Nigeria pays least DSTV subscription of Multichoice countries

Nigeria pays the least DSTV subscription rates of countries where Pay Tv company, Multichoice, has its footprints, as deduced from a document seen by BusinessDay.

This is contrary to claims that Nigerian subscribers are among the most charged of its sub-Saharan peers where the firm operates.

Nigerian subscribers pay an average of N8, 250 monthly across all four subscription packages ranging from the higher priced premium plan to the more affordable family plan.

Using the Central Bank quoted exchange rate of N306 per dollar, this comes to $27, which is 58 percent less than the average rate of $42.88 paid by all 11 countries where Multi-choice operates, according to BusinessDay calculations. (See Fig.1)

Ghana pays the highest rate across all plans, and is followed closely by Tanzania and Uganda. While South Africa is second to Nigeria as one of the least charged.

  Old prices Reductions New prices (1 Nov) Country currency USD equivalent
Premium  
– Ghana 395.00 8% 365 GHC 91.25
– Kenya 9,400.00 13% 8,180 KSH 80.982
– Uganda 334,000.00 14% 287,250 UGX 83.3025
– Tanzania 219,000.00 16% 184,000 TZS 84.64
– Zimbabwe 81.00 11% 72 USD 72
– Ethiopia 84.00 5% 80 USD 80
– DTH 88.00 7% 82 USD 82
– Mauritius 2,835.00 5% 2,700 MUR 74.93
– Malawi 77.00 9% 70 USD 70
– Nigeria   13, 980 NGN 43.68
– South Africa     759 ZAR 56.16
     
Compact +      
– Ghana 265.00 8% 245.00 GHC 61.25
– Kenya 6,400.00 15% 5,425.00 KSH 53.16
– Uganda 225,000.00 15% 190,700.00 UGX 55.30
– Tanzania 147,000.00 17% 122,500.00 TZS 56.35
– Zimbabwe 55.00 15% 47.00 USD 47
– Ethiopia 60.00 9% 54.00 USD 54
– DTH 59.00 10% 53.00 USD 53
– Mauritius 1,700.00 7% 1,645.00 MUR 45.82
– Malawi 53.00 15% 45.00 USD 45
– Nigeria    9,420 NGN 29.43
– South Africa (Extra)     459 ZAR 33.96
     
Compact      
– Ghana 160.00 7% 149.00 GHC 37.25
– Kenya 3,750.00 5% 3,550.00 KSH 34.79
– Uganda 128,000.00 5% 121,600.00 UGX 35.26
– Tanzania 84,500.00 5% 82,250.00 TZS 37.83
– Zimbabwe 32.00 12% 28.00 USD 28
– Ethiopia 33.00 0% 33.00 USD 33
– DTH 31.00 7% 29.00 USD 29
– Mauritius 1,088.00 0% 1,088.00 MUR 30.30
– Malawi 30.00 7% 28.00 USD 28
– Nigeria    6,000 NGN 18.75
– South Africa     345 ZAR 25.53
     
Family      
– Ghana 95.00 10% 85.00 GHC 21.25
– Kenya 2,150.00 12% 1,900.00 KSH 18.62
– Uganda 73,000.00 9% 66,750.00 UGX 19.35
– Tanzania 51,000.00 16% 42,900.00 TZS 19.73
– Zimbabwe 21.00 21% 17.00 USD 17
– Ethiopia 21.00 8% 19.00 USD 19
– DTH 23.00 15% 19.00 USD 19
– Mauritius 714.00 11% 665.00 MUR 18.52
– Malawi 21.00 24% 16.00 USD 16
– Nigeria     3,600 NGN 11.25
– South Africa     219 ZAR 16.20

Fig.1- Nigerian subscribers still pay least DSTV subscription rates, despite price reduction in some countries

Source: Multichoice

“For two years, prices were not increased in Nigeria until April 2015. Even when they were increased, they remained substantially lower than in other countries,” Caroline Oghuma, the company’s Public Relations Manager told BusinessDay.

“MultiChoice made a decision to absorb costs on behalf of the Nigerian subscriber because the company recognizes that the country is passing through a difficult economic phase,” Oghuma added.

Nigeria’s 180 million people are scuffling with accelerating inflation, high unemployment rates and squeezed incomes and have been vocal about their struggles to afford DSTV.

These are pass-through effects from the country’s worst economic slump dating back to 1991, according to the National Bureau of Statistics (NBS) data.

Unemployment is at 13.9 percent, the highest in six years, and although inflation cooled for the first time in 15 months in February 2017-on the back of base effects, the food index is still at an 11-year high.

Foreign-currency shortages, after the Central Bank of Nigeria removed a currency peg in June, causing the naira to lose almost 40 percent of its value against the dollar, has pushed the inflation rate to the highest in more than a decade as the costs of imports surged.

To ease the pain on households, MultiChoice recently launched a new loyalty programme called “DStv Thanks” in Nigeria and select African countries, where DStv subscribers will be getting access to additional TV channels for free, if they remain subscribed for at least 3 months.

LOLADE AKINMURELE

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