Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has announced that the federal government intends to begin selling state-owned assets to private investors in 2026.
Speaking on Monday during an interview on the sidelines of the AlUla conference for emerging market economies in Saudi Arabia, Edun said the government is currently identifying which assets will be offered and establishing timelines for the transactions. “The plan is to offer some assets in 2026,” he stated.
He added that recent measures have made Nigeria competitive and attractive for investment, creating confidence among private sector participants. “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,” he said.
Edun emphasised the government’s interest in public-private partnerships and the optimisation of state assets through private sector involvement. He highlighted that investment remains crucial to driving productivity, expanding the economy, and supporting job-rich and inclusive growth.
On January 22, the minister had outlined Nigeria’s commitment to economic reforms aimed at restoring policy credibility and macroeconomic stability, noting that the country continues to pursue strategies to strengthen investor confidence and stimulate sustainable growth.
