GTCO Boosts national capacity, lifts Lives with Waste-for Gas Initiative

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• Distributes 3,000 Gas Cylinders to Obafemi Owode Community

GTCO Plc, in its approach to strengthening national capacity and empowering communities, individuals and families through innovative approaches like Social and Behaviour Change Communication (SBCC), launched its waste for Gas initiative at the weekend.

The launch which forms part of GTCO’s ongoing efforts to lift the quality of life for households and empower women in underserved communities saw over 3,000 residents of Obafemi Owode Local Government Area of Ogun State, receive a unit each of a 3kg gas cylinder.

The Group Chief Executive Officer, GTCO PLC, Mr. Segun Agbaje, speaking about the initiative, noted that beyond delivering innovative financial solutions, the institution is deeply committed to making a meaningful impact in the communities where it operates.

“The Waste for Gas initiative is about making life easier for families, giving them more time to focus on important activities such as education, work, or personal development,” he stated.

“Beyond this, our goal is to continuously develop sustainable initiatives that empower individuals, strengthen communities, and contribute to socioeconomic growth.”

Speaking at the unveil/presentation event, GTCO’s Chief Communication Officer, Oyinade Adegite, highlighted that the initiative was designed to promote cleaner communities while enhancing household welfare.

According to Adegite, providing access to gas-powered cooking solutions will not only simplify daily routines but also free up time for other productive activities that support financial stability. She further noted that GTCO conducted thorough assessments by visiting beneficiaries’ homes to ensure that the support reached those who genuinely needed it.

“We visited various households across the local government and were surprised to find that some residents had already gone borrowing from money lenders just to afford gas cylinders, while some others were considering doing the same,” she revealed.

She urged beneficiaries to use the cylinders for their intended purpose and not resell them, adding that GTCO would return for the second phase of the program. The bank’s decision to expand the initiative would depend on how well the items are utilized.