BUSINESS
BREAKING: Tribunal Slaps DSTV, GOTV with N150m Fine, Mandates One-Month Free Subscriptions
Multichoice Nigeria, the company behind DSTV and GoTv, was fined N150 million by the Competition and Consumer Protection Tribunal for defying its orders.
These orders restrained the pay-TV company from raising its monthly subscription fees until the lawsuit’s resolution. Additionally, the tribunal mandated Multichoice to offer Nigerian customers a one-month free subscription to its DStv and GOtv packages.
This decision stemmed from a lawsuit filed by Festus Onifade, an Abuja-based lawyer, who deemed the 8-day notice for the price hike insufficient. Despite Multichoice’s argument citing past rulings on price regulation, the tribunal upheld its jurisdiction and ruled against the company.
The court scheduled July 3 for the plaintiff’s substantive suit hearing.
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