DSTV and GOTV Subscriptions Increases as a result of inflation in Nigeria.
DSTV and GOtv subscriptions have increased in Nigeria as a result of inflation. Inflation is a general increase in prices and a decrease in the purchasing power of money. It can be caused by a number of factors, including an increase in the money supply, a decrease in the supply of goods and services, or a decrease in demand for goods and services.
In Nigeria, inflation has been on the rise in recent years. In 2022, the inflation rate was 17.7%, which was the highest it had been in over a decade. This increase in inflation has led to an increase in the prices of goods and services, including DSTV and GOtv subscriptions.
In April 2022, MultiChoice, the company that owns DSTV and GOtv, announced that it would be increasing the prices of its subscriptions in Nigeria. The price increases ranged from 10% to 20%, and affected all of the company’s packages.
DSTV and GOTV Subscriptions Increases as a result of inflation in Nigeria
Here are the current DSTV and GOtv subscription prices in Nigeria as of April 2023:
- Premium: N24,500
- Compact Plus: N16,600
- Compact: N10,500
- Confam: N6,200
- Yanga: N3,500
- Padi: N2,500
- Supa: N6,400
- Max: N4,850
- Jolli: N3,300
- Jinja: N2,250
- Lite: N1,100
Please note that these prices are subject to change without notice.
The price increases were met with criticism from some Nigerians, who argued that they were unfair and would make it more difficult for people to afford DSTV and GOtv subscriptions. However, MultiChoice defended the price increases, saying that they were necessary to cover the rising costs of doing business in Nigeria.
The price increases are likely to have a significant impact on the Nigerian entertainment market. DSTV and GOtv are the two largest pay-TV providers in Nigeria, and their subscriptions are a major source of income for many Nigerians. The price increases are likely to lead to a decrease in the number of people who subscribe to DSTV and GOtv, which could have a negative impact on the Nigerian entertainment industry.
In addition to the price increases, MultiChoice has also been criticized for its poor customer service. Many Nigerians have complained about long wait times, rude customer service representatives, and difficulty in canceling subscriptions. These complaints have led to a decline in customer satisfaction with MultiChoice.
The combination of price increases and poor customer service is likely to make it more difficult for MultiChoice to retain its customers in Nigeria. The company will need to address these issues if it wants to remain competitive in the Nigerian pay-TV market.