As part of efforts to drive sustainable agricultural growth, TGI is empowering farmers with financial skills they need to thrive.
The group recently launched the Osun Financial Inclusion Drive, to empower farmers with financial skills.
The launch was implemented under the group’s sustainable cocoa programme and executed via WACOT Limited, a member of TGI Group.
OFID empowers underserved farming communities with access to formal banking services, financial literacy tools, and digital platforms
This financial inclusion drive builds on the success of the 2022 Kebbi Financial Inclusion Drive (KFID), which reached over 5,000 farmers across five local governments in Kebbi State with a high inclusion rate for women and youth.
Reflecting on the broader impact of the initiative, Yosola Ononuga, head of Sustainability at TGI Group, noted that the Osun financial inclusion drive is about equipping farmers with the tools to participate meaningfully in the economy.
“For us at TGI, inclusion starts at the grassroots. OFID is about equipping farmers with the tools to participate meaningfully in today’s economy,” she said.
“This is sustainability in action, creating access, building resilience, and empowering communities from within. Whether in Kebbi, Osun, or any other state where we operate, we are embedding financial inclusion as a critical pillar of our sustainability agenda,” she added.
Ononuga explained that when people are excluded from basic banking services, their economic independence is limited.
“Through OFID, TGI is bridging this gap, supporting over 1,700 cocoa farmers across 92 Osun communities with the resources and knowledge needed to improve financial decision-making, build income security, and plan for long-term growth.”
Similarly, Oladipupo Fatai, a cocoa farmer in Osun, noted that before now, it had been difficult for him to manage his finances.
“Prior to this time, it has not been easy for me to manage my finances, and this is my first time opening an account, so it’s indeed a great privilege for me,” he shared. “Now, I have a bank account and I’ve learned how to use my phone for payments.”
Through the launch, over 100 cocoa farmers received Sustainability Differential (SD) payments, a financial incentive awarded to those who met traceable, responsible cocoa farming standards.
TGI Group will continue to expand financial inclusion activities across its agricultural value chains, reinforcing its belief that farmers should be empowered not only as producers but as active participants in shaping Nigeria’s rural economy.