The federal government plans to begin selling selected state-owned assets to private investors in 2026. The Minister of Finance, Wale Edun, made the announcement during an interview on the sidelines of the AlUla conference for emerging market economies in Saudi Arabia.
Edun said officials are identifying which assets will be offered and setting timelines for the sales. He described the moves as part of efforts to improve investment and economic competitiveness.
The minister noted that reforms since the removal of fuel subsidies have strengthened fiscal discipline, making Nigeria more attractive to investors. He said public-private partnerships and asset optimisation are key goals of the programme.
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Edun reiterated that investment remains critical for job creation and economic expansion, and that the asset sales are intended to support inclusive growth.
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