KEMMCOM Media and Communications

Excise tax hikes lead to fewer vehicle title certificates

By: Yonas Abiye
Published On: August 14, 2021

The Federal Transport Authority has issued fewer title certificates to new entrant vehicles to roll over the country’s roads for the first time in over a decade in relation to the full enforcement of the excise tax law, The Reporter has learned.

Despite refusing to provide specific figures, a top official at the Authority told The Reporter that since the full implementation of the excise tax law, the number of customers seeking title certificates for their new vehicles has dramatically decreased.