The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded.
The Director of Corporate Affairs at the Federal Competition and Consumer Protection Commission(FCCPC), Ondaje Ijagwu, stated in a press release that the directive follows MultiChoice Nigeria’s request for an extension concerning its scheduled appearance before the Commission.
According to Ijagwu, the FCCPC granted the request, however, the company is 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,” Ijagwu stated.
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