...
  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Saturday, June 7, 2025
  • Login
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
No Result
View All Result
No Result
View All Result
Home News

House of Reps Orders Multichoice to Suspend Subscription Price Hike

March 4, 2025
in News
Reading Time: 2 mins read
0
Multichoice
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

The House of Representatives has directed Multichoice, the owner of popular Pay TV services DStv and GOtv, to suspend its planned increase in subscription rates due to the country’s current economic realities.

This resolution came after the House adopted a motion moved by Esosa Iyawe, a lawmaker from Edo State and a member of the All Progressives Congress (APC).

While presenting the motion, Iyawe highlighted the public dissatisfaction over Multichoice’s frequent price hikes, noting that the last increase in May 2024 had already sparked significant public outrage. He stated that many Nigerians, struggling with the rising cost of living, had been forced to abandon their subscriptions.

“The House notes that Multichoice, the owner of Pay TV options DStv and GOtv, recently announced an increase in the prices of all its packages in Nigeria, citing prevalent economic factors leading to increased operational costs as their reason for the proposed increase,” Iyawe explained.

He further expressed concern over the company’s dominance in the pay-TV sector, which he argued leaves consumers with limited options and exposes them to unjustified price increases.

“The 20-25 percent hike in subscription prices would be the second time in less than a year, as the last hike was in May 2024. We are concerned that due to the dominant position of Multichoice in pay-TV, price increases always have a widespread impact and put consumers under undue pressure,” he added.

The lawmaker also pointed out that despite frequent price hikes, there has been no significant improvement in service quality. Many subscribers have taken to social media to express frustration over the arbitrary increases and lack of alternative options in the industry.

With the motion adopted, the House of Representatives has formally called on Multichoice to halt the proposed subscription increase in Nigeria until a thorough investigation is completed.

The House also mandated its Committee on Commerce to investigate the pricing model used by Multichoice, ensuring that consumers are protected from exploitative practices. The committee is expected to submit its report within four weeks, after which further legislative action may be taken.

This development underscores growing concerns among Nigerian lawmakers about the lack of competition in the pay-TV sector, as well as the financial strain frequent price hikes impose on consumers.

ALSO READ TOP STORIES FROM VERILY NEWS

Tags: House of RepresentativesMultichoicePrice Hike
Share196Tweet123Share34

Related Posts

NAHCON Confirms All 484 Nigerian Pilgrims Safe After Makkah Hotel Fire

NAHCON Confirms All 484 Nigerian Pilgrims Safe After Makkah Hotel Fire

by Victor Haruna
June 7, 2025
0

The National Hajj Commission of Nigeria (NAHCON) has confirmed that all 484 Nigerian pilgrims involved in a fire incident at...

nigerian air force jf 17 thunder airstrike scaled 800x408 1

NAF Airstrikes Hit Boko Haram Hideouts in Pre-Eid Offensive

by Victor Haruna
June 7, 2025
0

The Nigerian Air Force (NAF), under Operation Hadin Kai, has executed precision airstrikes on key Boko Haram hideouts in Tumbumma...

HIGHLIFE

Legendary Highlife Musician Mike Ejeagha Passes Away at 95

by Victoria Ogbadu
June 7, 2025
0

The Nigerian music industry and the Igbo cultural community are in mourning following the death of veteran highlife maestro and...

Trump speaking to Elon Musk

Musk Has ‘Lost His Mind’ —Trump Says as Their Fallout Worsens

by Victor Haruna
June 7, 2025
0

US President Donald Trump said on Friday that Elon Musk had “lost his mind,” but signaled a desire to move...

EU welcomes Elon Musk

EU Says Elon Musk Is ‘Very Welcome’ Amid Fallout With Trump

by Victor Haruna
June 7, 2025
0

The European Commission has extended a warm, albeit subtly cheeky, welcome to Elon Musk after his dramatic fallout with former...

Load More
Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Wizkid

Wizkid Calls for Better Governance in Africa at Tribeca Film Festival

June 7, 2025
NAHCON Confirms All 484 Nigerian Pilgrims Safe After Makkah Hotel Fire

NAHCON Confirms All 484 Nigerian Pilgrims Safe After Makkah Hotel Fire

June 7, 2025
IYABO

Iyabo Ojo Defends Daughter Against Tanzanian Media Personality’s Threats

June 7, 2025
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.