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FCCPC Plans Review of Recent DStv and GOtv Price Increases

Monday Yakubu by Monday Yakubu
April 26, 2024
in Business
0

The Federal Competition and Consumer Protection Commission (FCCPC) has announced plans to review the recent price hikes in MultiChoice cable subscriptions to ensure Nigerian subscribers receive value for their money.

Adamu Abdullahi, the Acting CEO of FCCPC, discussed this development exclusively on Channels Television’s Dateline Abuja program on Thursday.

Abdullahi provided updates on various issues during the interview, including the summons issued to the owner of a Chinese store in Abuja accused of discriminatory and sharp practices. He also addressed the agency’s efforts to enforce compliance with orders given to the Abuja Electricity Distribution Company, stating that sanctions are forthcoming for verified infractions.

Below is the proposed price list:

DStv PackageOld PriceNew Price (Monthly)
PremiumN29,500N37,000
Compact Plus 19,800N25,000
CompactN12,500N15,700
ConfamN7,400N9,300
YangaN4,200N5,100
HDPVR Access ServiceN4,000N5,000
Access FeesN4,000N5,000
Xtra ViewN4,000N5,000
N2,950N3600
GOtv PackageOld PriceNew Price (Monthly)
Supa+N12,500N15,700
SupaN7,600N9,600
MaxN5,700N7,200
JolliN3,950N4,850
JinjaN2,700N3,300
SmallieN1,300N1,575

MultiChoice, a prominent satellite television service operating in Sub-Saharan Africa, recently announced price increases on its DSTV and GOtv packages, citing rising business operational costs as the reason behind the decision. The price adjustments are set to take effect on May 1, 2024.

Under the new pricing structure, the Premium package on DSTV, previously priced at N29,500, will now cost N37,000. Similarly, the Compact Plus package, currently priced at N19,800, has been raised to N25,000. These adjustments have drawn attention from regulatory bodies like the FCCPC, which aims to ensure fairness and affordability for consumers.

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Abdullahi emphasized the importance of reviewing such price increases to safeguard consumers’ interests and ensure they receive commensurate value for the services they subscribe to. The FCCPC remains committed to promoting fair competition and protecting consumer rights in the telecommunications sector.

The FCCPC’s scrutiny of MultiChoice’s price adjustments underscores its proactive approach to monitoring market dynamics and intervening when necessary to prevent exploitation of consumers. By engaging relevant stakeholders, including MultiChoice, the commission seeks to foster transparency and accountability in pricing practices within the industry.

As the deadline for the price increases approaches, the FCCPC will continue to engage with MultiChoice and other stakeholders to assess the justification for the adjustments and explore avenues for mitigating any adverse impacts on consumers. This proactive stance aligns with the commission’s mandate to ensure fair business practices and consumer satisfaction in Nigeria’s competitive market landscape.

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