8 State-Owned Companies In Nigeria Up For Privatization

Written by Lillian Mutiso

Nigeria, Africa’s leading economy and the most populous country on the continent with more than 170 million people, has over the year privatized several state-owned companies. While some went on well a recent sale-off of 10 power plants was mired with allegations of corruption that left many investors disgruntled.

Despite this the oil producing nation that is facing tough financial times due to a fall in commodity prices in the global market, still plans to hive off more companies to private investors. Some of the companies up for privatization in Nigeria are;

Sources; BBC, Bloomberg, portstrategy, Hope for Nigeria, Vanguard News, The Guardian