Business & Economy
FCCPC Orders MultiChoice Nigeria to Maintain Current Subscription Prices
- FCCPC directed MultiChoice Nigeria, operator of DStv and GOtv, to maintain its current subscription prices until an ongoing investigation into the proposed tariff adjustment concludes.
- FCCPC summoned the company’s Chief Executive Officer to attend an investigative hearing on February 27.
FCCPC Director of Corporate Affairs, Ondaje Ijagwu, announced that the commission has directed MultiChoice Nigeria, the operator of DStv and GOtv, to maintain its current subscription prices until an ongoing investigation into the proposed tariff adjustment concludes.
Eko Hot Blog reports that this directive comes in response to MultiChoice’s request for an extension regarding its scheduled appearance before the FCCPC over concerns surrounding recurring price increases.
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While the commission granted the company’s request to postpone the session, it has now rescheduled the hearing for March 6, 2025.
MultiChoice’s CEO, relevant officers, and a comprehensive response to the inquiry are expected to be presented at the hearing.
The consumer protection agency emphasized that the decision to freeze prices is aimed at preventing potential consumer exploitation during the investigation period.
“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.
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Recall that FCCPC summoned the company’s Chief Executive Officer to attend an investigative hearing on February 27.
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