Price Hike: FCCPC Summons MultiChoice, Threatens Sanctions

February 26, 2025
Price Hike: FCCPC Summons MultiChoice, Threatens Sanctions

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned pay TV operator, MultiChoice Nigeria, to explain its proposed subscription price increase.

Prime Business Africa reports that MultiChoice Nigeria announced a 21 per cent increase in the subscription fee for its DStv Compact package, raising the price from N15,700 to N19,000, with effect from 1st March 2025.

Join our WhatsApp Channel

In a notice to subscribers about the subscription price adjustment, the pay TV company said: “This is to enable us to continue offering our customers world-class homegrown and international content, delivered through the best technology.”

This follows a similar price hike in 2024. The company attributed it to inflation and rising operational costs in Nigeria.

The announcement of the subscription price hike has triggered reactions from subscribers, who lament frequent price hikes without corresponding improved service quality.

In a statement signed by FCCPC Director, Corporate Affairs, Ondaje Ijagwu, the agency said it summoned multichoice to explain the proposed subscription price increase.

The statement said that in line with sections 32 and 33 of the FCCPA, the FCCPC directed the Chief Executive Officer of MultiChoice Nigeria to appear for an investigative hearing at the Commission’s headquarters on Thursday, 27th February 2025.

READ ALSO: MultiChoice Nigeria Raises DStv, GOtv Subscription Prices 6 Months After Last Increase

“This action follows MultiChoice’s formal notification of the price adjustment, which raises concerns about recurrent unilateral price hikes, potential market dominance abuse, and perceived anti-competitive practices in the pay-TV industry,” Ijagwu stated.

“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.”

The agency further stated that if Multichoice fails to provide satisfactory explanations or is found to have violated fair market principles, it will be left with no other option than “to impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.

“Furthermore, the FCCPC is engaging the sector regulator and other relevant agencies to ensure fair competition and consumer protection within Nigeria’s broadcasting and digital subscription landscape.”

 

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Remarks by Jean Pierre Lacroix, Under Secretary General for UN Peace Operations at today’s press conference in Juba
Previous Story

Remarks By Jean-Pierre Lacroix, Under-Secretary-General For UN Peace Operations

OceanX and OceanQuest Unveil New Deep Sea Discoveries from Around Africa During Cape Town Stop
Next Story

OceanX and OceanQuest Unveil New Deep-Sea Discoveries from Around Africa During Cape Town Stop

Latest from News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today

Naira Firms Across FX Markets, Trades at ₦1,470.52 to Dollar

The naira continued to show resilience in foreign exchange markets on Friday, trading at ₦1,470.52 to the United States dollar at the mid-market rate, following a strong rebound recorded after Nigeria’s Independence Anniversary holiday. Data from the Central Bank of Nigeria (CBN)

Lack of Expertise Behind Failure of 95% of Enterprise AI Projects

A stark reality check awaits contact centre leaders pursuing AI transformation: whilst 95% of enterprise AI initiatives fail to reach production, the underlying cause isn’t technological limitations — it’s the critical shortage of expertise needed to execute successfully. Stuart Dorman, Chief Innovation
Remarks by Jean Pierre Lacroix, Under Secretary General for UN Peace Operations at today’s press conference in Juba
Previous Story

Remarks By Jean-Pierre Lacroix, Under-Secretary-General For UN Peace Operations

OceanX and OceanQuest Unveil New Deep Sea Discoveries from Around Africa During Cape Town Stop
Next Story

OceanX and OceanQuest Unveil New Deep-Sea Discoveries from Around Africa During Cape Town Stop

Don't Miss

#EndSARS Anniversary: Amnesty International Calls For Release Of Soweto, Other Protesters

#EndSARS Anniversary: Amnesty International Seeks Release Of Soweto, Other Protesters

Human rights group, Amnesty International, has called for immediate release
FG Gives Transcorp Power Post-privatisation Discharge Certificate

FG Gives Transcorp Power Post-privatisation Discharge Certificate

Transcorp Power Limited, Nigeria’s leading power generation company was on Monday