GTCO Launches 'Waste for Gas' Initiative to Support Households, Empower Women in Ogun State
Lagos, Nigeria – February 21, 2025 – Guaranty Trust Holding Company Plc (GTCO) has launched a groundbreaking corporate social responsibility (CSR) initiative, “Waste for Gas,” aimed at improving household living conditions and empowering women in underserved communities. The initiative, which will distribute 3,000 three-kilogram gas cylinders with burners to low-income households in Obafemi Owode Local Government, Mowe, Ogun State, seeks to promote cleaner cooking solutions and responsible waste management.
The project is designed to alleviate the burden of cooking with firewood and charcoal, which not only poses health hazards but also contributes to environmental degradation. By facilitating the transition to gas-powered cooking, GTCO aims to simplify daily routines and enable families to allocate more time to activities that enhance financial resilience.
A key component of the initiative is the structured “waste for gas” exchange program, which encourages households to collect and return plastic waste in exchange for gas cylinders and burners. This approach fosters a culture of sustainability while addressing waste disposal challenges in the community.
The rollout of the project will occur in two phases. During the first phase, from February 18 to 21, GTCO teams, in partnership with local government representatives, will conduct door-to-door visits across 12 wards in Obafemi Owode Local Government to identify eligible beneficiaries. Households currently dependent on firewood and charcoal for cooking will be prioritized. The second phase, scheduled for February 22 and 23, will focus on monitoring the adoption of gas cooking and providing necessary support to beneficiaries.
Commenting on the initiative, GTCO’s Group Chief Executive Officer, Mr. Segun Agbaje, emphasized the company's commitment to creating meaningful community impact. “At GTCO, we believe in driving progress beyond financial solutions. ‘Waste for Gas’ is about making life easier for families, freeing up their time for education, work, and personal growth. More importantly, this initiative is part of our broader commitment to sustainable interventions that empower people, strengthen communities, and foster socioeconomic progress.”
The Waste for Gas project represents a strategic step in GTCO’s CSR efforts, serving as a model for future initiatives aimed at enhancing quality of life in underserved communities across Nigeria.
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