Nigerian Government to Privatize 91 Assets, Including Refineries and Airports

The Nigerian Federal Government plans to privatize or lease 91 government-owned assets, including refineries, airports, and other major businesses. The Bureau of Public Enterprises (BPE) revealed that the assets to be privatized include Tafawa Balewa Square, Trade Fair Complex, four refineries, five international airport terminals, and more.

While 35 companies will be fully privatized, 57 will be partially privatized. The privatization process will be transparent and involve experts in finance, law, and technical matters.

Each enterprise will be handled based on its sector, with careful consideration to maximize the value gained from the assets. Specific names of the companies involved were not disclosed.