The Federal Competition and Consumer Protection Commission (FCCPC) has vowed to review the recent price increases in MultiChoice cable subscriptions to ensure subscribers in Nigeria get value for their money.
The Acting CEO of FCCPC, Adamu Abdullahi, made this known while speaking to newsmen on Friday.
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 rise in the cost of business operations necessitated the increase.
Read Also: MultiChoice Hikes DSTV, GOTV Rates
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.
See full list of price changes below:
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In another report, telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to raise their tariff.
The development came after foreign exchange losses and rising energy costs forced some of the operators to post losses last year.
The telcos’ proposal to raise their tariff came barely 24 hours after MultiChoice, a South African pay television company raised its tariff. Several companies including Discos and brewing companies have also raised their prices in recent times.