The Federal Government has unveiled plans to commence the sale of selected state-owned assets to private investors in 2026, as part of efforts to deepen economic reforms and attract new capital into Nigeria.
The announcement was made by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia.
Edun said the government is reviewing its portfolio of public assets to determine which ones will be offered for sale, along with the timeline and structure for their disposal. He explained that the proposal is part of the Tinubu administration’s broader strategy to optimise government-owned assets, improve efficiency, and position Nigeria as a more competitive destination for private investment.
“Preparatory work is already underway to ensure that the asset sales are conducted in a credible and investor-friendly manner,” Edun said. “The plan is to offer some assets in 2026. What we have put in place has made Nigeria very competitive in terms of 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 public-private partnerships and the optimisation of our assets by having others come in and invest.”
The planned asset sales are anchored on a series of economic reforms introduced by President Bola Ahmed Tinubu since taking office in May 2023, aimed at boosting private sector participation and driving sustainable growth.
