Tag: Motorists

Petrol pump price hits ₦1,380/litre

Aminu Imam
Petrol price hike

…Motorists, passengers lament Passengers have continued to express frustrations over the incessant increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol. From ₦790 per litre in February, petrol pump price has jumped to ₦1,380 in Lagos and Ogun states due to disruptions in oil supply occasioned by the ongoing Middle-East crisis. As the crisis persists, motorists are expressing fresh concerns over a possible increase in petrol prices in Nigeria following the global crude oil prices that surged to $114 per barrel. Most commercial bus drivers…

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Motorists to pay more for vehicle number plates, drivers licence from Nov

Aminu Imam
Motorists to pay more

.As JTB approves rate review From November 1, 2024, vehicle owners will be expected to pay N21,000 and N15,000, respectively, to obtain a five-year and three-year drivers licence. Also, a revised price to obtain a five-year and three-year drivers licence for a motorcycle/tricycle will be N11,000 and N7,000 respectively. The new rates followed a review recently approved by the Joint Tax Board, (JTB). However, Secretary of JTB, Olusegun Adesokan, in an issued circular, stated that the approval for the increased rates was subject to the ability of the Federal Road…

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