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Business

Suspend Fee Hike, FCCPC Tells MultiChoice

todayFebruary 28, 2025 9 3 3

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Oluwakemi Kindness

The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria, the operator of DStv and GOtv, to maintain its current subscription prices pending the conclusion of an ongoing investigation into the company’s proposed tariff adjustment.

FCCPC disclosed this in a statement on Thursday by its Director of Corporate Affairs, Ondaje Ijagwu.

The directive follows MultiChoice’s request for an extension regarding its scheduled appearance before the commission over concerns surrounding its recurring price increases.

Although FCCPC granted the company’s request to postpone the session, it has now rescheduled the hearing for March 6, 2025, mandating the company’s CEO, relevant officers, and a comprehensive response to the inquiry.

“As part of this directive, 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 read.

The agency also emphasized that the decision to freeze prices is aimed at preventing potential consumer exploitation during the investigation period.

Earlier, the regulator summoned MultiChoice’s Chief Executive Officer to appear before it on February 27 for an investigative hearing.

 

Written by: Democracy Radio

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