Home Business MultiChoice Reduces Prices For DStv, GOtv After Court Order
BusinessNews

MultiChoice Reduces Prices For DStv, GOtv After Court Order

184

In response to a court order mandating the reversal of a recent price hike, MultiChoice Nigeria has reduced its subscription rates for DStv and GOtv users. The Competition and Consumer Protection Tribunal in Abuja had called for this adjustment.

As of June 16, 2024, the new subscription rates have been updated on the company’s apps. DStv Premium package subscribers will now pay N29,500, down from N37,000. The Compact+ package is reduced to N19,800 from N25,000. The Compact Bouquet is now N12,500, Confam is N7,400, Yanga is N4,200, and Padi is N2,950.

GOtv subscribers will also see reductions, with the Super+ package now costing N12,500 instead of N15,700. GOtv Super is N7,600, GOtv Max is N5,700, GOtv Joli is N3,950, and GOtv Jinja is N2,700.

The price readjustments follow a ruling that also fined MultiChoice Nigeria N150 million and ordered the company to provide one month of free subscription to its customers. This ruling resulted from a suit filed by lawyer Festus Onifade, who argued that the eight-day notice for the price increase was insufficient.

MultiChoice, a popular pay-TV service in Nigeria, was launched in 1994 and has, since then, enjoyed a monopoly. Its recent legal battles and price hikes have, however, led to a decline in the company’s subscriber base in Nigeria. The company has reported losing over a million subscribers. Despite criticisms of frequent price hikes, MultiChoice maintains that these increases are due to the rising business costs in Nigeria’s inflationary economy.

The company has vowed to appeal the tribunal’s decision, citing challenges in maintaining steady prices due to the unstable operating conditions in Nigeria.

Read more: Nigerian Doctor Warns: Raw Beans in Markets May Contain Dangerous Pesticides

About The Author

Related Articles

NewsSecurity

Sudan War: RSF Leader Agrees To Attend US-Mediated Ceasefire Talks

The paramilitary Rapid Support Forces (RSF) has agreed to participate in US-mediated...

News

NIGER: Dismissed Employees of Chinese Oil Company Protest Nonpayment of Salaries

Nigerien employees of a Chinese oil company, CNPC, who are working on...

NLC Planned Protest
News

NLC Denies Withdrawing From Planned Protest, Stands In Solidarity With The People

The Nigeria Labour Congress, NLC, has denied reports that it has pulled...

Netflix Subscription Prices Nigeria
EntertainmentNews

Netflix Increases Subscription Prices In Nigeria For The Second Time In 3 Months

Netflix has raised its subscription prices again in Nigeria. The Premium Plan...