Nigeria Plans to Sell State-Owned Assets in 2026, Says Finance Minister

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the federal government will begin selling state-owned assets to private investors starting in 2026.

Speaking on Monday during an interview at the AlUla conference for emerging economies in Saudi Arabia, Edun stated that the government is currently identifying which assets will be offered for sale and finalizing the timeline for transactions.

“The plan is to offer some assets in 2026,” Edun confirmed.

He emphasized that Nigeria’s recent economic reforms have improved the country’s investment climate. “What we have put in place has made Nigeria very competitive in terms of the economic conditions and very attractive in terms of the incentives for investors,” Edun said. “I think investors are now more comfortable to invest in Nigeria.”

The minister highlighted the government’s interest in public-private partnerships as a strategy to optimize national assets and attract external investment.

This move aligns with the administration’s ongoing economic reforms aimed at ensuring fiscal discipline, restoring macroeconomic stability, and promoting job-rich growth. In January, Edun noted that investment remains crucial for boosting productivity and expanding Nigeria’s economy.

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