Wednesday, August 04, 2021

FG approves new rates for driver licenses, number plates - ITREALMS

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The Federal Government has approved an upward review of rates payable by motorists to obtain driver licenses and new number plates across the country, as part of the measures to increase revenue for the country, reports 
For standard private number plates and commercial number plates amongst others, ITREALMS gathered, is now N18,750 as against the previous rate which was at N12, 000.

ITREALMS also gathered that the apex government through the Joint Tax Board (JTB) approved that drivers’ licenses for three years and five years would cost N10,350 and N15,450 respectively as against the previous rate which was N6, 450, and N10, 450.

ITREALMS equally gathered has directed all State Boards of Internal Revenue to ensure adherence to the newly approved rates beginning from August 1st, 2021.

Affirming this to 
ITREALMS, the General Manager, Lagos State Motor Vehicle Administration Agency (MVAA), Mrs. Lape Kilanko, said that the approval was conveyed in a letter issued by the JTB on 30th July 2021 and was addressed to the Governor, Babajide Sanwo-Olu.

Kilanko was quoted in a press statement available to 
ITREALMS as noting that the letter was forwarded to the 36 State Governors to ensure uniformity across the country, Kilanko said that the Lagos State Government would comply with the directives on the sale of vehicle number plates and issuance of drivers’ licenses.

According to her, the letter implored all State Boards of Internal Revenue to ensure strict adherence to the approved rates for uniformity in the administration of road taxes in Nigeria.

Ayo Midele/Editor

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