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    MarketForces Africa » MarketForces News » GTCO Launches Waste-for-Gas Initiative in Ogun, Distributes 3,000 Gas Cylinders
    News

    GTCO Launches Waste-for-Gas Initiative in Ogun, Distributes 3,000 Gas Cylinders

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 26, 2025Updated:February 27, 2025No Comments3 Mins Read
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    GTCO Launches Waste-for-Gas Initiative in Ogun, Distributes 3,000 Gas Cylinders

    Guaranty Trust Holdings (GTCO) has launched its Waste for Gas Initiative, distributing 3,000 gas cylinders to residents of Obafemi Owode Local Government Area of Ogun State.

    The company said in a statement on Wednesday that the initiative, aimed at enhancing the quality of life for households and empowering women in underserved communities, was launched at the weekend.

    According to the Group Chief Executive Officer, GTCO, Mr Segun Agbaje, the initiative was designed to make life easier for families, giving them more time to focus on important activities.

    “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,” Agbaje said.

    He noted that the initiative was also designed to promote cleaner communities, enhance household welfare, and support financial stability.

    Agbaje emphasised that the initiative was part of the company’s efforts to make a positive impact on the communities where it operates. “We are committed to making a meaningful difference in the lives of the people we serve,” he said.

    Oyinade Adegite, Chief Communication Officer, GTCO, said 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 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 programme. “The success of this initiative depends on the responsible use of the gas cylinders,” Adegite said.

    Chairman, Obafemi Owode Local Government, Mr Ogunsola Adesina, lauded the initiative, saying it would significantly improve the standard of living in the area.

    He appealed to the company to establish a branch within the community to alleviate the banking challenges residents currently face.

    Also, Oba Kolawole Sowemimo, Olu of Owode-Egba advised beneficiaries not to sell the gas cookers and assured them that discussions were underway to establish discounted gas refill stations within the community.

    Mrs Risikat Ayoka, one of the beneficiaries in appreciation of the kind gesture, said “We are excited. This gesture will make us stop using firewood for cooking.”

    Another beneficiary, Mr Kayode Olawale, praised GTCO for the initiative, saying it would improve the health and wellbeing of his family. Olawale said “GTCO has shown that it truly cares about the wellbeing of its customers and the community.”

    The Waste-for-Gas initiative is part of GTCO’s corporate social responsibility efforts, aimed at making a positive impact on the communities where it operates. #GTCO Launches Waste-for-Gas Initiative in Ogun, Distributes 3,000 Gas Cylinders#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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