Connect with us

Business

BREAKING: Multichoice Proceeds With DStv, GOtv Price Hike Despite Court Ruling

New DStv and GOtv price: Despite a court order, Multichoice Nigeria has implemented price hikes for its DStv and GOtv subscribers, citing reasons such as foreign exchange constraints and high electricity tariffs.

Published

on

BREAKING: Multichoice Proceeds With DStv, GOtv Price Hike Despite Court Ruling
Multichoice - Dstv and Gotv

New DStv and GOtv price: Despite a court order, Multichoice Nigeria has implemented price hikes for its DStv and GOtv subscribers, citing reasons such as foreign exchange constraints and high electricity tariffs.

The company’s decision to proceed with the tariff increase has sparked controversy amid ongoing economic challenges.

Despite a recent court order restraining Multichoice Nigeria from raising its subscription rates, the popular Pay TV provider has gone ahead with the upward adjustment of prices for its DStv and GOtv subscribers.

RECOMMENDED FOR YOU  See New Subscription Prices For GOtv, DStv As Multichoice Hikes Price By 19%

VerseNews reports that Multichoice announced the price increase on April 24, with the new rates scheduled to take effect from May 1.

Advertisement

However, following an interim order from the competition and consumer protection tribunal (CCPT) in Abuja, Multichoice was instructed not to implement the price hike.

Despite this ruling, a check by this Online News Platform revealed that the company has proceeded with the tariff increase as planned, with the new prices now displayed and implemented on its official website.

RECOMMENDED FOR YOU  Nigerians To Buy Cement At N9,000 Per Bag - Manufacturers Warns

For DStv subscribers, the Premium package now costs N37,000, up from N29,500, while the Compact Plus bouquet has increased to N25,000 from N19,800.

Similarly, GOtv subscribers will also experience price hikes, with the Supa+ and Supa packages now costing N15,700 and N9,600 respectively.

Advertisement

Multichoice cited reasons such as the foreign exchange crunch, high electricity tariffs, and the cost of running generators as factors necessitating the price review.

RECOMMENDED FOR YOU  Access Bank Introduces Offline Banking Platform To Break Barriers

The Acting Chairman of the Federal Competition & Consumer Protection Commission (FCCPC), Adamu Abdullahi, confirmed receipt of a letter from Multichoice explaining these reasons and stated that the commission would scrutinize them to understand their impact on the company’s operations.

whatsapp
Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

President Bola Tinubu 3 President Bola Tinubu 3
Politics3 hours ago

BREAKING: Tinubu Suspends Three Permanent Secretaries, Orders Arrest Over Fake Agency

President Bola Tinubu has suspended three permanent secretaries and ordered the arrest of George Buchi Nwabueze following the discovery of...

arsenal cov arsenal cov
Sports3 hours ago

Arsenal Begin Premier League Title Defence With 3-0 Win Over Coventry City

Arsenal started their Premier League title defence in style with a comfortable 3-0 win over newly promoted Coventry City at...

Victor Osimhen with Arsenal badge Victor Osimhen with Arsenal badge
Sports3 hours ago

Victor Osimhen To Arsenal: Why Wages And Galatasaray Price Could Decide Transfer

Victor Osimhen to Arsenal transfer update: See why wages, Galatasaray’s price, Arsenal’s striker search and Osimhen’s decision could determine the...

hull united hull united
Sports3 hours ago

Manchester United vs Hull City Today: Kick-Off Time, Team News, Prediction And How To Watch

Manchester United vs Hull City today: See kick-off time, Nigerian time, team news, predicted lineups, how to watch and match...

adeleke apc accord adeleke apc accord
Politics3 hours ago

Osun Election: How APC, Accord Spent Over N100bn Amid Vote Buying

APC and Accord allegedly deployed over N100bn in the Osun governorship election, with billions reportedly spent on vote buying, agents,...

ndleaaa ndleaaa
News3 hours ago

NDLEA Busts ₦39bn Cocaine Cartel, Arrests Influencer KC Luxury At Lagos Airport

NDLEA has arrested social media influencer KC Luxury over an alleged ₦39bn cocaine cartel after 184.5kg of cocaine was intercepted...

liverpool mancity badges liverpool mancity badges
Sports4 hours ago

Liverpool, Man City Face New Era as Salah and Guardiola Depart

Liverpool and Manchester City begin a new Premier League era without Mohamed Salah and Pep Guardiola, leaving both clubs facing...

obi tinubu atiku obi tinubu atiku
Politics4 hours ago

Peter Obi Challenges Tinubu, Atiku, Other 2027 Aspirants to Face Nigerians, Defend Their Records

Peter Obi has challenged Tinubu and other 2027 presidential hopefuls to defend their records, engage Nigerians directly and subject their...

UK visa UK visa
News4 hours ago

Nigerian Passport UK: NIS Sends Intervention Team To Clear Backlog, Who Can Apply

Nigerians in the UK with pending passport applications, new applications or passports close to expiry can benefit from the NIS...

big brother mail housemates big brother mail housemates
Big Brother Naija4 hours ago

BBNaija Season 11 Eviction: Full List Of Housemates At Risk This Week

BBNaija Season 11 eviction: See the full list of housemates at risk this week, who is safe, why Abi’s HoH...

Advertisement