FCCPC Directs MultiChoice To Suspend Fee Hike
According to the Federal Competition and Consumer Protection Commission (FCCPC), DStv and GOtv’s operator, MultiChoice Nigeria, must continue to offer its current subscription prices pending the conclusion of a study into the proposed tariff adjustment.
Ondaje Ijagwu, FCCPC’s director of corporate affairs, made this known in a statement released on Thursday.
Due to concerns over recurring price increases, MultiChoice requested an extension of its scheduled appearance before the commission, which is now subject to the directive.
FCCPC Summons MultiChoice Over Subscription Rate Increase
Although FCCPC granted the company’s request to postpone the session, it has now rescheduled the hearing for March 6, 2025, mandating the company’s CEO, relevant officers, and a comprehensive response to the inquiry.
“As part of this directive, MultiChoice is expressly instructed to maintain the existing price structure as of February 27, 2025, pending the commission’s review and final determination on the matter”, the statement read.
The organization added that the agency’s goal with the decision to freeze prices is to stop potential consumer exploitation while the investigation is ongoing.
Earlier, the regulator summoned MultiChoice’s Chief Executive Officer to appear before it on February 27 for an investigative hearing.
RELEASE: FCCPC Directs MultiChoice to Maintain Current Prices Pending Investigation
MultiChoice Nigeria’s current subscription prices must remain the same as they were while the Federal Competition and Consumer Protection Commission (FCCPC) is looking into its proposed… pic. twitter.com/StKib07JIZ
According to a review of its pricing structure, MultiChoice had informed its customers of the impending price adjustment on Monday.
Subscribers expressed concern about the development, which the company claimed was necessary to keep providing world-class content.
Under the proposed adjustment, the DStv Compact package would be increased, while the Compact Plus and Premium bouquets would remain at N30, 000 and N44, 500, respectively.
Source: Channels TV
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