Mr Adelabu said, “We have a national grid that is more than 50 years old.’’
The report said that the N431.16 billion collected was out of the N543.64 billion billed customers, which translated to a collection efficiency of 79.31 per cent.
The Nigerian Electricity Regulatory Commission says 25,847 metres were installed under the National Mass Metering Programme framework in 2023.
Mr Aiyedatiwa said that his government was moving towards energy independence.
Mrs Olanrewaju said that a temporary solution would be provided to restore electricity supply to the area.
The judge ordered the respondents to stop taking any further steps pending the determination of the motion in the matter.
Mr Olubiyi said the current administration has engaged in diverse reforms in the power sector.
The residents who spoke in Abuja, specifically urged the committee handling the process to double their efforts to cushion the effects of government economic policies.
On April 3, Musiliu Oseni, the vice chairman of NERC, announced the 300 per cent electricity tariff increase for Band A consumers in the country.
“We have all been overseas before; we know how conscious the power consumers are about electricity consumption,” he added.
