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MultiChoice Breaks Silence About Leaving Nigeria

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MultiChoice Nigeria has reaffirmed its commitment to the Nigerian market, with the company’s first female Chief Executive Officer, Kemi Omotosho, declaring that the business remains firmly invested in the country and optimistic about its future.

Omotosho made the remarks while reflecting on MultiChoice’s more than three decades of operations in Nigeria, its contribution to the creative economy and the company’s plans to adapt to changing consumer habits through television, streaming and technology.

According to the CEO, Nigeria remains a critical market for the company despite the economic pressures facing consumers and businesses. She stressed that MultiChoice is focused on providing quality entertainment while making its products more affordable, accessible and flexible for Nigerian subscribers...READ THE FULL ARTICLE HERE .

The company has already taken steps in that direction by reducing the entry price for DStv and GOtv to N15,000 for a full set, while monthly packages now start from N6,000. MultiChoice has also introduced DStv Stream, allowing customers to access its content without requiring a satellite dish or installation.

Omotosho explained that the changes are part of a broader strategy to respond to the way Nigerians increasingly consume entertainment. With streaming and digital platforms becoming more popular, MultiChoice is looking beyond traditional television while continuing to strengthen its existing services.

She noted that technology will play an increasingly important role in how the company delivers entertainment to customers, giving subscribers more control over what they watch, how they watch it and how they manage their accounts.

MultiChoice’s integration into CANAL+, a global media and entertainment group operating across several countries, is also expected to create new opportunities for its Nigerian operations. The development gives the company access to international technology, content, expertise and innovation while allowing it to maintain a strong focus on the Nigerian market.

Omotosho emphasised that being part of a global organisation does not mean losing the company’s Nigerian identity. Instead, she said the combination of international scale and local understanding could help MultiChoice deliver products and content that are better suited to Nigerian audiences.

The company’s relationship with Nigeria, she explained, has evolved considerably since it began operating in the country more than 30 years ago. What started primarily as an effort to bring television entertainment into Nigerian homes has grown into a wider ecosystem involving content production, sports, technology, employment and creative development.

MultiChoice has also positioned itself as an important participant in Nigeria’s creative industry through investments in local productions and talent development. Its programmes have supported young Nigerians seeking careers in film and television production, while its partnerships with producers, creatives, dealers, installers and other businesses have created economic opportunities beyond the company itself.

Omotosho highlighted the importance of Nigerian stories and talent to MultiChoice’s long term strategy, noting that local content is increasingly attracting audiences beyond Nigeria and across Africa.

She also pointed to Big Brother Naija as an example of how a global entertainment format can be adapted into something distinctly Nigerian through local personalities, language, music, fashion and culture.

According to her, partnerships will remain central to the company’s strategy. MultiChoice intends to continue working with Nigerian producers, creative professionals, broadcasters, government agencies and other stakeholders to strengthen the entertainment industry and create an environment where businesses and talent can grow.

The CEO also acknowledged that Nigerian consumers are under significant financial pressure, making affordability an important consideration for the company’s future. She said MultiChoice would continue looking for ways to provide greater flexibility while maintaining the quality of its entertainment offerings.

Her comments come at a time when competition in Nigeria’s entertainment and streaming market is becoming increasingly intense, with consumers having more choices than ever before.

For MultiChoice, the challenge is therefore to retain its traditional television audience while attracting customers who are increasingly turning to smartphones, streaming platforms and other digital services.

Omotosho, who made history as the first female CEO of MultiChoice Nigeria, also spoke about the significance of her appointment and expressed hope that it would encourage more women to pursue leadership positions.

She argued that leadership should be based on competence, hard work, courage and the ability to deliver results rather than gender, urging young women to believe in their abilities and take advantage of opportunities when they arise.

Looking ahead, MultiChoice says its ambition is not simply to remain a major entertainment company in Nigeria but to continue contributing to the development of the country’s creative economy.

The company plans to expand its digital offerings, invest in Nigerian stories and talent, improve accessibility and provide customers with more ways to consume entertainment.

For Omotosho, the ultimate measure of the company’s long term success will be its ability to entertain millions of Nigerians while also helping build an industry that creates jobs, develops world class talent and takes Nigerian stories to audiences around the world.

With MultiChoice maintaining that it remains committed to Nigeria despite the country’s economic challenges, the company appears determined to deepen its presence in the market and position itself for the next phase of Nigeria’s rapidly changing entertainment industry.

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