The Federal Government has introduced the BisonFly project, a new initiative aimed at saving Nigeria up to N24 billion annually in official air travel expenses.
The announcement was made on Thursday in a statement released by the Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga.
According to the statement, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, explained that the initiative would reduce government overheads by centralising bookings and securing discounted airfares. Represented by the Permanent Secretary, Special Duties, Raymond Omachi, the Minister charged the project team to ensure timely implementation, describing the project as critical to the government’s fiscal reforms.
“The BisonFly project directly supports our commitment to prudent financial management. By coordinating travel and securing discounted rates, we are using the government’s collective bargaining power to cut expenditure and improve service delivery, just as global institutions like the World Bank have done successfully,” the statement quoted him as saying.
The ministry highlighted that the project is expected to deliver between N18 billion and N24 billion in annual savings from discounted airfares across Ministries, Departments, and Agencies. It noted that the initiative would significantly reduce the overhead cost of official air travel across the Federal Civil Service.
The move aligns with President Bola Tinubu’s Renewed Hope Agenda and the administration’s wider fiscal and tax reforms. The statement further described the BisonFly project as a strategic effort by the Ministry of Finance to manage official travel through a centralised, technology-enabled system.
By integrating digital booking tools and a unified platform, the government stated that the project would promote transparency, improve efficiency, and optimise costs in the public service.
The ministry added that successful implementation would embed fiscal discipline and responsible financial management across the Federal Civil Service.
It further stressed that the project would not only save funds but also enhance efficiency in service delivery, boost economic growth, create employment opportunities, and improve productivity within the public sector.