The Senate has agreed to probe a failed agreement that would have seen local manufacturers produce prepaid meters that would have been distributed across the nation to better electricity usage.

Also to be investigated is the two trillion naira subsidy which the Minister of Power, ADEBAYO ADELABU said would be required to avoid a repeat of the fuel subsidy scenario still bedevilling the nation’s economy.

Following the resolves, the committee on power was mandated to equally investigate the 1.3 trillion naira owed by the ministry to generating companies and 1.3 billion dollars owed to gas companies.

The Lawmakers agreed that the Federal Government should engage the Nigerian Electricity Regulatory Commission and come up with a lasting solution to the energy billing system in the country.

They also resolved to investigate the operations of distribution companies to ascertain the current status of metering, and their extent of compliance with relevant legal and regulatory frameworks in service delivery, as well as the release of funds by the government for mass pre-paid metering.