Vice President Kashim Shettima has formally opened Nigeria House, the country's inaugural sovereign pavilion at the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, marking a historic milestone in Nigeria's global economic diplomacy.
The inauguration, held on Monday during the forum running from January 19 to 23, 2026, underscores Nigeria's renewed determination to transition from observer to active participant in shaping international economic discussions.
The Nigeria House, located on the prominent Davos Promenade and established through a public-private partnership, serves as a dedicated hub for ministerial engagements, investment roundtables, bilateral meetings, and cultural exchanges throughout the week.
In his remarks at the commissioning ceremony, Vice President Shettima emphasized that Nigeria's future prosperity hinges on deliberate and structured engagement with the global economy.
"The opening of Nigeria House in Davos reflects the country’s renewed seriousness, readiness, and resolve to take its place as an active participant in shaping global economic conversations," he stated.
He described the pavilion as a platform for meaningful dialogue, adding, “We are here to learn from you just as much as we are here to inform you of the opportunities that await in Nigeria. Progress is not a monologue; it is a dialogue.”
Shettima highlighted the tangible progress under President Bola Tinubu's administration, noting that the dividends of recent reforms are now materializing.
He pointed to Nigeria's economic performance in 2025, where GDP expanded by approximately 3.9% the fastest pace in over a decade largely propelled by a resilient non-oil sector that now constitutes roughly 96% of GDP.
Sectors such as services, agriculture, finance, and technology have shown steady expansion, with non-oil activities driving growth amid improved macroeconomic stability, strengthened foreign reserves, and easing inflationary pressures.
The Vice President assured that Nigeria House would host forward-looking conversations to advance both national and global interests, positioning Nigeria as an attractive destination for investment in areas like solid minerals, climate-smart agriculture, the creative and digital economy, and energy transition.
The event was preceded by a Global Business Roundtable focused on building resilient supply chain networks for the energy transition, aligning with broader WEF themes on sustainable development, innovation, and inclusive growth.
Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, commended Vice President Shettima's leadership and support in realizing this long-envisioned project.
She noted that the pavilion would showcase Nigeria's investment opportunities and reform agenda to global business leaders.
Nigeria's delegation, led by Shettima, is expected to engage in high-level plenary sessions on topics including artificial intelligence, quantum computing, biotechnology, and economic outlook presentations, while pursuing bilateral partnerships to attract foreign direct investment.
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