FG to Sell Public Assets to Private Investors in 2026
By Patience Ikpeme
The Federal Government has announced that it will start selling some of its properties and businesses to private investors beginning from 2026.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, shared this update on Monday during an interview at a major conference in Saudi Arabia.
Mr. Edun explained that the government is currently working hard to decide exactly which of these national assets will be put up for sale and when the deals will happen.
He said the move is part of the government’s plan to make the Nigerian economy stronger and more attractive to people who want to put their money into the country. “The plan is to offer some assets in 2026,” the Minister said.
Edun noted that the current economic environment in Nigeria is now better for business because of the new rules and rewards the government has put in place for those who invest. According to him, these changes have made many international and local investors feel much more at ease about doing business in Nigeria.
“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,” Mr. Edun added.
The Minister also said the government is very interested in working together with the private sector through partnerships. He explained that instead of the government running everything alone, they want others to bring in their money and skills to make sure these national assets work better for everyone.
“We are interested in private public partnerships, optimisation of our assets by having others come in and invest,” he stated.
Earlier in January, Mr. Edun had mentioned that the government’s main goal is to create more jobs for Nigerians and make sure the economy grows in a way that helps everyone. He believes that getting more people to invest is the best way to make the country produce more goods and grow the wealth of the nation.
He concluded by saying that Nigeria is still following its plan to fix the economy, which will help keep prices stable and make the world trust Nigeria’s financial system more.
