Vice President Kashim Shettima has declared that the inauguration of Nigeria House at the 2026 World Economic Forum (WEF) in Davos reflects the country’s renewed seriousness and determination to participate actively in global economic conversations.
Speaking at the formal opening of Nigeria House in Davos, Switzerland, Shettima described the pavilion as a historic milestone in Nigeria’s international economic engagement, noting that nations do not prosper in isolation.
He said Nigeria House symbolises a deliberate shift from passive observation to purposeful participation in global economic discourse, adding that it reflects the country’s readiness to engage the world with clarity and confidence.
According to him, while the pavilion was conceived as a whole-of-government platform, its true strength would lie in private sector participation, stressing that enterprise, innovation and capital are critical to translating policy into growth.
Shettima highlighted the gains of recent economic reforms, noting that Nigeria’s economy grew by about 3.9 per cent in 2025, driven largely by the non-oil sector, which now accounts for roughly 96 per cent of GDP.
He said inflation eased significantly by the end of 2025, while foreign reserves rose above $45 billion, reflecting improved macroeconomic stability and growing investor confidence.
The Vice President invited global investors to leverage Nigeria House as a platform for collaboration, dialogue and partnership, stressing that progress is achieved through shared engagement rather than isolation.
Earlier, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, described Nigeria House as a product of strong public-private collaboration and a reflection of renewed confidence in Nigeria’s economy.
She said publications launched at the event would showcase investment opportunities in solid minerals, agriculture, creative and digital sectors, aligning with President Bola Tinubu’s economic reform agenda.
Deji Elumoye
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