
In a move aimed at protecting consumer interests, the Nigerian government has directed MultiChoice, the parent company of DStv, to suspend its planned price increase for its subscription services.
This intervention comes amidst widespread public outcry over the proposed hike, with many Nigerians expressing concerns about the affordability of pay-TV services. The government’s directive underscores its commitment to ensuring that essential services remain accessible to the public, particularly during challenging economic times.
The National Broadcasting Commission (NBC), acting on behalf of the government, issued the order, citing the need for MultiChoice to engage in further consultations with stakeholders before implementing any price adjustments. The NBC emphasized that the proposed hike would place an undue burden on consumers, many of whom are already grappling with rising living costs. The government has stated that MultiChoice should be more aware of the current economic climate.
MultiChoice has been called upon to provide detailed justifications for the proposed price increase and to demonstrate its commitment to providing affordable services to Nigerian subscribers. The company has been asked to provide documents on the costs of their services, and how those costs are related to the subscription prices.