Breaking: AIT Shuts Down Alagbado Station Over Financial Crisis - The People's Voice

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Friday, October 24, 2025

Breaking: AIT Shuts Down Alagbado Station Over Financial Crisis


By Our Correspondent

In a shocking development, Raymond Dokpesi’s African Independent Television (AIT) one of Nigeria’s pioneering private TV stations in Nigeria and Africa has officially shut down its Alagbado, Lagos office indefinate.

According to reports, the closure was due to a severe lack of funds needed to maintain staff salaries, power supply, and essential broadcast equipment. Staff members were reportedly informed that the station could no longer sustain operations at the Alagbado branch, a move that marks another major setback for the once-vibrant media giant.

The decision has sparked reactions across the media industry, with many lamenting the harsh economic realities that continue to affect media organizations in Nigeria. Rising costs of electricity, diesel, and maintenance — coupled with dwindling advertising revenue — have made it increasingly difficult for independent stations to stay afloat.

AIT, founded by the late Chief Raymond Dokpesi, played a key role in shaping Nigeria’s media landscape and was once known for its bold journalism and nationwide reach. The closure of its Lagos office is a stark reminder of the tough times facing the country’s media sector.

What’s next for AIT? While operations continue from its Abuja headquarters, insiders say more restructuring may follow as management struggles to keep the network running.

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