Business

FCCPC Directs MultiChoice To Maintain Current Prices

By Stella Enenche, Abuja

The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices.

FCCPC disclosed this on Thursday in a statement signed by it’s Director, Corporate Affairs,Ondaje Ijagwu in Abuja.

The commission said, the directive remains binding until ongoing investigation into its proposed price hike is concluded.

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The statement read this: “this directive follows MultiChoice’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.

The commission assured Nigerians that it would provide further updates as the investigation progresses.

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