Nigeria Targets State Asset Sales to Private Investors This Year

Nigeria plans to start selling state-owned assets to private investors this year, as the authorities seek to leverage economic reforms aimed at drawing capital to the West African nation.

The government is identifying which assets it will sell, along with the timeline of when they will be offered, Finance Minister Wale Edun said in an interview on Monday on the sidelines of the AlUla Conference for Emerging Market Economies in Saudi Arabia.