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Home»Banking & Finance»Money Market»GTCO Plc Deepens Domestic Gas Utilization Distributes Free Gas Cylinders To Households 
Money Market

GTCO Plc Deepens Domestic Gas Utilization Distributes Free Gas Cylinders To Households 

By orientalnewsngFebruary 22, 2025No Comments3 Mins Read
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Yemisi Izuora 
The Guaranty Trust Holding Company Plc (GTCO), has expanded its intervention aimed at boosting domestic gas utilisation in the country.
The Holding Company in a move to provide leadership in that space has launched its “Waste for Gas” project to improve quality of life for households and empower women in underserved communities.
This transformative initiative aims to distribute 3,000 3kg gas cylinders with burners to low-income households in Obafemi Owode Local Government, Mowe, Ogun State.
The Waste for Gas project underscores GTCO’s unwavering commitment to improving outcomes for people and communities.
By providing households with gas-powered cooking, the initiative simplifies daily routines, freeing up time for essential activities that support financial resilience.
The initiative also introduces a structured “waste for gas” exchange programme that promotes responsible waste management, fostering a culture of sustainability.
The project will unfold in two key phases, ensuring that it reaches those most in need.
In the first phase, teams from GTCO, in collaboration with local government representatives, conducted door-to-door visits across 12 wards in Obafemi Owode Local Government from Monday to Friday, February 18th – 21st, 2025.
These visits aimed at helping to identify beneficiaries who currently rely on firewood and charcoal for cooking. 
Participating households will collect and return plastic waste in exchange for gas cylinders and burners.
In the second phase, scheduled for Saturday and Sunday, February 22nd and 23rd, 2025, efforts will be shifted to monitoring and increasing adoption of the new cooking method among the beneficiaries.
Speaking on the initiative, Mr. Segun Agbaje, Group Chief Executive Officer of GTCO Plc, stated: “At GTCO, we are committed to driving progress, not just through innovative financial solutions but by creating real impact in the communities where we operate. Waste for Gas is about making life easier for families, giving them more time for what truly matters—whether it’s education, meaningful work, or personal development. Beyond this initiative, our goal is to continually evolve sustainable platforms that empower people, strengthen communities, and contribute to socioeconomic progress.”
As GTCO continues to expand its CSR footprint, the Waste for Gas project serves as a blueprint for future interventions that drive meaningful, long-lasting impact in underserved communities.
 financial holding company structure, with shares listed on both the Nigerian Exchange (NGX) and the London Stock Exchange (LSE). The operating entities within GTCO’s robust financial ecosystem include Guaranty Trust Bank Limited (GTBank), Guaranty Trust Fund Managers Limited (GTFM), Guaranty Trust Pension Managers Limited (GTPM), and HabariPay Limited (Habari).
As a “Proudly African and Truly International” Institution, GTCO has been at the forefront of enriching lives and promoting enterprise across the African continent through its transformative platforms and differentiated offerings.

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