The Joint Tax Board (JTB) has approved new rates for the issuance of national drivers licences and vehicle number plates, set to take effect from November 1, 2024.
The revised rates aim to enhance the quality and security features of these identification documents, in line with international standards.
Under the new pricing structure, Nigerians will now pay N15,000 for a three-year motor vehicle driver’s licence, while a five-year licence will cost N21,000. Motorcycle and tricycle drivers will face an increase as well, with a three-year licence priced at N7,000 and a five-year licence at N11,000.
For vehicle number plates, the new rates start at N30,000 for both standard private and commercial vehicle plates. Fancy number plates will cost N400,000, while motorcycle plates are priced at N12,000. Dealer vehicle number plates will be issued for N100,000.
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Those who want fancy vehicle plates will pay a fee of N120,000. For those who prefer standard plates, the price is set at N80,000. Additionally, for government motorcycles, the number plate fees have also been updated. Fancy number plates for these vehicles will cost N50,000, while the standard plates will be available for N20,000.
The JTB has explained that these changes in pricing are meant to enhance the security features of the plates. By including improved security measures, they aim to make it easier to identify drivers and vehicles throughout the entire country. These updates are not just about the cost; they are about making the roads safer and more organized for everyone. By investing in better security for number plates, the JTB hopes to create a system that helps in tracking down vehicles and drivers when necessary, boosting overall safety and accountability on the roads.
Olusegun Adesokan, Secretary of the JTB, emphasized the importance of public awareness and education regarding the new rates. In a circular obtained by our correspondence, Adesokan stated, “The secretariat has requested that the Federal Road Safety Corps (FRSC) notify the JTB of its public engagement and sensitisation plans. We believe that a robust engagement will ensure a seamless implementation of the revised rates.”
The FRSC is expected to spearhead the public sensitisation campaign ahead of the November implementation.