Nigerians are expected to pay more for their vehicle and drivers license renewals and new ones even as the Joint Tax Board (JTB) has approved an increment in price.

The new price adjustment will be effective Sunday, 8th June 2025.

By this announcement, the JTB, being the apex body for revenue authorities in Nigeria, urges affected members of the public to take note of the new prices, and implores relevant government agencies and Motor Vehicle Licencing Authorities to comply with the price adjustment.

In an advertorial sighted in one of the national dailies, the new approved prices for Motor Vehicle and Motorcycle number plates and driver’s licence as approved are as follows: Motor vehicle driver’s license for three years is N15,000 while for five years is N21,000. For tricycle/motorcycle drivers license, three years is N7,000 while five years is N11,000.

For number plates, the prices range in different categories and are as follow: Standard private vehicle number plate is N30,000; Standard commercial number plate, N30,000; Articulated vehicle number plate is N90,000; Dealer vehicle number plate is N100,000; Out of series number plate is N150,000; Fancy vehicle number plate is N400,000; Government standard vehicle number plate is N80,000; Government fancy vehicle number plate is N120,000.

Motorcycle number plate is N12,000; Fancy motorcycle number plate N50,000; Goverment standard motorcycle number plate – N20,000 and Govemment fancy motorcyle number plate N50,000.

The price adjustment, according to JTB, is due to the introduction of enhanced security features in the number plate and driver’s licence and incidental increase in production cost.

JTB stated that information on the price adjustment is on the Federal Road Safety Corps (FRSC) website,www.frsc.gov.ng and the Motor Licencing Authority (MLA) at States’ Internal Revenue Service offices, or Motor Vehicle Administration Authorities across the country.

They noted that the price adjustment applies nationwide.

The Guardian