The privatization agency in Africa’s largest economy plans to sell or allow private investors to manage 36 state-owned assets to boost government revenues that have come under pressure from lower oil earnings. Two free economic zones in the northern city of Kano and Calabar in the oil region as well as power generation plants are among assets marked for sale or concession, Alex Okoh, director-general of the Bureau of Public Enterprises said on Tuesday. The power plants have the capacity to add 3,300 megawatts to the nation’s electricity generation, while the economic zones will boost export earnings by about $2 billion over the next five to seven years, Okoh said. Oil earnings in Africa’s top crude producer fell short of target by 49.5% in the first five months through May, the Ministry of Finance, Budget and National Planning said in a report Tuesday. Non-oil revenue also fell below expectation […]