Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

MultiChoice Fined N100,000 by Tribunal, Directors Risk Jail Over Subscription Price Increase.

Somto NwanoluebySomto Nwanolue
July 23, 2022
in Business & Finance
0
MultiChoice Fined N100,000 by Tribunal, Directors Risk Jail Over Subscription Price Increase.
Share on FacebookShare on TwitterShare on Whatsapp

The Competition and Consumer Protection -CCP tribunal has fined MultiChoice N100,000 over a case against the company involving subscription price increase and contempt of court.

MultiChoice was penalized by the tribunal for failing to give a response to a substantive suit regarding the price spike after the three-member tribunal presided over by Thomas Okosun gave the firm 21 days to do so.

In its defense, Jamiu Agoro, MultiChoice’s lawyer, reported that the tribunal needed to resolve the issue of jurisdiction before judging the substantive suit, as the Federal Competition and Consumer Protection Commission, -FCCPC was the appropriate authority to first hear the case.

Agoro explained that the tribunal can only be approached if the complainant, Festus Onifade who is also the legal practitioner, is not satisfied with the FFCPC resolution.

However, Onifade reported that he had tabled the issue before FCCPC since May 2020, on behalf of himself and the Nigerian consumer, but the commission has yet to act on his case, hence, his reason for approaching the tribunal.

Meanwhile, Onifade said that MultiChoice violated the order of the tribunal, after the court issued ex-parte on March 30, 2022, ordering the company to maintain the status quo and not increase its subscription.

MultiChoice had disclosed previously that it will increase its subscription price on April 1, and it will go ahead with the hike despite the tribunal directing it to suspend the decision. Agoro claimed that the mechanisms had already been put in place to automatically implement before the tribunal’s directive.

However, Onifade said that it was a disrespectful act to the court, and the directors of MultiChoice must “show cause why they should not be committed to prison for wilful disobedience of the order of this honorable tribunal granted on March 30, 2022.”

Tags: FCCPCFestus OnifadeJamiu AgoromultichoiceSubscription Price IncreaseThomas OkosunTribunal
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

UN Warns of 'Imminent Collapse' as US Pays Just 5% of What It Owes
Business & Finance

UN Warns of ‘Imminent Collapse’ as US Pays Just 5% of What It Owes

February 24, 2026
15% Tax Trap: How Trump’s Tariffs Hit Everyone Abroad
Business & Finance

15% Tax Trap: How Trump’s Tariffs Hit Everyone Abroad

February 23, 2026
EU Freezes Assets of Russia’s Most Brutal Judges
Business & Finance

EU Freezes Assets of Russia’s Most Brutal Judges

February 23, 2026
Next Post
NPC Debuts Census Dashboard and Mobile Device Management System

NPC Debuts Census Dashboard and Mobile Device Management System

Sex for Roles Should be a Punishable Offence — Mr Macaroni Declares.

Sex for Roles Should be a Punishable Offence — Mr Macaroni Declares.

“Never Stop believing in Yourself” – Mane.

“Never Stop believing in Yourself” - Mane.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Robert Vieira Released After 13-Month Detention in Tunisia

Robert Vieira Released After 13-Month Detention in Tunisia

11 months ago
Counting the sporting cost of Russia’s invasion of Ukraine

Counting the sporting cost of Russia’s invasion of Ukraine

4 years ago
Nigeria’s Boko Haram Reintegration: Is One Year Enough?

Nigeria’s Boko Haram Reintegration: Is One Year Enough?

1 year ago
Ondo Couple Found Unconscious in Bed, Baby Dies

Ondo Couple Found Unconscious in Bed, Baby Dies

3 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

Spring Break Nightmare: Cartel Violence Strands Thousands in Mexican Tourist Hotspots

UN Warns of ‘Imminent Collapse’ as US Pays Just 5% of What It Owes

Mexico In turmoil as Cartel Leader Death Trigger Security Worry Ahead of 2026 World Cup

How ‘Revenge Of The Nerds’ Star Robert Carradine Died At 71 – Details

How Cartels Used AI Fake News to Spread Fear After El Mencho’s Death

Tariffs, Iran, and a Divided America: What to Expect From Trump’s State of the Union

Trending

2026 Met Gala Theme Unveiled
Fashion & Lifestyle

Met Gala 2026: Why Nigerian Designers Will Clear the Theme

bySomto Nwanolue
February 24, 2026
0

The 2026 Met Gala theme has officially been unveiled: "Fashion Is Art." Accompanied by the spring exhibition...

Foluke Adeboye Appointed Chancellor Of Caleb University

Foluke Adeboye Appointed Chancellor Of Caleb University

February 24, 2026
Manhunt Underway After 23 Inmates Escape in Cartel Prison Break

Manhunt Underway After 23 Inmates Escape in Cartel Prison Break

February 24, 2026
Spring Break Nightmare: Cartel Violence Strands Thousands in Mexican Tourist Hotspots

Spring Break Nightmare: Cartel Violence Strands Thousands in Mexican Tourist Hotspots

February 24, 2026
UN Warns of 'Imminent Collapse' as US Pays Just 5% of What It Owes

UN Warns of ‘Imminent Collapse’ as US Pays Just 5% of What It Owes

February 24, 2026

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Met Gala 2026: Why Nigerian Designers Will Clear the Theme
  • Foluke Adeboye Appointed Chancellor Of Caleb University
  • Manhunt Underway After 23 Inmates Escape in Cartel Prison Break

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com