Netflix has announced a significant increase in its subscription fees for Nigerian users, effective July 4, 2025. This marks the third price hike in less than a year, following increases in April and July 2024.
📊 New Subscription Rates
The updated monthly fees are as follows:
- Premium Plan: ₦8,500 (previously ₦7,000) — a 21.43% increase.
- Standard Plan: ₦6,500 (previously ₦5,500) — an 18.18% rise.
- Basic Plan: ₦4,000 (previously ₦3,500) — up by 14.29%.
- Mobile Plan: ₦2,500 (previously ₦2,200) — a 13.64% increase
📈 Reasons for the Increase
While Netflix has not explicitly cited inflation as the sole reason, it acknowledged that pricing adjustments reflect “local market conditions,” including inflation and taxes . The company has also stated that such increases support its strategy to fund new content and enhance user experience .
💰 Impact on Nigerian Consumers
The timing of this price hike coincides with Nigeria’s challenging economic climate, characterized by rising inflation and a 50% surge in data costs by telecommunications operators. These factors may make streaming services less accessible for many households .
For more details on the new subscription plans and their features, users can visit Netflix’s official website or contact customer support.legit.ng
