The Federal government of Nigeria has commenced investigation on the increase in subscription charges for pay-TV in the country.
The Chief Executive Officer of the Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) Babatunde Irukera said this in a statement, stating that the investigation was in response to announcements by operators of different Pay-TV platforms in the country to increase subscription fees.
Irukera said the action by FCCPC’s is in pursuant to the Federal Competition and Consumer Protection Act (FCCPA) that established the agency.
According to the agency, prices of bouquet have increased twice in three months.
Although, MultiChoice said the latest review is as a result of the implementation of 7.5 per cent Value Added Tax (VAT) introduced by the Federal Government in early 2020.
With the adjustment, DStv Compact subscribers have their subscription raised by 13.3 per cent (N7, 900 up from N6, 975).
DStv Compact Plus subscribers have their rates increased by 9.8 per cent from N10, 925 to N12, 000. The DStv Premium was increased from N16, 200 to N18, 400 (13.6% hike).
Reacting to the price hike, Irukera said the FCCPC has conducted an investigation, pursued legal action in court to review the increase in charges.
He assured of the readiness of the agency to investigate and ensure that the interest of consumers is protected.