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NationalNigeria NewsNigerian economy

FCCPC Summons MultiChoice Over Proposed Price Hike

Chinedum Anayo
Last updated: February 26, 2025 7:29 am
By Chinedum Anayo
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The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria over its planned subscription price increase, set to take effect on March 1, 2025.

In a statement issued on Tuesday, the FCCPC said the pay-TV provider must appear before the Commission on Thursday, February 27, 2025, to explain the rationale behind the latest price adjustment. 

The regulatory body cited concerns over repeated unilateral price hikes, potential abuse of market dominance, and anti-competitive practices within Nigeria’s pay-TV industry.

<strong>FCCPC Statement </strong>

Exercising its powers under Sections 32 and 33 of the Federal Competition and Consumer Protection Act (FCCPA), the Commission directed MultiChoice Nigeria’s Chief Executive Officer to attend an investigative hearing at its headquarters.

“The FCCPC is deeply concerned that Nigerian consumers continue to face frequent price increases, amid accusations that MultiChoice applies different pricing strategies in other markets, raising questions about fairness and potential market abuse,” the statement read.

The Commission warned that if MultiChoice fails to provide a satisfactory explanation or is found in violation of fair market principles, it could face regulatory penalties, sanctions, or other corrective measures.

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Furthermore, the FCCPC disclosed that it is engaging the sector regulator and other relevant agencies to ensure fair competition and adequate consumer protection in Nigeria’s broadcasting and digital subscription industry.

The development comes amid growing public outcry over rising subscription costs in the pay-TV sector, with many Nigerians accusing MultiChoice of unfair pricing.

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Chinedum Anayo
Chinedum Anayo is a 9News Nigeria publisher and journalist based in Abuja. He covers Political stories, Entertainment news alongside trending reports.
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Chinedum Anayo is a 9News Nigeria publisher and journalist based in Abuja. He covers Political stories, Entertainment news alongside trending reports.
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