The federal government of Nigeria plans to start selling selected state-owned assets to private investors in 2026, according to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy.
Edun made this announcement during an interview at the AlUla conference for emerging market economies in Saudi Arabia, as reported by Bloomberg on Monday.
He highlighted that the government is in the process of identifying which assets will be available for sale and establishing a timeline for the transactions.
"The intention is to offer several assets for sale in 2026," the minister stated.
Furthermore, Edun mentioned that recent reforms have made Nigeria a more attractive location for investors.
"The measures we have implemented have enhanced Nigeria's competitiveness in terms of economic conditions and made it appealing for investors. I believe investors feel more secure in committing their resources in Nigeria now," he added.
Edun noted the government's interest in fostering public-private partnerships and optimizing state assets by inviting external investments.
On January 22, he stated that Nigeria is committed to achieving job-rich and inclusive growth, emphasizing that investment is key to enhancing productivity and economic expansion.
Additionally, the minister indicated that the country is continuing its economic reform efforts to restore credibility in policy and achieve macroeconomic stability.
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