Finance minister Wale Edun says government will identify assets and timelines for sale as Nigeria courts private investors and partnerships.
Nigeria’s federal government will commence the sale of selected state owned assets to private investors in 2026, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said.
According to Bloomberg, Edun spoke on Monday during an interview on the sidelines of the AlUla conference for emerging market economies in Saudi Arabia.
He said the government is currently working on determining which assets will be offered for sale and the timelines for the transactions.
“The plan is to offer some assets in 2026,” the minister said.
Edun added that recent reforms have positioned Nigeria as an attractive destination for investors.
“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.
“We are interested in private public partnerships, optimisation of our assets by having others come in and invest.”
On January 22, Edun said Nigeria is pursuing a job rich and inclusive growth, noting that investment remains critical to boosting productivity and expanding the economy.
The minister also said the country remains on the path of economic reforms aimed at restoring policy credibility and macroeconomic stability.
