Price Hike Alert: Driver’s License and Vehicle Number Plates to Skyrocket from November 1

Price Hike Alert: Driver’s License and Vehicle Number Plates to Skyrocket from November 1

Starting November 1, 2024, Nigerians will face a significant increase in the cost of obtaining Driver’s Licenses and Vehicle Number Plates. The Federal Government has approved new rates for these essential services, citing higher administrative and operational expenses.

Both new applicants and those renewing their documents will be affected, adding further strain to household budgets. With the price hike imminent, citizens are encouraged to plan accordingly, as concerns grow over the broader economic pressures across the country.