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THE Federal Government has commenced the implementation of new rates for vehicle number plates and driving licence across the country.
Fancy number plate which was N80,000 is now N200,000; motorcycle number plate is N5,000 from N3,000 while articulated number plates attract N30,000 from N20,000. For these rates, the minimum increase is 50 per cent. Driving licence was raised to N10,000 from N6,000, excluding bank charges; licence for five years is N15,000 from N10,000 while motorcycle/tricycle driving licence goes for N5,000 from N3,000 while the one for five years attracts N8,000 from N5,000.
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.
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