The Federal Competition and Consumer Protection Commission (FCCPC) has assured pay television service subscribers in the country of its plan to review recent price hike by MultiChoice, the services’ provider, of its cable subscriptions to ensure subscribers in Nigeria get value for their money.
Recall that the leading pay TV operator, recently announced increase in the subscriptions for its DStv and GOtv packages by at least 25 per cent.
Multichoice announced the increase in tarrifs in a message sent to subscribers on Wednesday and said that the new regime will be effective May 1.
The company stated this in the statement signed by John Ugbe, chief executive officer was titled, ‘Price Adjustment on DStv and GOtv Packages.’
The company, in the statement signed by its Chief Executive Officer (CEO), John Ugbe, titled, ‘Price Adjustment on DStv and GOtv Packages’ cited the rising cost of business operations as the rationale behind the price increase
He stated: “We understand the impact this change may have on you – our valued customer, but the rise in the cost of business operations, has led us to make this difficult decision.
“It remains our mission to provide the best entertainment and viewing experience to you and are committed to continue to deliver high-quality content and unparalleled service. So, from Wednesday, 1 May 2024, the price adjustment will take effect”, Ugbe added.
But in a swift reaction to the statement, acting Chief Executive Officer of the FCCPC, Adamu Abdullahi, in a chat with Channels Television on its Dateline Abuja programme on Thursday, promised that the commission with take up the issue with the pay-TV firm with a view to ensuring that subscribers are fairly treated in all their relationship with the company.
Abdullahi also spoke on the adherence to the order given to the Abuja Electricity Distribution Company (AEDC) on tariff adjustment, stressing that the commission would impose sanctions on the DisCo for any verified infractions on the order.
