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Price Hike: FCCPC Summons MultiChoice

The Federal Competition and Consumer Protection Commission, FCCPC, has summoned MultiChoice Nigeria over its planned subscription price increase set to take effect on March 1, 2025.

In a statement by Ondaje Ijagwu, FCCPC’s Director of Corporate Affairs, the commission expressed concerns over the recurrent price hikes in Nigeria’s pay-TV industry, warning against possible anti-competitive practices and market exploitation.

According to the statement, the commission has invited MultiChoice’s chief executive officer for an investigative hearing on February 27, 2025, at its headquarters.

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The statement read: “The FCCPC remains committed to ensuring that businesses operate fairly and in line with Nigeria’s consumer protection laws.

“If MultiChoice fails to provide a satisfactory justification for its pricing strategy or is found in violation of fair competition principles, the commission will take necessary enforcement actions, including sanctions and corrective measures.” The commission also said it was working closely with the sector regulator and other relevant agencies to promote fair competition in Nigeria’s broadcasting and digital subscription industry.

With growing public frustration over the frequent cost increases in pay-TV services, the FCCPC reassured Nigerian consumers that it would continue to push for transparency, accountability and fair market practices in the sector.

DStv, GOtv offer subscribers plans to alleviate price increase

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Meanwhile, MultiChoice Nigeria has offered a support package for DStv and GOtv subscribers to mitigate recent tariff adjustments announced by the company. The company had in a message to subscribers on Monday, stated that starting from 1 March, new tariffs would apply to DStv and GOtv packages.

According to the company, DStv and GOtv subscribers who renew their subscriptions before the expiration date will be exempt from the new rates for a specified time as a reward for their loyalty.

Credit: Vanguard

 

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