OGIRS Begins Enforcement Of E-Third Party Motor Insurance Scheme - EDU-BIZNEWS


Sunday, October 31, 2021

OGIRS Begins Enforcement Of E-Third Party Motor Insurance Scheme

Ogun State Internal Revenue Service (OGIRS) will begin the enforcement of the recently launched E-Third Party Motor Insurance Scheme as from thisTuesday, November 2,2021

Executive Chairman of  the revenue agency , Mr. Olugbenga Olaleye made this known during the launched of the scheme in Abeokuta

He urged  members of the public to ensure all outstanding tax liabilities, including vehicle papers are updated.

According to him,  the third-party insurance certificate is the least policy motorists must obtain, before being eligible to use the road, saying the scheme would be of great benefit to the motorists

 The State Government had flagged-off E-Third Party Insurance Scheme, to ensure efficient and transparent service delivery, that will make insurance firms accountable in all transactions.

 The Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo while officially flagging-off the scheme in Abeokuta, reiterated the present administration's interest to encourage holistic partnership with stakeholders by removing bottlenecks experienced by motorists in perfecting their vehicle papers.

Okubadejo said the scheme, when fully embraced, would eradicate fake insurance certificates and increase revenue generation into government coffers.

 "The present administration’s desire is to run a government that is inclusive, participatory, promotes efficiency, transparency and also encourages holistic partnership from Stakeholders that will contribute to economic development of the State", he said.

 Also speaking representative of the President of Nigeria Council of Registered Insurance Brokers (NCRIB), Barr. Oluwarotimi Edun and the Coordinator of the scheme, Mr. Akinyoola Moses, noted that the scheme would eradicate fake insurance certificate and also bring succour to the motoring public in case of eventuality.

Also present at the event were, representatives of Road Transport Employers Association of Nigeria (RTEAN), ACCOMORAN, AMORAN, POMO and Ministry of Transportation.

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