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FCCPC Promises Review of Recent DStv, GOtv Price Hike

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The Federal Competition and Consumer Protection Commission (FCCPC) has pledged to scrutinize the recent price hikes in MultiChoice cable subscriptions, ensuring that Nigerian subscribers receive commensurate value for their expenditure.

In an exclusive interview on Channels Television’s ‘Dateline Abuja’ program, the Acting CEO of FCCPC, Adamu Abdullahi, shared insights into the agency’s plans to address the concerns raised by consumers regarding the recent price adjustments.

Abdullahi highlighted the FCCPC’s commitment to safeguarding consumer interests and ensuring fair business practices, stating that relevant stakeholders would be engaged to assess the rationale behind the price increases.

MultiChoice, the leading satellite television service provider in Sub-Saharan Africa, recently announced a fresh round of price adjustments for its DSTV and GOtv packages. The company cited escalating operational costs as the driving force behind the decision to revise subscription rates, with the changes set to take effect from May 1, 2024.

Among the revisions, the Premium package on DSTV, previously priced at N29,500, will now be offered at N37,000, while the Compact Plus package, currently priced at N19,800, will see an increase to N25,000.

The FCCPC’s commitment to reviewing these price adjustments underscores its dedication to ensuring transparency, accountability, and consumer welfare in Nigeria’s competitive marketplace.

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Reps Approve ₦54.99tn 2025 Budget

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By Ifeoluwa Odunayo

The House of Representatives has approved Nigeria’s ₦54.99 trillion 2025 budget, marking a pivotal step in addressing economic challenges and public services.

The revised budget, up from the initial ₦49.7 trillion proposal, includes ₦3.645 trillion for statutory transfers, ₦14.317 trillion for debt servicing, ₦13.64 trillion for recurrent expenses, and ₦23.963 trillion for capital projects.

Lawmakers expect the increased spending to stimulate economic recovery, stabilize key sectors, and reduce borrowing reliance.

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Nigeria Moves to Repatriate 400,000 Refugees from Chad, Niger, Cameroon

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By Nike Lawal 

The Nigerian federal government has revealed that over 400,000 Nigerian refugees remain in Chad, Niger, and Cameroon, with efforts underway to facilitate their safe return.

Speaking at a Technical Working Group meeting in Abuja, Tijani Ahmed, Federal Commissioner of NCFRMI, stressed the need to assess past repatriation efforts and strengthen partnerships for a smoother process.

A tripartite agreement between Nigeria, Chad, and UNHCR has already enabled the return of 3,000 refugees, with more repatriations planned, especially from Cameroon.

UNHCR Deputy Representative Bernadette Muteshi reaffirmed the agency’s commitment to supporting Nigeria’s leadership in ensuring a safe and sustainable return for displaced citizens.

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FG Orders Strict Compliance with Treasury Single Account Policy

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By Adenike Lawal

The federal government has directed Federal Pay Officers (FPOs) nationwide to enforce strict adherence to the Treasury Single Account (TSA) policy by all Ministries, Departments, and Agencies (MDAs) at the state level.

During a visit to the Federal Pay Office in Benin, Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, warned that MDAs must not bypass TSA rules or maintain unauthorized accounts with commercial banks. Any exceptions require presidential approval through the AGF.

She urged FPOs to uphold transparency, professionalism, and ethical standards in managing federal funds, adding that routine inspections will ensure compliance.

Dr. Madein also acknowledged operational challenges and announced plans to build new office structures to improve working conditions for FPO staff.

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