LAGOS, Nigeria (VOICE OF NAIJA)- The Competition and Consumer Protection (CCPC) Tribunal sitting in Abuja has ordered MultiChoice Nigeria Limited to pay N25 million fine for violating a restraining order.
Multichoice is the owner of the satellite television services, DStv and GOtv — popular subscription-based platforms in Nigeria.
In a ruling on Thursday, a three-member panel of the tribunal, headed by Thomas Okosun, held the company breached the order of March 30 and liable to pay the penalty.
“The 1st defendant (MultiChoice) is in contempt of this tribunal,” Okosun said.
“So we have reviewed the position of Section 51(3) of FCCPC Act, 2018 and in compliance with the provision of Subsection 2 of the same Section 51, we hereby order the 1st defendant, MultiChoice Nigeria Ltd, to pay the sum of N25 million only as an administrative penalty for contempt of this honourable tribunal.”
