Vice President Kashim Shettima has inaugurated Nigeria’s first pavilion at the World Economic Forum (WEF) in Davos, Switzerland, marking a milestone in the country’s participation in global economic engagements.
Speaking at the opening of the Nigeria House, the Vice President described the pavilion as a historic step that underscores Nigeria’s readiness to play an active role in shaping global economic conversations.
He said the economic reforms of the administration of President Bola Ahmed Tinubu were yielding positive results, noting that the economy recorded growth of about 3.9 percent in 2025, driven largely by the non-oil sector.
According to him, the non-oil sector now accounts for about 96 percent of the country’s Gross Domestic Product. Shettima added that non-oil revenues currently make up nearly 75 percent of government income, while inflation had moderated, and foreign reserves have risen to over 45 billion dollars.
The Vice President urged global investors and development partners to leverage the Nigeria House as a platform for engagement, partnership, and long-term collaboration.
Earlier, the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, described Nigeria House as a product of a strong public-private partnership and a reflection of renewed investor confidence in the Nigerian economy.
The event also featured the launch of investment playbooks and was attended by ministers, heads of government agencies, and business leaders.
