The Nigerian government has commenced the implementation of new rates for vehicle number plates and driving licences across Nigeria.
A statement issued by the Joint Tax Board states that a drivers license of three years validity would now go for N10,000 from its previous price of N6,000. This does not include bank charges. Drivers licence of five years validity is now N15,000 from N10,000 while motorcycle/tricycle driving licence with three years validity has been increased to N5,000 from N3,000 while the one with five years validity is now N8,000.
Private and commercial number plates have been increased to N18,750 from N12,500. Fancy number plate which used to cost N80,000 has been increased to N200,000; motorcycle number plate is now N5,000 from N3,000 while articulated number plates (three plates) now cost N30,000 from N20,000.
Also, out of series number plate has been revised to N50,000 from N40,000 while government fancy number plate has been increased to N20,000 from N15,000.
The decision to increase the rate was made during the 147th meeting of the JTB, which took place on March 25 in Kaduna.
A letter written by the JTB titled ‘Implementation of the revised rates for vehicles number plates and driver’s licence in Nigeria’, dated July 30, 2021, and signed by the board secretary, Obomeghfe Nana-Aisha, has ordered various federal and state agencies to begin the implementation of the rates.
The letter read: “You may wish to recall that at the 147th meeting of the Joint Tax Board held in Kaduna, Kaduna State on March 25, 2021, the board approved revised rates for the sale of vehicle number plates and driving licence in line with the recommendations of Appraisal and Technical Committee of the JTB.
“In the light of the foregoing, we wish to inform you that the Chairman, JTB, has approved Thursday, August 1, 2021, as the commencement date for the implementation of the new rates.”
