CEM REPORT, ENTERTAINMENT | DStv and GOtv users will be paying between 19 to 20 per cent more across all packages from Monday, November 6.
Multichoice Nigeria in a notice to its subscribers cited difficult economic climate impacting its business operations but kept the increase at the lowest possible point.
Under the new price regime, DStv Yanga bouquet and DStv Premium package have been increased by 20 per cent. DStv Premium package will now go for ₦29,500 from ₦24,500 while DStv Yanga bouquet monthly subscription will go for ₦4,200 from ₦3,500.
According to the notice sent to its subscribers, from Monday, November 6, Compact+ Bouquet subscribers will pay ₦19,800 from ₦16,600 monthly, a 19 per cent increase.
Similarly, Compact Bouquet subscribers will pay ₦12,500 as against ₦10,500 they are currently paying, a 19 per cent increase. While Confam Package subscribers will pay ₦7,400 as against ₦6,200, also a 19% increase.
For GOtv, the lowest package, Jinja, had been increased by 20 per cent from the present ₦2,250 to ₦2,700 monthly. while the Jolli package now goes for ₦3,950 from ₦3,300 representing a 19.6 per cent increase.
GOtv Max subscription has also increased by 17.5 per cent from ₦4,850 to ₦5,700.
Supa bouquet will now go for ₦7,600 as opposed to the ₦6,400 experiencing an 18.7 per cent increase while the Supa Plus package subscribers will now be paying ₦12,500, a 19 per cent increase from the current price of ₦10,500.
The latest price review is the third this year alone. MultiChoice earlier reviewed its prices in April and May citing economic challenges.
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Nobody is against an increase (if purchasing power is capable) but the question of timing is brought to bear. Nigerians are presently battling a series of economic tides resulting from the complete removal of fuel subsidy by the President Bola Ahmed Tinubu led administration, not to mention the weakening of the naira as a result of collapsing the exchange windows.
While the action and policies of the administration are steps in the right direction the positive effect is yet to be experienced by Nigerians.
But yet again Nigerians are a dogged set who will strive to survive holding on to their entertainment.