FCCPC had directed MultiChoice Nigeria on February 27, 2025 to maintain its current pricing structure for DStv and GOtv pending the conclusion of an examination of its proposed price hike.
Browsing: FCCPC
Toriola, MTN Nigeria Communications Plc and others will be arraigned over alleged failure to produce documents and information required by the commission in compliance with a lawful summons contrary to the FCCPC Act.
While the FCCPC granted the company’s request to postpone the session, it has now rescheduled the hearing for March 6, 2025, mandating the company’s CEO, relevant officers, and a comprehensive response to the inquiry.
MultiChoice’s summon was contained in a statement issued by the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, on Tuesday.
The Commission on its official X handle on Friday, said the engagement was as part of its sector by sector roundtable compliance drive.
The News Agency of Nigeria reports that the matter was instituted by Emeka Nnubia, a shareholder of MTN and a legal practitioner.
The synergy, according to Mr Tunji Bello, the Executive Vice Chairman of FCCPC, would ensure robust consumer protection in the telecommunications industry.
Nonetheless, why must Air Peace be an exception when there are others like Guaranty Trust Bank and MTN Nigeria that are being investigated.
The agents also appealed to the FCCPC to expand the scope of its fact-finding to other airlines in the country.
Director, Surveillance and Investigation, Boladale Adeyinka, said neither the airline nor the chairman, Dr. Allen Onyema, is under investigation.
A statement issued by Ondaje Ijagwu, the Director Corporate Affairs of the Commission on Sunday in Abuja, said it would engage Guaranty Trust Bank over reports of network failures that hindered customers from accessing their funds.
This occurs when marketers over inflate the prices of their goods in order to make huge profits at the expense of the final consumers.
Tunji Bello, Executive Vice Chairman, FCCPC, made the call at a town hall meeting in Lagos tagged: “Stakeholders Engagement on Exploitative Pricing.”
The Founder of CPPE, Dr. Muda Yusuf, gave the advice in a statement he issued and made available to newsmen on Sunday in Lagos.
The organisation, Whatsapp, said this in a statement made available to the News Agency of Nigeria on Saturday in Lagos.
Acting Executive Chairman of FCCPC, Dr Adamu Abdullahi, disclosed this at a press briefing after a Stakeholders Meeting with members of RCN and NASON in Lagos on Thursday.
He equally lamented the survival and development of some critical sectors of the economy, including the broadcast media
The commission added that it’s still considering appropriate sanctions to be meted out against the owner of the supermarket, Liu Bei, sealed for not allowing Nigerians to shop at the facility.
The FCCPC confirmed the development in a post on its X handle on Wednesday, two days after sealing the mart.
The supermarket, located at Royal Choice Estate, Lugbe, allegedly permits only Chinese access to purchase groceries.