           Nigeria is estimated to have generated about $700bn (N220.41trn) from oil, but lost over $500bn (five hundred billion dollars to corruption and abuse of office since independence (N157.45trn) Between 2012 and 2015 Nigeria lost about $50bn (fifty billion dollars)(equivalent to n15.745trn)s The Financial sector alone is estimated to have lost between 2002-2014 about $321.7 million and N122.59bn. The Anti-Corruption Agency (EFCC) has recovered from corrupt public officers looted funds totaling N2 trillion naira ($6.35bn) in 12 years (2004-2016) of operation. Between May 2015 – may 2016, the EFCC made cash recoveries totaling N78.33bn; $185.1mn; £3.5mn pounds and 11,250euros. Further made recoveries under interim, forfeiture (cash and assets) totaled N126.56bn, $9.09bn (over nine billion dollars), 2.48mn pounds and 303,399 euros. Further, awaiting repatriation from foreign jurisdictions are : - $321.3m, 6.9million pounds and 11,826 euros. Also a total of 239 non-cash recoveries of farmlands, landed properties, vehicles and maritime vessels. As at February 17, 2017 the Federal Government made the following recoveries under Interim forfeiture: - $153 million (N34bn), $15mn (N4.5bn), $9.8mn (3.1bn), $40mn (N12.72bn) and a total of cash in naira totaled N36.565bn from individuals. This includes several landed properties and exotic cars valued at hundreds of millions of naira. EFCC had secured the following number of convictions: - 125 in 2016, 103 in 2015, 126 in 2014 and 117 in 2013. The resultance consequence of the above lost to corruption and abuse office is the fact that the reportedly generated $700 billion dollars (N220.4trillion) from crude oil between 1999 and 2015, have made little impact on the quality of life and standard of living of ordinary Nigerians and on infrastructural development. The above development has already rendered negligible the recently reported recoveries of about N2 trillion ($6.35bn) only. See EFCC website: - www.efccnigeria.org; see also Daily Trust Newspaper, Abuja, Friday, February 17, 2017 at pp.1 and 6). 4. Social Protection and Economic Benefits initiatives: - 2015-2016/17 i. N-Power Graduates Job Creation Scheme: - is designed to engage the teeming number of unemployed youths/graduates from tertiary institutions across the country. A total of 200,000 unemployed graduates selected for the first batch of the scheme are being paid N30,000 per month stipends. 150,00 out of the total have been deployed as support teachers to help address shortage of teachers in school at the basic and secondary school levels. Another 30,000 graduates have been deployed as extension worker in various communities to boost government’s diversification agenda. Another 20,000 graduates have been deployed as community health workers to strengthen community health services. ii. The pilot phase of the Bank of Industry (BOI) – UNDP Solar Power Scheme was concluded with the commissioning of four solar systems at off-grid rural locations in Gombe, Kaduna, Edo and Adamawa States. Those in Niger and Osun states were commissioned in 2015. More than 1,500 homes and small businesses were electrically powered. 126