Multichoice Nigeria, the leading pay-TV operator, has stirred controversy with its recent announcement of a substantial price hike across its DStv and GOtv packages. This move, marked as the second increment within the same year, is set to take effect from Monday, November 6, 2023.
In a notice sent to subscribers, Multichoice revealed that the new price adjustments range between 19% and 20% across various packages. The company had previously implemented a price increase on May 1, 2023, with adjustments ranging between 16.3% and 18% depending on the bouquet.
The alterations to the DStv packages include the Premium package, which will witness a 20% surge, reaching N29,500 per month from the current N24,500.
The Compact+ bouquet will now cost N19,800, up 19% from the previous N16,600 monthly. Similarly, the Compact package price will rise to N12,500, marking a 19% increase from the current N10,500.
Subscribers on the Confam package will face a 19% surge, with their monthly subscription escalating to N7,400 from N6,200. Meanwhile, viewers on the DStv Yanga bouquet will experience a 20% increase, with their monthly subscription climbing to N4,200 from N3,500.
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As for the GOtv packages, the Supa Plus package will see a 19% price hike, bringing the cost to N12,500 from the current N10,500. The Supa bouquet price will rise to N7,600 from N6,400, reflecting a 19% increase. Additionally, the GOtv Max subscription will now cost N5,700, up from N4,850, while the Jolli package will be priced at N3,950, an increase from the previous N3,300.
Multichoice also disclosed that customers on the lowest GOtv package, Jinja, will witness a monthly price increase to N2,700 from N2,250.
Though Multichoice has refrained from providing an official statement on the recent price hike, the company had previously cited economic challenges in the country during the May increment.
Notably, data from the National Bureau of Statistics (NBS) shows a surge in Nigeria’s inflation rate to 26.72% in September 2023, up from 25.80% in August of the same year.
“Due to the various economic challenges impacting our business operations, we have had to review the price of our packages to continue delighting our customers with great entertainment, anytime and anywhere.
“MultiChoice acknowledges the difficult economic climate and thus kept the increase at the lowest possible point whilst ensuring sustainability and provision of quality services,” it said in May.
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