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 vs FCCPC: Court to Deliver Judgment on May 8

Eriki Joan UgunushebyEriki Joan Ugunushe
March 27, 2025
in Business & Finance
0
MultiChoice vs FCCPC: Court to Deliver Judgment on May 8
Share on FacebookShare on TwitterShare on Whatsapp

The Federal High Court in Abuja has fixed May 8 for judgment in the case between MultiChoice Nigeria Limited and the Federal Competition and Consumer Protection Commission (FCCPC). Justice James Omotosho set the date after both parties presented their arguments regarding MultiChoice’s price increase on DStv and GOtv.

Table of Contents

Toggle
  • MultiChoice Challenges FCCPC’s Authority Over Price Control
  • FCCPC Defends Its Oversight Powers
  • Court Reserves Judgment Until May 8

MultiChoice Challenges FCCPC’s Authority Over Price Control

MultiChoice, through its lead counsel, Onigbanjo, argued that the FCCPC lacks the legal power to regulate the prices of goods and services, including subscription fees for DStv and GOtv. He maintained that price control is only within the powers of the President of Nigeria, who has publicly stated that his government does not interfere with pricing but allows the market to determine costs.

MultiChoice vs FCCPC: Court to Deliver Judgment on May 8

The plaintiff also accused the FCCPC of discrimination, stating that other businesses have increased their prices without facing similar regulatory actions. “If the FCCPC has no powers to fix prices, how can it stop us from increasing ours?” MultiChoice’s lawyer argued.

FCCPC Defends Its Oversight Powers

In response, the FCCPC’s lead counsel, Professor Joe Agbugu (SAN), stated that the Commission is not attempting to fix prices but is investigating whether MultiChoice’s price hike is exploitative. He emphasized that the FCCPC Act grants the agency the authority to check excessive pricing and abuse of market dominance, especially in industries where consumers have limited alternatives.

According to Agbugu, MultiChoice holds a dominant position in the Nigerian entertainment industry, making it subject to stricter regulatory scrutiny. “This is not about price fixing; it’s about protecting consumers from exploitation,” he explained.

Court Reserves Judgment Until May 8

After hearing both sides, Justice Omotosho reserved judgment until May 8, leaving consumers and industry stakeholders waiting to see if MultiChoice will be allowed to continue its price adjustments without FCCPC interference.

Tags: BusinesscourtFCCPCfederal charactermultichoiceNewsNigeria
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 12, 2025
Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds
Business & Finance

Banks in Panic as CBN Gives 48-Hour Deadline for Failed ATM Refunds

October 11, 2025
Robbers Hit Nigerian Bank, Steal Over 10 Billion
Business & Finance

Robbers Hit Nigerian Bank, Steal Over 10 Billion

October 11, 2025
Next Post
FG Condemns Shooting of Immigration Officer Linked to Chinese Company

FG Condemns Shooting of Immigration Officer Linked to Chinese Company

Naira Slumps Against Dollar, Euro, and Pound

Naira Sinks as Dollar, Euro, and Pound Surge

Trump Takes Aim at Smithsonian Museums Over Alleged ‘Anti-American’ Content

Trump Takes Aim at Smithsonian Museums Over Alleged 'Anti-American' Content

Leave a Reply Cancel reply

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

Recommended

Tinubu Postpones 2025 Budget Presentation to National Assembly

Tinubu Postpones 2025 Budget Presentation to National Assembly

10 months ago
Dollar, Euro and Pounds To Naira Exchange Rate For Today, September 30 2024

Dollar, Euro and Pounds To Naira Exchange Rate For Today, October 2 2024

1 year ago
NAFDAC seizes 50 million naira worth of drugs

NAFDAC seizes 50 million naira worth of drugs

2 years ago
The 25-year marriage of Sylvester Stallone and Jennifer Flavin has ended.

The 25-year marriage of Sylvester Stallone and Jennifer Flavin has ended.

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 food 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 ukraine US
No Result
View All Result

Highlights

Viral Video Shows Ola of Lagos’ Showroom Being Torn Down – Here’s His Reaction

Leaked Audio Exposes Portable’s Shocking Confession About Ashabi Simple

Why Nigerian Rappers Are Envious Of Me – Odumodublvck

Oscar-Winning Actress Diane Keaton Dies at 79

Bruno Fernandes Clarifies Reasons for Refusing £100m Saudi Offer to Stay at Man Utd

Is Nowhere Safe? Mississippi Shooting Adds to Grim Tally of US Mass Shootings

Trending

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

byEriki Joan Ugunushe
October 12, 2025
0

The Nigerian Naira has been dealt yet another humiliating blow in the black market, as foreign currencies—particularly...

Peter Obi Takes Nigeria’s Problems to God in Rome Pilgrimage

Peter Obi Takes Nigeria’s Problems to God in Rome Pilgrimage

October 12, 2025
Israel Gets U.S. Green Light to Wipe Out Hamas Tunnels

Israel Gets U.S. Green Light to Wipe Out Hamas Tunnels

October 12, 2025
Viral Video Shows Ola of Lagos’ Showroom Being Torn Down – Here’s His Reaction

Viral Video Shows Ola of Lagos’ Showroom Being Torn Down – Here’s His Reaction

October 12, 2025
Leaked Audio Exposes Portable’s Shocking Confession About Ashabi Simple

Leaked Audio Exposes Portable’s Shocking Confession About Ashabi Simple

October 12, 2025

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

  • October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
  • Peter Obi Takes Nigeria’s Problems to God in Rome Pilgrimage
  • Israel Gets U.S. Green Light to Wipe Out Hamas Tunnels

Categories

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

© 2024 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