Aregbesola said this while signing Memorandum of Understanding(MOU) with Growth and Employment in States 4th scheme (GEMS4)on Tuesday in Osogbo.
He said the signing of MOU with GEMS4 would provide expansion of economic opportunities for the state.
Aregbesola said his administration had been able to endure the harsh economic challenges in the country due to huge investments in human development.
He said the signing of MOU was to promote collaboration and cooperation with GEMS4 so as to provide global markets for local products.
The governor added that investment in the human development was helping the the commerce and economy of state through wealth creation.
” A lot of people have been asking how we are surviving in spite of the economic challenges.
“But the answer is simple, we have made human development centre of our programmes and policies long before taking over the mantle of leadership.
“The investment of our people is paying off handsomely and this is what we want to consolidate with the MOU with GEMS 4.
” The MOU will help us explore the opportunities previously unexplored for wealth creation, progress and development.”
In his remarks, Mr David Joiner, the GEMS4 Project Director in Nigeria, said the project would raised the production and earning of the poor in Osun,
Joiner said that some of the industries that would benefit from the MOU included the soap making industry, agro-processing industries among others.
The DFID boss added that the project was aimed at creating and sustaining 10,000 full time equivalent jobs and increased incomes for 500,000 people in the state.
“With signing of this MOU, we will hit the ground running, SMEs will benefit from the project and we believe that employment will be generated, up to 5,000 traditional soap makers in different parts of the state.
The GEMS4 is a Department For International Department-funded programme that would link and expand markets for unique wholesale and retail products from Osun into larger local and international markets.
Under this scheme, local producers of black soap, local delicacies, mat makers, and other petty producers are to be assisted to gain access to bigger markets for bigger economic opportunities.