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Home News

FCCPC Summons MultiChoice Over Price Increase Concerns

newspegonline24 by newspegonline24
February 25, 2025
in News
Reading Time: 2 mins read
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By Nkechi Eze

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria, the leading pay-TV service provider in the country, over concerns about a recent price hike.

MultiChoice Nigeria, which operates the popular DStv and GOtv brands, had announced a price increase for its subscriptions, set to take effect on March 1 2025, citing rising operational costs and inflation.

Exercising its mandate under Sections 32 and 33 of the FCCPA, the FCCPC directed the Chief Executive Officer of MultiChoice Nigeria to attend an investigative hearing at the Commission’s headquarters on Thursday, February 27, 2025. 

A statement signed and made available by the commission’s Director, Corporate Affairs Ondaje Ijagwu disclosed that the FCCPC is deeply concerned that Nigerian consumers continue to face frequent price increases, amid accusations that MultiChoice applies different pricing strategies in other markets, heightening questions about fairness and market abuse.

Should MultiChoice fail to provide satisfactory explanations or be found in violation of fair market principles, the FCCPC will be left left with no other option than to impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.

Additionally, the FCCPC is teaming up with the sector regulator and other key agencies to promote fair competition and protect consumers in Nigeria’s broadcasting and digital subscription space. This collaboration aims to ensure that companies operate fairly and transparently, and that consumers’ rights are respected.

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