The Federal Competition and Consumer Protection Commission (FCCPC) has intervened in the recent price hike of DSTV and GOTV subscriptions, saying it will be reviewed.
Recall that DSTV and GOTV hiked their subscription prices by 25 percent with effect from May 1, 2024.
Acting CEO of FCCPC, Adamu Abdullahi, said the commission would review the increment. He made the disclosure during an interview on Channels Television on its Dateline Abuja programme on Thursday.
During the interview, he provided an update on the summons issued to the owner of a Chinese store in Abuja accused of discriminatory and sharp practices.
He also commented on the adherence to the order given to the Abuja Electricity Distribution Company, stating that sanctions are imminent for all verified infractions identified by the agency.
MultiChoice, a major satellite television service in Sub-Saharan Africa based in South Africa, recently announced fresh increases in prices on the DSTV and GOtv packages, saying the increase was necessitated by the rise in the cost of business operations.
According to the company, the increment would take effect on May 1, 2024.
The Premium package on DSTV which used to cost N29,500, would now go for N37,000, while the Compact Plus which currently goes for N19,800, has been increased to N25,000.
More Stories
Ondo Poll: PDP governors, Damagun, others rally support for Ajayi, urge voters to be vigilant
VeryDarkMan asks court to quash Falana’s defamation suit, case adjourned
Nigeria’s daily crude oil production reaches 1.8m barrels per day, says NNPCL The