FG increases third-party vehicle insurance to N15,000
Nigeria Today

FG increases third-party vehicle insurance to N15,000

…says the new vehicle insurance rate will commence by January 1, 2023 The Federal Government has announced an increment in the amount payable on the compulsory vehicle third-party insurance by vehicle owners in Nigeria to N15,000 from the current N5,000, representing a 200 per cent increase. Also, the government stated that the new vehicle insurance rate

Read more