The federal government has revealed that it will make about 12 billion Naira yearly from the one thousand proof of ownership certificate verification fee imposed on motorists.
Recall that the permanent secretary at the Lagos Ministry of Transportation, Abdulhafiz Toriola had last week disclosed that the federal government introduced the issuance of annual proof of ownership certificate for all registered vehicles.
Toriola however assured that the government will secure the integrity of all vehicles registered on the national vehicle and identification scheme database and track car theft as well as recovery of stolen vehicles.