The Nigerian Competition and Consumer Protection Tribunal (CCPT) has granted a request from lawyer Festus Onifade to withdraw his case against MultiChoice Nigeria concerning a price hike of GOtv and DStv subscriptions.
The verdict was reached by a three-member panel of the tribunal led by Thomas Okosu.
Onifade had sued MultiChoice and the Federal Competition and Consumer Protection Commission (FCCPC) over the price hike.
The earlier decision favoured Onifade, temporarily restraining MultiChoice from implementing the price increase scheduled for May 1, 2024, pending the hearing and determination of the motion on notice.
The decision by MultiChoice to go ahead with the increase led to the tribunal slamming a fine of N150 million and mandating a one-month free subscription for violating interim orders.
Punch reports that MultiChoice appealed and filed for a stay of proceedings, citing naira depreciation in defence of price changes.
The tribunal then rescheduled the case to November, but Onifade has decided to withdraw the suit, which the tribunal approved without awarding costs.
Here are DStv and GOtv monthly subscriptions:
Meanwhile, TimesNow.com.ng earlier reported that a DSTV user narrated how his friend switched to DSTV after trying different TV plans.
In a video clip, he explained that his friend had signed up for Max Pro but was disappointed when he couldn’t show football matches like DSTV.
Eventually, his friend returned to DSTV to enjoy live football fully and get the best value for his subscription.
Proofreading by James, Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng