AS part of measures to increase revenues for the country, the Federal Government has approved an upward review of rates payable by motorists to obtain driver licenses and new number plates across the nation.
According to the new rate, standard private number plates and commercial number plates amongst others will now cost N18,750 as against the previous rate which was said to have been at N12,000.
Also, the 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.
Meanwhile, the FG has directed all State Boards of Internal Revenue to ensure strict adherence to the newly approved rates beginning from August 1, 2021.
Confirming the directives on Tuesday, General Manager, Lagos State Motor Vehicle Administration Agency (MVAA), Lape Kilanko, said that the approval was conveyed in a letter issued by the JTB on July 30, 2021 and addressed to the Governor, Babajide Sanwo-Olu.
Kilanko stated that the letter was forwarded to the 36 State Governors to ensure uniformity across the country.
She added that the Lagos State Government would comply with the directives on 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 across the country.
