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FG suspends MultiChoice’s price hike in Nigeria

Oladapo RiliwanbyOladapo Riliwan
27/02/2025
in News
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fccpc-suspends-multichoice-nigeria-price-hike

Mr Tunji Bello, Executive Vice Chairman/Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC) is seen in the photo above. The Federal Government has suspended MultiChoice Nigeria price hike planned to begin March 1 until an ongoing competition investigation of the pay-TV company is concluded. Image credit: FCCPC.

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The Federal Government has suspended MultiChoice Nigeria price hike planned to begin March 1 until an ongoing competition investigation of the pay-TV company is concluded.

The Federal Competition and Consumer Protection Commission (FCCPC) says it has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.

fccpc-suspends-multichoice-nigeria-price-hike
Mr John Ugbe, CEO, West Africa MultiChoice. Image credit: Multichoice.

The FCCPC states in a statement seen by Technology Times that, “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 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.”

The FCCPC states in a statement seen by Technology Times that, “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.”

The Commission states that “maintaining the status quo on pricing is essential to prevent any potential consumer harm during this period.”

The FCCPC assures that “further updates will be provided as the investigation progresses.”

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MultiChoice Nigeria had earlier notified its customers of a planned price adjustment across DStv and GOtv packages, set to take effect from March 1, 2025.

The proposed new rates are as follows:
• DStv Compact: ₦15,700 → ₦19,000 (25% increase)
• DStv Compact Plus: ₦25,000 → ₦30,000 (20% increase)
• DStv Premium: ₦37,000 → ₦44,500 (20% increase)
• GOtv Jinja: ₦3,600 → ₦3,900
• GOtv Jolli: ₦4,850 → ₦5,800
• GOtv Max: ₦7,200 → ₦8,500
• GOtv Supa: ₦9,600 → ₦11,400
• GOtv Supa Plus: ₦15,700 → ₦16,800.

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