The federal government says it will begin the sale of selected state-owned assets to private investors in 2026, as part of ongoing efforts to deepen economic reforms, attract fresh capital, and improve efficiency in public enterprises.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while speaking during an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia on Monday.
Edun said the government was still finalising which public assets would be offered for sale and the transaction schedule.
“The plan is to offer some assets in 2026,” the minister said.
He explained that ongoing economic reforms have helped improve investor confidence in the country and made Nigeria a more competitive destination for capital.
“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. I think investors are now more comfortable to invest in Nigeria,” Edun said.
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The finance minister added that the federal government is focusing on partnerships with the private sector rather than outright public control of assets.
“We are interested in private public partnerships, optimisation of our assets by having others come in and invest,” he said.
Edun also reiterated the administration’s broader economic direction, noting that investment remains central to the country’s growth strategy.
He recalled that on January 22, the federal government reaffirmed its commitment to pursuing what he described as job-rich and inclusive growth, stressing that higher investment is essential to raising productivity and expanding the economy.
According to the minister, Nigeria remains firmly committed to a reform agenda aimed at rebuilding policy credibility and strengthening macroeconomic stability, as the government seeks to attract long-term domestic and foreign investors ahead of the planned asset sales in 2026.
