LOOMING DSTV & GOTV PRICE HIKE: Coalition Of Nigeria Consumers Petition FCCPC
Afnews Editor
May 27, 2020
By Anya C. Anya
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A Coalition Of Nigeria Consumers has sent a petition to the office of the Federal Competition and Consumer Protection Commission (FCCPC) maitama, Abuja over the impending price hike by Multi-choice Nigeria Limited.
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While briefing the press Barr. Festus Onifade,Esq , managing Partner@F.S.Onifade & Associate and Solicitor to Coalition Of Nigeria Consumers said it was necessary to forward the petition at the period since Multi-choice Nigeria Limited has grown intoxicated by being the largest controller of the market in Nigeria and want to maximize that monopolistic power to inflict hardship on Nigerians.
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According to Barr. Festus Onifade" our petition is anchor on Power of Abuse of Dominance as provided for in the new Federal Competition and Consumer Protection Act 2018 signed into law by President Muhammadu Buhari in February 2019, Which empower the federal Competition Consumer Consumer Protection Commission to fix and regulate prices of goods and services where such infractions have been brought to the notice of the commission ".
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Investigation by AFNEWS reporter Anya C. Anya gathered that Multi-choice had sent an SMS messages to all her subscribers informing them of the new price rate taking effect in a few weeks from 1st June , Multi-choice Nigeria has planned to raise its subscription fee for all DStv packages while some packages will be cancelled.
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According to the text message sent out all customers effective from 1 June 2020 7.5% VAT will be applied to all DStv packages meaning you are going to be paying higher prices as seen below;
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New DSTV Prices Effective from June 1st:
DSTV Padi: N1800 to N1850
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DSTV Access: N2000 to N2150
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DSTV Yanga: N2500 to N2565
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DSTV Family: N4000 to N4300
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DSTV Confam: N4500 to N4615
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DSTV Compact: N6800 to N6975
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DSTV Compact +: N10,650 to N10,925
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DSTV Premium: N15,800 to N16,200
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For GOtv Users, here are the Changes
GOtv Max: N3200 to N3280
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GOtv Jolli: N2400 to N2460
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GOtv Jinja: N1600 to N1640 among others.
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But Pay Television Company, MultiChoice Nigeria limited while reacting to the rumored price hike dismissed reports that it is set to increase subscription rates for its DStv and GOtv packages from June 1. The company explained that the price adjustments it recently announced, which take effect from June 1, are to reflect the increase in the rate of the Value Added Tax (VAT) from 2.5 percent to five percent then to 7.5 percent recently announced by the Federal Government.
"The 2.5 per cent increase followed the signing of the Finance Act 2019 on January 13 by President Muhammadu Buhari. The new VAT rate, which took effect from February 1, is one of the measures adopted by the Federal Government to increase revenue from non-oil sourcesÔÇØ, the company said in a statement.
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But whether or not the price hike is as a result of response to increment in VAT rate , a petition has gone to Federal Competition Consumer Protection Commission for the planned increment to be suspended or reversed . Barr. Festus Onifade has alleged that "in the past , there has been court injunction against similar increment which was not Obeyed, we hope that the commission under the new law and identity will have the courage to save the Nigeria Consumer from another oppressive Monopoly.
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— Afnews Editor