The Lagos office of Africa Independent Television (AIT) has been shut down following persistent financial and operational challenges faced by its parent company, Daar Communications Plc.
Sources confirmed that the management ordered the closure after months of struggling to sustain operations at the Lagos bureau due to high maintenance costs and dwindling revenue.
It was gathered that delayed salary payments and rising operational expenses had worsened the situation, making it difficult for the station to continue broadcasting effectively.
While AIT’s Lagos branch has been closed, sister stations RayPower FM and Faaji FM are reportedly still on air and continuing normal operations.
The development is seen as a major setback for AIT, one of Nigeria’s pioneering private television stations, which for years maintained a strong presence in Lagos as a key hub for national and international news production.
As of press time, Daar Communications Plc has not issued any official statement regarding the shutdown or future plans for the Lagos office.
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#ReportingthereporterAIT Shuts Down Lagos Office After Months of Operational and Rumoured Salary Challenges
The Lagos office of Africa Independent Television (AIT) has been shut down following persistent financial and operational challenges faced by its parent company, Daar Communications Plc.
Sources confirmed that the management ordered the closure after months of struggling to sustain operations at the Lagos bureau due to high maintenance costs and dwindling revenue.
It was gathered that delayed salary payments and rising operational expenses had worsened the situation, making it difficult for the station to continue broadcasting effectively.
While AIT’s Lagos branch has been closed, sister stations RayPower FM and Faaji FM are reportedly still on air and continuing normal operations.
The development is seen as a major setback for AIT, one of Nigeria’s pioneering private television stations, which for years maintained a strong presence in Lagos as a key hub for national and international news production.
As of press time, Daar Communications Plc has not issued any official statement regarding the shutdown or future plans for the Lagos office.
