MultiChoice has recently announced a third price increase in 2023 for DStv and GOtv subscribers in Nigeria, which is set to take effect on November 6. This adjustment in subscription fees is attributed to the escalating costs associated with business operations.
Starting November 6, subscribers will notice changes in their monthly subscription rates. For the premium package on DStv, the new monthly rate will be N29,500, reflecting a 17% increase from its previous cost of N24,500.
Similarly, the Compact Plus package will see a price hike to N19,000, up from N16,600, while the Compact and Confam bouquets will be priced at N12,500 and N7,400, respectively, as opposed to their earlier rates of N10,500 and N6,200.
The Yanga bouquet on DStv will also experience an adjustment, with its new price set at N4,200, up from the previous N3,500.
Revised GOtv and DStv Price Hikes (Subscription Rates)
For GOtv subscribers, the Supa pack, the highest bouquet, will now be priced at N7,600, an increase from its previous cost of N6,400.
The Max and Jolli packages, which were previously N4,850 and N3,300, will now cost N5,700 and N3,950, respectively. The Gotv Jinja package will also see an increase to N2,700, up from its initial price of N2,250.
This price revision marks the third within a 10-month period, following earlier reviews in April and May. The decision to raise prices comes as Nigerians grapple with the consequences of fuel subsidy removal and the devaluation of the country’s currency in the foreign exchange market.
In an internal memo, the corporation stated, “Due to the various economic challenges impacting our business operations, we have had to review the price of our packages in order to continue delighting our customers with great entertainment, anytime and anywhere.”