FCCPC orders MultiChoice to suspend planned price hike
The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria to halt plans to increase subscription fees.
In a statement on Thursday, FCCPC said the directive is part of an ongoing investigation into MultiChoice’s proposed price adjustment on its DStv and GOtv packages.
Following the FCCPC directive for an investigative hearing, Multichoice requested that the hearing be postponed, which FCCPC granted, and it has been rescheduled for March 6.
However, as a condition for the postponement, the FCCPC instructed MultiChoice to maintain its current prices pending the outcome of the investigation.
“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.
“This directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the commission,” said the statement.
While the FCCPC granted the request, MultiChoice is required to attend the rescheduled investigative hearing on March 6, 2025.
“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.
“Maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period,” said FCCPC.
MultiChoice announced a new price increase for its GOtv and DStv subscriptions on February 24, expected effective March 1.
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