8 State-Owned Companies In Nigeria Up For Privatization

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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