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Nigerian Government Targets N189 Billion Asset Sale to Fill 2026 Budget Gaps

Business
This Day
1 min read
Nigerian Government Targets N189 Billion Asset Sale to Fill 2026 Budget Gaps

The Nigerian government plans to generate N189 billion through the sale of national assets in 2026 to address budget deficits. The assets include oil and gas, agriculture, aviation, and public enterprises.

The move aims to attract investments, enhance efficiency, and reduce fiscal pressures. The Bureau of Public Enterprises (BPE) confirmed the privatization of 91 federal assets, with a focus on key economic sectors.

The government's 2026 budget outlines total expenditures of N58.47 trillion against projected revenues of N33.20 trillion.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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