Pay-TV operator Multichoice Nigeria has announced a second price increase for its DStv and GOtv packages this year, with hikes of at least 19 per cent across all bouquets.
The new prices will take effect on November 6, 2023, just five months after the company’s last price increase.
In a statement to subscribers, Multichoice said the latest price increase was due to “rising costs in all aspects of our business, including content acquisition, infrastructure maintenance, and operating expenses.”
The company also attributed the increase to “the current economic challenges in Nigeria,” which include high inflation and a weak naira.
The new prices for DStv packages are as follows: Premium: N29,500 (+20%); Compact+: N19,800 (+19%); Compact: N12,500 (+19%); Confam: N7,400 (+19%) and Yanga: N4,200 (+20%).
