The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun says the Federal Government plans to start selling state-owned assets to private investors in 2026.
Edun according to Bloomberg, spoke on Monday during an interview on the sidelines of the AlUla conference for emerging market economies in Saudi Arabia.
Speaking further, he said the Federal Government is currently working on to determining which assets will be offered for sale and the timelines for the transactions.
“What we have put in place has made Nigeria very competitive in terms of the economic conditions and very attractive in terms of the incentives for investors. I think investors are now more comfortable to invest in Nigeria.
“We are interested in private public partnerships, optimisation of our assets by having others come in and invest.”
It will recalled that on January 22, Edun said Nigeria is pursuing a job-rich and inclusive growth, noting that investment remains critical to boosting productivity and expanding the economy.
The minister however assured that Nigeria the Gaint of West African is still on the path of economic reforms aimed at restoring policy credibility and macroeconomic stability.
