this initiative, the Joint Tax Board issued a communiqué on 9th May 2023, adopting and resolving that Proof of Ownership Certificates be issued to motorists on an annual basis nationwide. This collaborative effort demonstrates the commitment of various stakeholders to enhance safety and security measures, ensuring a harmonized approach across the country.

Conclusion

The introduction of the annual Proof of Ownership Certificate (POC) verification fee marks a significant step towards enhancing the security and integrity of registered vehicles in Nigeria. This measure aligns with the National Road Traffic Regulation 2012 and aims to establish a centralized database for efficient tracking and recovery of stolen vehicles. By adhering to this new policy, vehicle owners contribute to the overall safety and security of road users while ensuring compliance with government regulations. Let us embrace this initiative and work together towards a safer and more secure transportation system for all.

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