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TGI Deepens Rural Banking with Cocoa Farmer Drive

The Business NG

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The BusinessNG

Tropical General Investments (TGI) Group has taken another step toward bridging Nigeria's rural financial gap with the launch of the Osun Financial Inclusion Drive (OFID), a grassroots initiative aimed at connecting underserved cocoa farmers to formal banking and digital financial services. Implemented through WACOT Limited, a TGI subsidiary, the program reflects the company's growing commitment to inclusive development across Nigeria's agricultural communities.

OFID provides cocoa farmers in Osun State with the tools and training necessary to manage their income, access digital payments, and participate in Nigeria's formal financial system—many of them for the first time. Over 1,700 farmers across 92 communities have benefited from the program, gaining access to bank accounts, financial literacy sessions, and mobile payment platforms.

The initiative builds on the success of the Kebbi Financial Inclusion Drive (KFID), launched in 2022, which reached more than 5,000 smallholder farmers in Kebbi State, including a significant number of women and young people.

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