This was disclosed in a text message from MultiChoice, owners of DStv and GOtv on Sunday.
“Dear DStv customer, due to a price adjustment, your Premium package fee changed from N13,980 to N14,700, effective May 1, 2017,” the message read.
See details of the new rates:
DStv Premium: From N13,980 to N14,700
Compact Plus: From N9,420 to N9,900
Family : From N3,600 to N3,800
Compact: From N6,000 to N6,300
Access bouquet: N1,800 to N1,900
Commercial: N1,720 to N1,850
GOtv plus: From N1,800 to N1,900
GOtv Value: From N1,200 to N1,300
GOtv Lite: From N400 to N450
In a statement on Sunday, John Ugbe, the Managing Director of Multichoice Nigeria, said:
We announced last year that we would do everything possible to hold the price barring any extreme factors. However, all our content is purchased in dollars and although we have done everything possible to hold the prices even with the prices of everything else going up, we are now left with no choice but to adjust our subscription prices from May 1.
Our key priority is to put subscribers’ needs at the heart of everything we do and, therefore, in determining the price adjustment, we took into account many factors, including the impact on the customer; current inflation, which stands at 19 per cent; programming costs; and efficiencies within the company.
The DStv Premium, DStv Compact+, DStv Compact, DStv Family and DStv Access packages will continue to be available at varying pricing points to allow subscribers flexibility in price and choice without compromising quality or variety. We thank our customers for their support during the past year,” he added.