Nigerian Government Plans Sale of State-Owned Assets to Private Investors in 2026

The Nigerian government, led by Minister of Finance and Coordinating Minister of Economy Wale Edun, has announced plans to commence the sale of select state-owned assets to private investors in 2026. This initiative is part of efforts to deepen economic reforms and attract new capital to Nigeria.

Edun disclosed this strategy during an interview on the sidelines of an emerging market economy conference in Saudi Arabia. The government is currently reviewing its portfolio of public assets to determine which will be offered for sale, along with a timeline and structure for the disposals.

The proposed asset sales are expected to form part of President Bola Tinubu's administration's broader strategy to optimize government-owned assets, improve efficiency, and position Nigeria as a competitive destination for private investment. The government is already undertaking preparatory work to ensure that the asset sales are conducted in a credible and investor-friendly manner.

Edun emphasized that the plan to offer assets in 2026 is aimed at making Nigeria more competitive in terms of economic conditions and attracting incentives for investors.