The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria to retain its current subscription prices until the ongoing probe into its planned price hike is concluded.
Recall that MultiChoice announced price adjustments on all DStv and GOtv subscription packages on Monday, with effect from March 1, 2025.
Consequently, the Commission summoned the satellite television service provider over the proposed increment, stating that the investigation aligns with its Sections 32 and 33 of the Federal Competition and Consumer Protection Act (FCCPA) 2018.
In a statement released by Ondaje Ijagwu, the Director, Corporate Affairs of FCCPC on Thursday, he stressed the need to retain the current pricing until the conclusion of investigation.
“This directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission. While the FCCPC has granted the request, the company is now required to attend the rescheduled investigative hearing on March 6, 2025, along with all relevant officers and a comprehensive response.
“Pursuant to this, 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 noted.
Ijagwu explained that maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period, assuring that further updates will be provided as the investigation progresses.
