On Tuesday, MultiChoice Nigeria announced a 17% increase in the cost of its DStv and GOtv bundles.
The new charges will be effective on May 1, 2023, as stated in a text message issued to customers.
The pay-TV company claimed that the price change was necessary due to the increased costs of conducting business.
“Please note that from May 1, your monthly subscription (premium) will be N24,500. To retain your old price of N21,000 for up to 12 months ensure you are active by April 30,” the text message reads.
The Compact+ bouquet would cost N16,600 instead of N14,250 per month after the increase.
Compact bouquet subscribers will now pay N10,500 instead of N9,000, and Confam bundle subscribers will now pay N6,200 instead of N5,300.
Also, viewers of DStv Yanga and Padi bouquets will pay N3,500 and N2,500 respectively, as against N2,950 and N2,150.
Meanwhile, subscribers on the Gtv Supa package will now pay N6,400 as against N5,500; with those on Gtv Max expected to pay N4,850 as against N4,150.
More so, the GOtv Jolli package price will increase to N3,300 from N2,800; while that of the GOtv Jinja and GOtv Lite will rise from N1,900 to N2,250; and from N900 to N1,100, respectively.
But despite the rate increases, MultiChoice Nigeria also made a price lock offer to subscribers who may renew their subscriptions before their due dates.
The offer, which is meant to cushion the effect of the price review, allows customers to pay the old rates for 12 months if they pay monthly before the expiration of their subscriptions.