Nigeria is planning to sell some of its state-owned properties to private companies starting in 2026, according to Wale Edun, who is both the finance minister and the coordinating minister of the economy.
Edun mentioned this during an interview with Bloomberg at the AlUla conference in Saudi Arabia, which focused on economies that are just starting to grow.
He said that the government is figuring out which assets will be up for sale and when those sales will happen.
We’re planning to offer some assets in 2026, Edun stated. He believes that the steps Nigeria has taken have made the country appealing to investors because of the favourable economic conditions and incentives. I think investors feel better about putting their money in Nigeria now, he added.
The government is also looking into public-private partnerships and finding ways to get more out of its assets by bringing in outside investors.
Back on January 22, Edun spoke about Nigeria’s goal to create jobs and ensure that everyone benefits from economic growth. He stressed that investment is key to boosting productivity and growing the economy.
He also noted that Nigeria is continuing with its economic reforms to rebuild trust in its policies and stabilise the economy. These reforms are designed to create a better environment for investment and sustainable growth. The focus is on making Nigeria a more attractive place for businesses to operate, which will create more jobs and opportunities for its citizens.
