It has been verified by industry insiders that MultiChoice plans to raise the monthly subscription fees for its DStv and GOtv packages. The popular Compact bouquet will now cost ₦19,000 instead of ₦15,700.
Following the ongoing devaluation of the naira, rising inflation, and growing energy prices, this development occurs over a year after the company’s last price review.
Price Changes for Different Bouquets
The changes will impact viewers of DStv Compact, Access, and Family bouquets, which account for a sizable percentage of MultiChoice’s customer base.
DStv Compact: 15,700 →
$9,300 to $11,000 for the DStv Family
$5,100 to $6,000 for DSTV access
DStv Premium and Compact+: Expected to rise as well (specific numbers not yet finalized).
Changes will also be made to the Value and Plus packages for GOTV customers:
Channel Value: ₦3,600 -> ₦3,900
Cable Plus: ₦4,850 → 5,800
Price increases due to economic realities
Speaking to TheCable, an industry insider blamed the pricing changes on the Federal Government’s current economic reforms, which include raising electricity tariffs, removing fuel subsidies, and floating the Naira.
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“Goods and services prices have nearly doubled since the Federal Government started its economic reforms in 2023. As of December 2024, inflation stands at 34.80%. As a result, companies have been obliged to make pricing adjustments, sometimes up to three times in the previous year, according to an industry insider.
Foreign exchange volatility has caused many Nigerian businesses, particularly those in the consumer products, transportation, and telecommunications industries, to suffer significant financial losses.
