Nigerians are set to pay more for cable TV as MultiChoice increased its service offerings in Nigeria.
According to a statement issued by the company, the new prices take effect from May 1, 2024, just five months after its last price upward review.
The company’s reviewed price list showed a 25 percent hike. While this is the company’s first price review of 2024, it increased prices at least thrice in 2023 after announcing a $72m loss in its third-quarter financial statement.
The statement, titled, ‘Price Adjustment on DStv and GOtv Packages,’ read in part: “On Wednesday, 1 May 2024 we will adjust our prices across all our packages on DStv and GOtv.
“We understand the impact this change may have on you our valued customer, but the rise in the cost of business operations, has led us to make this difficult decision.
“It remains our mission to provide the best entertainment and viewing experience to you and are committed to continue to deliver high-quality content and unparalleled service.”
With the latest price hike, the DStv Premium package increased by 25.42 percent from 29,500 to 37,000. Similarly, the DStv Compact+ has increased by 26.26 percent from N19,800 to N25,000, while the Compact package has increased by 25.6 percent from N12,500 to N15,700.
Other packages, including Confam, have increased to N9,300 from N7,400; Yanga has risen to N5,100 from N4,200, and Padi has increased to N3,600 from N2,950.
Meanwhile, subscribers on the GOtv Supa+ package will now pay N15,700 against N12,500; the Supa package has increased to N9,600 from N7,600; and Max subscribers will now pay N7,200 from N5,700.
Also, the GOtv Jolli package price will increase to N4,850 from N3,950, while the prices of the GOtv Jinja and GOtv Lite will rise from N2,700 to N3,300 and from N1,300 to N1,575, respectively.
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