Multichoice Gives Reasons For New DSTV, GOTV Monthly Subscription Packages, Nigerians React

• Nigerians have reacted to the latest price adjustment in DStv and GOtv subscription packages announced by Multichoice
• The company has explained the reasons behind its decision to increase all subscription fees
• This latest increase by Multichoice is the second in four months and the third within just one year

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Multichoice Nigeria announced the price adjustment of all DStv and GOtv packages in Nigeria on Wednesday, April 25, 2024.

The company said the new prices are expected to take effect from May 1, 2024.

Legit.ng reports that the latest increase is the second in the last four months and the fourth in 2 years.

Read also

Primate Ayodele sends prophetic message to Tinubu on economy, says "dollar not our problem"

In March 2022, Multichoice announced an increase in the prices of its DStv and GOtv packages.

Then, in April 2023, the broadcasting company announced a 17% upward revision of prices on its DStv and GOtv packages.

Another price review was announced in December 2023, Punch reports

Multichoice explains new DStv, GOtv prices

In a statement explaining the new price, Multichoice blamed the increase on rising business operation costs.

The statement reads:

“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.

Read also

JAMB highlights major challenge as 1.94 million candidates sat for 2024 UTME

“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.”

Here are the new rates

Nigerians react to DStv, GOtv new subscription fees

Reacting on X, a @@zikithekoko wrote:

“How much was a cup of garri then and now Chief? You really expect them not to increase prices.”

@its_shaokhan words:

"They should improve services too, they can't keep increasing fees without positive changes to their services"

Also, @Mr_Amogu said:

"As someone who's currently using a completely free cable decoder, I find it surprising to see that people are still crying over the increment in DSTV prices.”

@Titbeats1 added:

“Ever since I started streaming games live and broadcasting it on TV + Netflix. I stopped subscribing to DStv.”

@victoromondi144 noted:

“Those prices are way too high.”

MultiChoice launches payment bank

Read also

Marketers give reasons diesel will not sell for N950 despite Dangote refinery's price crash

Earlier, Legit.ng reported that MultiChoice Group, the South African media company known for owning DSTV and GOtv, is foraying into banking services by launching a new payment infrastructure platform called Moment.

In collaboration with investors Rapyd and General Catalyst, MultiChoice aims to revolutionise the payments landscape in Africa by providing businesses with a more accessible, faster, and cost-effective payment infrastructure.

Source: Legit.ng