• About us
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, May 8, 2025
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home News

Relief for Consumers as Court Backs FCCPC’s Probe into DStv, GOtv Price Hikes

Admin by Admin
May 8, 2025
in News
Reading Time: 2 mins read
0
No Final Decision on Warri Ward Delineation- INEC 
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Federal High Court in Abuja has dismissed a lawsuit filed by MultiChoice Nigeria Limited, aimed at stopping the Federal Competition and Consumer Protection Commission (FCCPC) from investigating its recent subscription fee hikes for DStv and GOtv. The court deemed the suit an abuse of court process.

Justice James Omotosho, who presided over the case, ruled that the application was invalid because a similar matter involving the same parties was already being handled in another court. As a result, the court struck out the entire suit.

MultiChoice had earlier ignored the FCCPC’s summons in February and went ahead with a price increase, just months after a previous hike. Instead of cooperating with the regulatory inquiry, the company sought a court order to block the Commission’s investigation into its pricing practices.

In his judgment, Justice Omotosho reinforced several provisions of the Federal Competition and Consumer Protection Act (FCCPA) of 2018, especially concerning the Commission’s authority to monitor and respond to price changes.

The judge clarified that Section 88 of the FCCPA allows the President of Nigeria to regulate prices when necessary and to delegate that authority particularly to the FCCPC. He also affirmed that Section 17 empowers the Commission to investigate potentially exploitative pricing and submit findings and recommendations to the President to inform regulatory decisions.

The ruling confirms that once a product or service is placed under price control by presidential declaration, the FCCPC has the legal authority to enforce related regulations.

Reacting to the verdict, FCCPC Executive Vice Chairman and CEO, Mr. Tunji Bello, welcomed the decision as a victory for the rule of law and a major step toward deterring attempts to sidestep regulatory oversight.

He emphasized that the judgment underscores the Commission’s mandate to protect consumers and ensure transparency in the market. “Nigerians can rest assured that the FCCPC remains fully committed to investigating and addressing unfair pricing and anti-consumer behavior as outlined in the FCCPA,” he said.

ShareTweetSend
Previous Post

Africa Unites in Abuja to Champion a Safer Future for Every Child

Next Post

Military Deal Major Blow to Insurgents and Oil Thieves, Recover N1.93 Billion in Stolen Crude

Admin

Admin

Related Posts

Africa Unites in Abuja to Champion a Safer Future for Every Child
News

Africa Unites in Abuja to Champion a Safer Future for Every Child

May 8, 2025
NYSC DG Pays Visit to Ailing Corps Member in Yola
News

NYSC DG Pays Visit to Ailing Corps Member in Yola

May 7, 2025
A Painful Loss: SGF Akume Mourns with Boss Mustapha Over Sister’s Demise
News

A Painful Loss: SGF Akume Mourns with Boss Mustapha Over Sister’s Demise

May 7, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

 6 Brigade Troops Apprehend Four Suspected Terrorists, Seize Weapons and Ammunition in Taraba

 6 Brigade Troops Apprehend Four Suspected Terrorists, Seize Weapons and Ammunition in Taraba

May 7, 2025
NYSC DG Pays Visit to Ailing Corps Member in Yola

NYSC DG Pays Visit to Ailing Corps Member in Yola

May 7, 2025
  • Trending
  • Comments
  • Latest
DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025

Coalition Dismisses Arrest Warrant Claim Against Aisha Achimugu

March 18, 2025
CACO Launches Nigeria Localization Barometer Project in Abuja

CACO Launches Nigeria Localization Barometer Project in Abuja

November 11, 2024

Mrs Zubaida Umar takes over the Helm of Affairs at NEMA

March 20, 2024

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
 6 Brigade Troops Apprehend Four Suspected Terrorists, Seize Weapons and Ammunition in Taraba

 6 Brigade Troops Apprehend Four Suspected Terrorists, Seize Weapons and Ammunition in Taraba

May 7, 2025
NYSC DG Pays Visit to Ailing Corps Member in Yola

NYSC DG Pays Visit to Ailing Corps Member in Yola

May 7, 2025
NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025
A Painful Loss: SGF Akume Mourns with Boss Mustapha Over Sister’s Demise

A Painful Loss: SGF Akume Mourns with Boss Mustapha Over Sister’s Demise

May 7, 2025
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Newspeg magazine - powered by Vecrit.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2024 Newspeg magazine - powered by Vecrit.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In