Ondaje Ijagwu, the Director of Corporate Affairs at FCCPC, stated that this directive comes in response to MultiChoice Nigeria's request for an extension regarding its upcoming appearance before the Commission. Although the request has been approved, the company is required to participate in the rescheduled investigative hearing on March 6, 2025, bringing along all pertinent officials and a detailed explanation of its pricing strategy and rationale for the proposed hike.
“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.”
This investigation is prompted by consumer complaints regarding frequent subscription increases that lack adequate justification or regulatory endorsement.
The FCCPC, tasked with overseeing competition and safeguarding consumers from unfair practices, is expected to conduct a comprehensive evaluation of MultiChoice’s pricing strategy, market conduct, and compliance with Nigeria’s competition regulations before arriving at a conclusive decision.
The FCCPC has committed to keeping consumers informed with updates as the investigation unfolds, emphasizing its commitment to ensuring equitable pricing and market transparency.