FG to Begin Sale of Selected State-Owned Assets in 2026 — Finance Minister

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The Federal Government has announced plans to commence the sale of selected state-owned assets to private investors in 2026, as part of its broader economic reform and investment strategy.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this during an interview on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia. He stated that the government is currently finalising the list of public assets to be offered and outlining the transaction timeline.

“The plan is to offer some assets in 2026,” Edun said.

According to the minister, recent economic reforms have strengthened investor confidence and improved Nigeria’s competitiveness as an investment destination. He noted that policy adjustments and incentive structures have made the country more attractive to both domestic and foreign capital.

“What we have put in place has made Nigeria very competitive in terms of economic conditions and very attractive in terms of incentives for investors. Investors are now more comfortable investing in Nigeria,” he explained.

Edun emphasized that the administration’s approach is centered on public-private partnerships (PPPs) and asset optimisation rather than maintaining full government ownership. He said the objective is to encourage private sector participation to unlock value and drive efficiency.

“We are interested in public-private partnerships and optimisation of our assets by having others come in and invest,” he stated.

Reaffirming the government’s broader economic agenda, the minister stressed that increased investment is critical to achieving job-rich and inclusive growth. He noted that the reform programme is designed to rebuild policy credibility, strengthen macroeconomic stability, and position Nigeria to attract long-term capital ahead of the planned asset sales.

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