The Nigerian government has announced plans to review the recent price increases in Multi-Choice cable subscriptions to ensure that subscribers in Nigeria receive value for their money.
Adamu Abdullahi, the Acting CEO of the Federal Competition and Consumer Protection Commission (FCCPC), disclosed this during an interview on Channels TV’s Abuja programme.
MultiChoice Nigeria recently announced a fresh hike in the prices of subscriptions for its DStv and GOtv packages, just four months after the previous fee adjustment. The new prices, which will take effect on May 1, 2024, affect both new subscribers and existing customers renewing their packages.
Explaining the reason for the price hike, MultiChoice cited the persistent increase in the cost of production within the country. The subscription fee for packages on both platforms was increased by about 20 percent to 26 percent, depending on the package.
For example, the cost of the DStv Premium Package was raised from N29,500 to N37,000, while the Compact Plus package increased from N19,800 to N25,000. The Compact package moved from N12,500 to N15,700, the Confam package from N7,400 to N9,300, and the Yanga package from N4,200 to N5,100. Additionally, the Padi package increased from N2,950 to N3,360, the HDPVR Access Service from N4,000 to N5,000, the Access fees from N4,000 to N5,000, and the XtraView from N4,000 to N5,000.
For GOtv packages, the Supa+ package increased from N12,500 to N15,700, Supa from N7,600 to N9,600, Max from N5,700 to N7,200, Jolli from N3,950 to N4,850, Jinja from N2,700 to N3,300, and Smallie from N1,300 to N1,575.
In an email signed by MultiChoice CEO, John Ugbe, the company explained that the price adjustment would enable them to provide more quality content to subscribers’ homes across the country.
However, many Nigerians have expressed outrage over the development, describing the price adjustment as unjustified.
