Suspend increase in subscription rate, Reps tell Multichoice
THE House of Representatives has directed Multichoice, owner of Pay TV options, DStv and GOtv, to suspend the implementation of the hike in its subscription rate due to the prevailing economic realities. This followed the adoption of a motion moved by Mr Esosa lyawe (APGA,Edo State). Moving the motion, Iyawe said: “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. “The 20-25 per cent 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 the increase in May 2024, sparked a public outrage and many Nigerians who are already dealing with rising costs of living were forced to ditch their decoders even as they lamented the lack of competition in the pay-TV sector. “We are concerned...