Nigeria has inaugurated its first-ever House in Davos, Switzerland, marking a significant milestone in the country’s global economic engagement. Vice-President Kashim Shettima made the announcement during the formal opening of Nigeria House at the 2026 World Economic Forum. The move reflects Nigeria’s renewed seriousness, readiness, and resolve to shape global economic conversations.
According to Shettima, nations cannot prosper in isolation, and Nigeria’s future growth depends on deliberate and structured global economic engagement. The Vice-President emphasized that the country’s presence at Davos with a sovereign pavilion demonstrates its intention to take a front-line seat in the global economy as a purposeful participant.
Nigeria House is a whole-of-government platform led by the Minister of Industry, Trade and Investment, bringing together senior leaders from various sectors, including investment, foreign affairs, energy, infrastructure, technology, climate, and culture. However, Shettima stressed that the House’s true essence must be driven by the private sector, as government can only open doors and de-risk environments, while enterprise can animate growth and translate policy into productivity.
The Vice-President highlighted the dividends of President Bola Tinubu’s economic reforms, which are beginning to materialize. Nigeria’s economy expanded by 3.9% in 2025, driven by a resilient non-oil economy, with services, agriculture, finance, and technology sectors expanding. Inflation eased significantly, and foreign reserves rose above $45 billion, improving exchange market stability.
Shettima invited global businesses to leverage Nigeria House, stating that the country is open for business and collaboration. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, noted that the project reflects a strong public-private partnership and economic rejuvenation, showcasing national pride and a shift in how Nigeria engages the international business community.
The launch of Nigeria House Davos offers a rare chance to tell Nigeria’s investment stories, with playbooks targeting solid minerals, climate-smart agriculture, creative, and digital sectors. As the country rebuilds trust, restores credibility, and positions itself as a global center for wealth creation partnerships, the international community is encouraged to explore opportunities in Nigeria. The inauguration of Nigeria House marks a significant step in the country’s journey towards increased global economic engagement and cooperation.
