Netflix has announced a significant price hike for its subscription plans in Nigeria, effective July 4, 2025.
The Premium plan will now cost ₦8,500 per month, up from ₦7,000, marking a notable increase for subscribers.
This adjustment follows a trend of periodic price changes as the streaming giant adjusts to economic conditions and operational costs in the region.
New Pricing Structure for Netflix Nigeria
According to recent reports, the price increase affects all tiers of Netflix subscriptions in Nigeria:
- Basic Plan: Now ₦4,000, up from ₦3,500.
- Standard Plan: Now ₦6,500, up from ₦5,500.
- Premium Plan: Now ₦8,500, up from ₦7,000.
These changes reflect Netflix’s strategy to align pricing with local economic factors while continuing to offer a wide range of content, including popular Nigerian originals and international shows.
Why the Price Hike?
The price adjustment comes amid rising operational costs and inflation in Nigeria.
Netflix has stated that the increase will help maintain the quality of its service and invest in more local content production.
However, the hike has sparked mixed reactions among subscribers, with some expressing frustration over the frequent price adjustments.
Impact on Nigerian Subscribers
For many Nigerians, the price increase may strain budgets, especially for households relying on the Premium plan for shared viewing.
The Basic plan, while still the most affordable, no longer supports HD streaming, which may push users toward the pricier Standard or Premium plans for better quality.
Subscribers are encouraged to review their plans before the new pricing takes effect on July 4, 2025, to assess whether the value aligns with their needs.
What’s Next for Netflix in Nigeria?
Netflix continues to expand its footprint in Nigeria, with investments in local content like King of Boys and Anikulapo.
The company aims to balance price increases with enhanced offerings, but subscriber retention may be challenged if economic pressures persist.