Premium subscribers on DStv will from next month, June pay N16,200 against N15,800. This is addition of N400. This followed the recent announcement by the pay TV company to adjust its DStv and GOtv prices from June 1, 2020 to accommodate the implementation of the new VAT rate of 7.5% from 5%.
Compact Plus subscribers will pay N10,925 against N10,650. Similarly, Compact bouquet price has been adjusted from N6,800 to N6,975. Subscribers on Confam bouquet will now pay N4,615 against N4,500 while Yanga subscribers will pay N2,565 against N2,500.
Subscribers on Max on GOtv will pay N3,280 from N3,200 while Jolli and Jinja subscribers will pay N2,460 and N16,640 respectively.
MultiChoice explained that the increase in fees was in line with the legislation of the Federal Government which increased VAT in January 2020, with implementation effective 1 February 2020.
“In order to provide some relief for customers, MultiChoice Nigeria has absorbed the cost of increase in VAT for the past four months, keeping its products and services at the old 5% VAT, however this is no longer possible and the mandated 7.5% VAT will be applied accordingly”.
- Business Day
0 comments :
Post a Comment