Nigerians may be in for more pains as Multichoice, owners of DStv and GOtv, announced that a new price bouquet will take effect from November 6. This is coming at a time Nigerians continue to battle the ripple effect of fuel subsidy removal, inability to have healthy meals due to jumping inflation, weakening value of the Naira, amidst forex crises and insecurity.
The new hike, which MultiChoice is implementing from Monday, is about 20 per cent and will be the third time the South African firm would increase its price in 2023.
In a letter dated November 1, by the firm, addressed to partners, yesterday, Multichoice said: “On Monday, November 6, 2023, we will adjust our prices across all our packages on DStv and GOtv.
“We understand the impact this challenge may have on our valued customers and partners, but the rise in the cost of business operations, had led us to make this difficult decision.