Connect with us

National News

WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos

Published

on

WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos

Says Nigeria House, Davos, reflects nation’s renewed resolve to contribute to global econonic conversations

Launches publications on investment opportunities in solid minerals, agriculture, creative, digital sectors

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said 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 observed that while nations do not prosper in isolation, Nigeria’s future growth depends on deliberate, structured engagement with the global economy.

Senator Shettima stated this on Monday during the formal opening of the Nigeria House at the 2026 World Economic Forum (WEF) in Davos, Switzerland.

According to the VP, Nigeria marked a historic milestone in its global economic engagement with the official opening of its House at the WEF 2026.

“This day is extraordinary in the history of our engagements at this beautiful meeting point of global political leadership, policy thinkers, and corporate enterprise. For the first time in our nation’s history, Nigeria stands at Davos with a sovereign pavilion of its own.

“Nigeria House is a response to the lapses of the past. It reflects our intention. It reflects our seriousness. Above all, it advertises both our readiness and our resolve to take a front-line seat in the discourse of the global economy, not as observers, but as participants with a clear sense of purpose and place,” he stated.

The Vice President pointed out that even though “Nigeria House may have been conceived as a whole-of-government platform, led by the Honourable Minister of Industry, Trade and Investment, with senior leadership across investment, foreign affairs, energy, infrastructure, technology, climate, and culture gathered under one roof,” the true essence of the House must come from the private sector.

“Government can open doors, create frameworks, and de-risk environments; only enterprise can animate growth, scale opportunity, and translate policy into productivity. This House will thrive to the extent that it draws life from private capital, private innovation, and private confidence,” he maintained.

VP Shettima explained that the dividends of the Tinubu administration’s reforms are beginning to materialize, noting that “our decision to open up to the world more deliberately comes at a turning point in our economic journey.

“The dividends of the difficult but inevitable reforms of recent years are beginning to show,” he added, recalling that in 2025, Nigeria’s economy expanded by about 3.9 per cent, the fastest pace recorded in over a decade, driven largely by a resilient non-oil economy that now accounts for roughly 96 per cent of GDP.

The VP continued: “Services, agriculture, finance, and technology are expanding, while non-oil revenues now make up nearly three-quarters of government collections, marking a structural shift away from oil dependence.

“Inflation, which stood above 30 per cent in late 2024, eased significantly by the end of 2025, and external buffers have improved, with foreign reserves rising above 45 billion dollars and greater stability in the foreign exchange market.”

He invited the international business community to leverage the platform created through the Nigeria House project, noting that “Nigeria is open for business, but more importantly, Nigeria is open for collaboration.”

VP Shettima assured that the Nigeria House will host conversations that must have to move the nation and the global community forward.

“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,” he further stated.

Earlier, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, applauded the support of Vice President Shettima for the realisation of the historical vision for Nigeria House, Davos, acknowledging his disposition and encouragement in the project.

She said the project demonstrates a strong Public Private Partnership and reflects the rejuvenation of the Nigerian economy, showcasing a unique sense of national pride and a shift from how Nigeria engages with the rest of the world, especially the international business community.

Highlighting the gains of President Tinubu’s economic reforms as incentives for private sector investment, Dr Oduwole said Nigeria, under the current dispensation, is rebuilding trust, restoring credibility and positioning itself as the global centre for wealth creation strategic partnership.

She noted that the playbooks being launched at the event is part of a broad strategy to leverage Nigeria’s potentials in the solid minerals, climate sustainable agriculture, creative, digital sectors.

In his remarks, the Permanent Secretary in the Ministry of Solid Minerals Development, Engr Faruk Yusuf Yano, outlined major interventions and initiatives undertaken by the administration of President Tinubu in the solid minerals and related sectors, aimed at diversifying and reforming the Nigerian economy.

He said Nigeria House, Davos, represents a deliberate action to consolidate the gains of President Tinubu’s economic transformation efforts through high level engagements targeted at attracting investments in Nigeria’s non-oil sector.

He also advocated fair treatment for emerging markets in the areas of access to finance and secured global supply chain network.

On her part, the Lead Execution Partner, Nigeria House, Davos, Omowunmi Imoukhuede, emphasised that Nigeria House represents a rare opportunity to tell stories about Nigeria’s unique investment potentials.

Preceeding the formal opening of the Nigeria House, Davos, is a Global Business Roundtable focused on building a resilient supply chain network for the Energy Transition.

Also present at the event were Minister of Science and Technology, Dr Kingsley Ude; Minister of Foreign Affiars, Amb. Yusuf Tuggar; heads of government agencies, and captains of industry, among others.

WEF 2026: VP Shettima Commissions First Ever Nigerian Pavillion In Davos

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

President Tinubu Storms Jos Today To Commiserate With Residents Of Angwa Rukuba Massacre

Published

on

President Tinubu Storms Jos Today To Commiserate With Residents Of Angwa Rukuba Massacre

By: Bodunrin Kayode

President Bola Tinubu will today visit the Plateau state capital Jos to commiserate with residents who lost loved ones during the Palm Sunday shooting spree by criminals that took place at Angwa rukuba area of the city.

The President who was scheduled to visit Ogun state postponed his scheduled trip to Iperu, meant to flag off operations at the Gateway International Cargo Airport.

From the Plateau, the President is expected to travel to Lagos to observe Good Friday public holiday which ushers the beginning of the Easter public holiday which rounds up the lent period.

A state house release signed yesterday by the Presidential spokesman Bayo Onanuga noted that President Tinubu will travel to Ogun State for the commissioning of the Cargo Airport and the inauguration of two commercial aircrafts for the export and import of goods, aimed at boosting the state’s economic growth on Saturday April 4th.

“He will also inaugurate the new edifice of the Federal Operations Unit of the Nigerian Customs Service and its operational vehicles.

“He will return to Lagos to continue the Easter holiday, during which he is also expected to commission infrastructural projects undertaken by the administration of Governor Babajide Sanwo-Olu.

“These projects include: the iconic Ojota/Opebi Link Bridge; the Lagos State Geographic Information System Building; the Multi-Agency Complex named after the President, and a school Complex.

“Before returning to Abuja, President Tinubu will visit Bayelsa State on April 10 to commission some of Governor Duoye Diri’s completed projects.” Said the release.

Sadly several residents lost their lives during the black Palm Sunday shooting spree which is suspected to have been carried out by auto bike riding bandits following after their patterns in the hinterlands of the state.

These bandits who had tormented, killed and destroyed homes of residences of the Jos north axis of the state for several years after September 7th 2001

This damnation let loose on innocent residents is resurfacing after hundreds of killings had occurred in the Jos North council area of the state from September 7th 2001 till date.

And because of the myriad of challenges creeping into the federal security system sub regionals have geared up to manage their on police and Intel services which would assist greatly because they are masters of their territories.

The Federal government is fast tracking the process of state police to ensure that each sub nationals take charge of their environment to ensure that they support the center in the maintenance of internal security.

President Tinubu Storms Jos Today To Commiserate With Residents Of Angwa Rukuba Massacre

Continue Reading

National News

NiMet predicts 107 to 138 days of rainfall in Gombe

Published

on

NiMet predicts 107 to 138 days of rainfall in Gombe

The Nigerian Meteorological Agency (NiMet) has said that in 2026, the length of the rainy season in Gombe State is expected to be between 107 and 138 days.

This is contained in the Agency’s 2026 Seasonal Climate Prediction (SCP) document, which Gayus Musa, the meteorological manager for Gombe State, made available to Our Correspondent in Gombe on Tuesday.

The total amount of rainfall across Gombe State in 2026 is predicted to be between 701 mm in the northern part of the state (Nafada) and 1089 mm in the South (Shongom).

The onset of the rainfall is expected to commence in the state on May 29 (Shongom) and cease by October 22 (Yamaltu/Deba).

Similarly, in the prediction, four local government areas of the state, namely: Nafada, Yamaltu/Deba, Dukku and Funakaye were likely to be impacted by a severe dry spell (21 days and above) between June and August.

Musa while speaking to Our Correspondent on the first rainfall experienced in some communities in Akko, Gombe and Yamaltu/Deba Local Government Areas of the state on Monday urged farmers to resist the temptation of early planting of crops.

He described the first rain as false onset, explaining that the rainfall was false because it would not support any germination as seeds planted with such rain would not survive.

“This (first rain) is a false onset because the precipitation cannot carry any germination and so any seed planted would not survive.

“So farmers should not engage themselves in planting but to prepare their farmlands while getting their seeds and other inputs ready,” he said.

Musa advised farmers in the state, to make use of the prediction in carrying out farming activities towards avoiding losses in view of the impact of climate change on agriculture.

He further urged relevant authorities in the state to take proactive measures towards tackling environmental issues associated with the rainy season.

NiMet predicts 107 to 138 days of rainfall in Gombe

Continue Reading

National News

Tuggar Resigns from Tinubu’s Cabinet, Sets for Bauchi Governorship

Published

on

Tuggar Resigns from Tinubu’s Cabinet, Sets for Bauchi Governorship

By: Michael Mike

The rumoured interest of Minister of Foreign Affairs, Ambassador Yusuf Tuggar in becoming the governor of Bauchi State come 2027 may have been confirmed he resigned on Monday to prepared ground for actualization of his political ambition.

The resignation was ahead of the deadline set for political appointees seeking elective positions in the forthcoming general elections.

In a resignation letter submitted to the office of the Secretary to the Government of the Federation, Tuggar expressed profound gratitude to President Bola Ahmed Tinubu for the opportunity to serve the country and contribute to the implementation of the administration’s Four-D foreign policy strategy.

The former minister also appreciated the management and staff of the Ministry of Foreign Affairs and members of the diplomatic community for their cooperation and support throughout his tenure.

During his time in office, Tuggar was credited with advancing Nigeria’s foreign policy objectives through initiatives focused on people-centred diplomacy. These included humanitarian evacuations, facilitation of scholarships for Nigerians abroad, and sustained support for citizens in the diaspora.

His tenure also witnessed increased diaspora engagement, including efforts to develop a structured database of Nigerians living abroad aimed at strengthening their participation in national development.

In addition, Tuggar strengthened bilateral and multilateral relations through strategic engagements with traditional partners and regional alliances, particularly across the Global South. His leadership also promoted regional security cooperation and supported the formation of the Regional Partnership for Democracy initiative.

He also prioritised economic diplomacy, positioning Nigeria as an attractive destination for foreign investment, especially in the energy sector, while facilitating diplomatic interventions that secured the release of detained Nigerians in foreign countries and improved bilateral relations.

The resignation letter was received on behalf of the Secretary to the Government of the Federation by Dr. Abubakar Kana, Permanent Secretary, General Services Office, ahead of the March thirty-first deadline directed by President Tinubu in line with provisions of the Electoral Act.

Tuggar’s resignation was conveyed in a statement issued by his Special Assistant on Media and Communications Strategy, Alkasim Abdulkadir.

Tuggar Resigns from Tinubu’s Cabinet, Sets for Bauchi Governorship

Continue Reading

Trending

Verified by MonsterInsights