Details as FG Set to Review Recent New Hikes in DStv, Gotv Subscription Rates
The Nigerian government has announced plans to scrutinize the recent subscription price hikes by Multichoice for its DStv and GOtv services.
This decision comes after the Federal Competition and Consumer Protection Commission’s Acting CEO, Adamu Abdullahi, highlighted the need to ensure fair value for Nigerian subscribers during a Channels TV interview in Abuja.
Multichoice Nigeria recently informed customers of increased rates for its cable services, marking the second price adjustment in just four months. The new pricing, set to start on May 1, 2024, will impact both new and renewing subscribers.
This latest increase sees rates rising between 20% and 26% across various packages. For example, the DStv Premium Package will jump from N29,500 to N37,000, while the Compact Plus package will rise from N19,800 to N25,000. Other packages will see similar hikes, affecting a broad range of Multichoice’s offerings.
Multichoice attributes these increases to the escalating costs of production within the country. CEO John Ugbe stated that the adjustments are necessary to continue delivering quality content to subscribers.
However, the announcement has met with backlash from the public, with many Nigerians calling the price hikes unjustified. In response, the government’s review aims to assess the fairness of these new rates and ensure that the interests of consumers are protected.