Again, MultiChoice Increase DStv, GOtv Monthly Subscription

The owners of popular cable TV networks DStv and GOtv, MultChoice Nigeria, have announced a new rise in the monthly bouquet subscription fee as the economic climate gets worse.

The costliest bouquet on DStv, Compact Plus, had a monthly subscription price increase from ₦29,500 to ₦37,000 in the new pricing list that THE MATRIX saw on Wednesday. Similarly, the highest package on GOtv, Supa Plus, saw a price increase from ₦12,500 to ₦15,700.

MultiChoice sources, who begged to remain anonymous, confirmed the most recent rise to Naija News and said it will go into effect on May 1, 2024.

In November, MultiChoice Nigeria announced an upward review of the bouquet prices of DStv and GOtv for the third time in 2023.

THE MATRIX recalls that President Bola Tinubu immediately removed the fuel subsidy upon assumption of office.

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This development caused a significant hike in the pump price of fuel from about ₦189 per liter to over ₦600, which it currently sells.

The rise in the pump price of fuel had adversely affected transporting, which had, 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 in the FX market.