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Multichoice may suspend new price hike

...As FCCP reads riot act

 

By Juliet Umeh

The Federal Competition and Consumer Protection Commission, FCCPC, has directed MultiChoice Nigeria to suspend its planned subscription price increase pending the conclusion of an ongoing investigation into the matter.

In a statement signed by the Commission’s Director of Corporate Affairs, Ondaje Ijagwu, the FCCPC emphasized that MultiChoice must maintain its current pricing structure as of February 27, 2025, until further notice.

Part of the statement reads: “While the FCCPC has granted MultiChoice’s request for an extension regarding its scheduled appearance, 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.

“Maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period.”

MultiChoice had earlier announced a price increase for its DStv and GOtv packages, set to take effect from March 1, 2025. The company attributed the adjustment to rising business costs, assuring customers that they would continue to enjoy premium local and international content.

However, the proposed hike has sparked outrage among subscribers, many of whom are already struggling with Nigeria’s economic challenges, including high inflation and currency depreciation.

Under the revised pricing, DStv Compact will increase from N15,700 to N19,000, DStv Compact Plus will rise to N30,000, while DStv Premium will now cost N44,500. GOtv subscribers will also see adjustments, with GOtv Jinja set at N3,900, GOtv Max at N8,500, and GOtv Supa Plus at N16,800.

For many consumers, these frequent price increases are becoming unbearable. “It’s frustrating. Every few months, they increase prices, yet we still experience poor signal quality and service interruptions,” said Chidi Okeke, a Lagos-based subscriber.

Consumer advocacy groups are calling for stricter regulations on pay-TV pricing, with some urging the government to enforce a pay-as-you-watch billing model.

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