2 hours ago
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The FCCPC has ordered MultiChoice Nigeria to maintain subscription prices until an investigation into its proposed price hike is concluded.
The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until an ongoing investigation into its proposed price hike is concluded.
According to Ondaje Ijagwu, the Director of Corporate Affairs at FCCPC, the order follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission. While the request has been granted, the company must now attend the rescheduled investigative hearing on March 6, 2025, along with all relevant officers and a comprehensive response detailing its pricing structure and justifications for the proposed increase.
“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.”
This latest investigation follows complaints from consumers about frequent subscription hikes without sufficient justification or regulatory approval.
The FCCPC, which has the mandate to regulate competition and protect consumers from exploitative practices, is expected to thoroughly assess MultiChoice’s pricing model, market behavior, and adherence to Nigeria’s competition laws before reaching a final decision.
The FCCPC has assured consumers that further updates will be provided as the investigation progresses, reaffirming its dedication to ensuring fair pricing and market transparency.
Chioma Kalu
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