The Federal Competition and Consumer Protection Commission (FCCPC), has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
This directive was contained in a statement issued on Thursday, February 27, 2025, by Mr. Ondaje Ijagwu, Director, Corporate Affairs, FCCPC.
He explained that this directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission.
The statement reads, “The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
“This directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission. While the FCCPC has granted the request, 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.
“Further updates will be provided as the investigation progresses” he stated.
By: Babajide Okeowo
Source: Ripples