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- Nigerians volition wage much to get oregon renew their conveyance licenses and documentation, opening June 8, 2025
- The Joint Tax Board (JTB) has announced terms increases for centrifugal vehicles licences, including tricycles
- The caller terms adjustments are much than a 100% increase, which the JTB said was owed to incidental charges
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
The outgo of owning and driving a conveyance volition summation substantially successful Nigeria arsenic the Joint Tax Board (JTB) has announced large terms hikes for centrifugal vehicles and motorcycle licenses nationwide.
The crisp terms increases volition go effectual connected June 8, 2025, and volition interaction each vehicles nationwide.
Source: Getty Images
Full terms database by JTB
The committee announced successful a paper work connected Thursday, May 15, 2025.
According to the publication, modular and commercialized fig plates volition outgo N30,000 from N18,750.
Fancy fig sheet owners volition wage N400,000 from N200,000, representing a 100% terms increase.
Motorcycle owners had their fig plates much than doubled from N5,000 to N12,000.
Articulated fig plates volition present outgo N90,000, a monolithic hike from N30,000.
Out-of-series fig plates experienced the highest leap from N50,000 to N150,000.
The study said that Driver’s licence fees person besides been increased. Drivers volition present wage N15,000 for a three-year license, from N10,000, portion a five-year licence rises from N15,000 to N21,000.
Motorcycle and tricycle owners saw their prices hiked, arsenic the three-year licence volition emergence from N5,000 to N7,00, and the five-year licence volition emergence from N8,000 to N11,000.
JTB explains the crushed for the increase
According to the JTB, these terms increases are owed to the enhanced information features introduced successful fig plates and driver’s licenses, arsenic good arsenic incidental increases successful accumulation costs.
It instructed each authorities agencies and Motor Vehicle Licensing Authorities to instrumentality the caller fees instantly they travel into effect.
The JTB asked Nigerians seeking to get oregon renew their documentation to use via the National Vehicle Identification Authority office, wherever they volition beryllium provided with the caller prices.
Imported conveyance prices to rise
The improvement comes arsenic clearing agents person disclosed that Nigerian conveyance importers whitethorn beryllium paying more owed to Donald Trump’s plans to enforce car tariffs of astir 25% and akin duties connected semiconductors and pharmaceutical imports.
Reports disclosed precocious that this is the latest successful a question of measures threatening to impact planetary trade.
Trump had said taxes connected cars would travel arsenic soon arsenic April 2, 2025, aft his furniture members were owed to supply feedback connected outlining options for a scope of import duties.
Trump had condemned what helium termed the unfair attraction of US car exports successful overseas markets.
Mandatory documents, items FRSC checks successful your vehicle
Legit.ng earlier reported that the Federal Road Safety Commission (FRSC) is empowered by instrumentality to transportation retired routine checks connected each vehicles plying large routes successful Nigeria.
Section 19 of the FRSC (Establishment) Act 2007 empowers the Commission to halt vehicles and transportation retired checks to guarantee they comply with requirements laid down by the law.
According to the law, “personnel of the commission, who are exposed to precocious hazard successful the enforcement of the provisions of this act, shall person aforesaid powers, authorities and privileges, including the powerfulness to carnivore arms.”
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Source: Legit.ng
