In a bid to safeguard consumer interests amidst recent price hikes by MultiChoice Nigeria, the Federal Competition and Consumer Protection Commission (FCCPC) has announced plans to conduct a thorough review of the subscription increases on DSTV and GOtv packages. Adamu Abdullahi, the Acting CEO of FCCPC, shared exclusive insights during an interview on Channels Television's Dateline Abuja program.
Abdullahi emphasized the agency's commitment to ensuring that Nigerian subscribers receive value for their money. The FCCPC aims to engage relevant stakeholders in the review process to address concerns raised by consumers regarding the affordability and transparency of the price adjustments.
The interview also touched upon other ongoing regulatory efforts by the FCCPC. Abdullahi provided updates on the agency's actions against discriminatory practices by a Chinese store owner in Abuja and the enforcement of orders issued to the Abuja Electricity Distribution Company. He highlighted the imminent sanctions for verified infractions identified by the FCCPC.
MultiChoice, a leading satellite television service provider in Sub-Saharan Africa, recently announced price increases for its DSTV and GOtv packages, citing rising business operation costs. Effective May 1, 2024, subscribers will experience adjustments in subscription rates. For instance, the Premium package on DSTV, previously priced at N29,500, will now cost N37,000, while the Compact Plus package will increase from N19,800 to N25,000.
The FCCPC's review of MultiChoice's price hikes underscores the agency's dedication to promoting fair competition and protecting consumer rights in Nigeria's broadcasting industry. As stakeholders await the outcome of the review, the FCCPC remains committed to ensuring transparency and accountability in pricing practices to benefit Nigerian consumers.
