From Monday, November 6, and for the third time in the year, Nigerians will have to pay more to watch their favourite channels on Dstv and Gotv following the new hike of 17 percent in their subscription by the Pay-TV service provider, MultiChoice Nigeria.
Multichoice in the update to subscribers said GOtv subscribers will now pay N12,500 for the Supa+ package – the highest subscription price as against the N10,500 that it initially cost. DStv subscribers will also be made to pay N29,500 as against the N24,500 it earlier charged premium subscribers.
This is the third time that MultiChoice will be increasing the bouquet prices of DStv and GOtv this year. The pay-TV firm increased its subscription package in May 2023 by 17 percent after it increased bouquet prices earlier in the year.
The latest increase comes as Nigerians continue to battle the ripple effect of fuel subsidy removal and the weakening value of the country’s currency at the FX market.
President Bola Ahmed Tinubu had on assumption of office immediately removed subsidy on fuel, the development caused a significant hike in the pump price of fuel from about N189 per litre to over N600 which it currently sells.
The rise in the pump price of fuel had adversely affected transportation which, in turn, affected the prices of commodities across the nation with Nigerians struggling to afford basic commodities. The prices of commodities hiked further after the President Bola Tinubu-led government floated the country’s currency causing it to weaken further at the FX market.
