WATCH THE VIDEO HERE The 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. According to a statement from the Commission, this directive follows Multichoice Nigeria’s request for an extension regarding its scheduled appearance before the consumer protection watchdog. Naijaonpoint earlier reported that the FCCPC had summoned the leadership of Multichoice over its announcement of price increment across its DStv and GOtv packages effective from March 1. The Chief Executive Officer of MultiChoice Nigeria was to attend an investigative hearing at the FCCPC headquarters on Thursday, February 27, 2025. The FCCPC noted that while it 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 Commission stated. It added that maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period. The latest price increment came despite the huge loss of subscribers lost by the Pay-TV company last year due to multiple price increments. The company, however, blamed the loss of subscribers on the high inflation in Nigeria at over 30% at that time, driven by the high cost of food, electricity, and fuel. According to Multichoice, this forced many of its customers to ditch their decoders.
FCCPC directs Multichoice Nigeria to maintain current prices pending investigation
