Dear Colleagues,
Due to the rise in fuel prices (180% increase) and inflation, and to build funds for vehicle replacements in keeping with rising costs, SIM needs to increase the mileage rates for SIM vehicles. From 1st July 2023, rates for use of SIM vehicles will increase. For your convenience, the prices of each vehicle are listed below.
Blessings,
SIM Nigeria Treasurer
Mileage Rates 1st July 2023
Mileage rates SIM Nigeria
At Kilometre Rate |
|
Admin usage |
Other users |
Toyota Yaris |
RSH 922 KZ |
60 cents |
64 cents |
Toyota Corolla |
RSH 923 KZ |
60 cents |
64 cents |
Toyota Avensis |
BSA 630 FN |
48 cents |
52 cents * |
Toyota Dyna Truck |
BSA 463 AA |
60 cents |
100 cents |
Toyota Hiace White |
BSA 467 AA |
52 cents |
56 cents |
Toyota Hiace Big White |
BWR 201 AT |
60 cents |
64 cents ** |
Toyota Prado Jeep |
FST 125 FC |
80 cents |
84 cents ** |
Toyota Camry Black |
JJN139 AA |
80 cents |
84 cents |
Honda Odyssey |
JJN 148 TE |
60 cents |
64 cents * |
At Miles Rate |
|||
Toyota Sienna Ash |
BSA 450 SC |
96 cents per mile |
102 cents per mile ** |
Toyota Sienna blue |
BSA 451 SC |
96 cents per mile |
102 cents per mile |
Toyota Sienna B |
DNG 96 AA |
96 cents per mile |
102 cents per mile |
Toyota RAV 4 |
ABJ 373 BE |
96 cents per mile |
102 cents per mile |
Toyota Corolla |
RSH 923 KZ |
80 cents per mile |
84 cents per mile |
*These vehicles may be leased out to STAs and then would not be available for office use.
**Restricted drivers only
Rates for Ministry Reimbursements
Ministry |
|
Use of a personal vehicle |
|
Small cars 1600 cc or less |
52c |
Large cars 1601 cc and above |
56c |
Small vans |
56c |
Large vans |
64c |
Extra Rider for Airport trips attract a contribution payable to person booking the trip:
- SIM Missionaries N10,000 per person – one way trip
- Sister Missions N12,000 per person – one way trip
I would like to know what makes those milage rates. Can you give me the specifics of an example car?
Like
1) fuel usage and costst
2) yearly depreciation costs
3) depreciation costs per km or mile
4) annual costs like insurance
5) annual maintenance costs
6) maintenance cost per km or mile
Please contact Silas directly for the specifics on this. Thanks