Governor Samuel Ortom de Benue congratulated the federal government on releasing N18 billion from the Central Bank of Nigeria in support of state governments.
Mr Ortom praised Friday during an interaction with reporters at Benue Peoples Government House, Makurdi.
The governor, who clarified that the money was not a grant but a loan, said it would help most states address some basic development challenges.
Mr Ortom said Benue’s Executive Council, EXCO, will meet soon to prioritize the use of funds.
He revealed that for a state with a budget deficit, the money would support critical areas such as paying back wages and tackling the infrastructure deficit.
“We will ensure that the use of the money has a direct impact on the lives of our people,” he said.
Mr. Ortom regretted the recent murder of a priest and others in the village of Tor Donga in the Katsina-Ala local government area and assured that the perpetrators would be apprehended.
He said his administration would continue to work with state security agencies to protect the lives and property of all citizens.