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Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
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.
Pursuant to this, MultiChoice has been instructed to maintain the existing price structure as of February 27, 2025, pending the commission’s review and final determination on the matter.
FCCPC, in a statement, yesterday, signed by its Director, Corporate Affairs, Ondaje Ijagwu, said maintaining the status quo on pricing was essential to preventing any potential consumer harm during the period. The commission said it would provide updates as the investigation progressed.
Recall that MultiChoice had, on Monday, announced an upward review on the subscription prices on both DStv and GOtv. Blaming the rising inflation and economic situation in the country, the South African firm had slammed about 20 per cent increase on the prices, effective March 1, 2025 in Nigeria.
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