Multichoice Nigeria has gone ahead with the upward adjustment of its prices for subscribers on DStv and GOtv, despite a recent court ruling prohibiting the company from raising rates.
On April 24, MultiChoice announced that beginning from 1st of May, it would increase its price for its DStv and GOtv cable services.
According to the Acting Chairman of the Federal Competition & Consumer Protection Commission (FCCPC), Adamu Abdullahi, Multichoice wrote explained the reason behind the upward price review.
Abdullahi stated that the company identified issues such as foreign exchange crunch, high electricity tariff and cost of running generators as some of the reasons why the rates were reviewed.
Reacting to the announcement, a competition and consumer protection tribunal (CCPT) in Abuja ruled that the company should not increase its prices.
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Despite the court ruling, the company has proceeded with the tariff increase as earlier proposed.
On its official website, the new prices are now being displayed and implemented.
For DStv Premium subscribers, the price has moved from N29,500 to N37,000, while the price for Compact Plus has also gone from N19,800 to N25,000.
Compact rate has moved from N12,500 to 15,700 while Confam and Yanga subscribers will pay N9,300 and N5,100 respectively from their previous rates of N7,400 and N4,200.
For GOtv, the elite subscribers (Supa+ and Supa) will now pay N15,700 and N9,600 respectively as against the previous rates of N12,500 and N7,600 before.
The Max and Jolli subscribers are to pay N7,200 and N4,850 respectively from the former rates of N5,700 and N3,950.
