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    Home»Finance

    FG Pushes for Quick Takeoff of BisonFly Project, Targets ₦24bn Annual Savings

    By National UpdateAugust 21, 2025Updated:August 22, 2025 Finance No Comments2 Mins Read
    L-R, Mrs Adebusola Ajiboye (Head Efficiency Unit), Gbemiga Delano (GMD, Manifold Enterprise Solutions), Mr .Raymond Omenka Omachi (Permanent Secretary, Special Duties, Federal Ministry of Finance), lniabasi Akpan (CEO , Manifold Enterprise Solutions) andMr. Ayodeji Odusote ( Special Adviser to the Minister on ICT)
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    The Federal Government has tasked the implementation team of the newly launched BisonFly Project to ensure speedy and effective delivery, saying the initiative could save the country as much as ₦24 billion annually in air travel costs.

    Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who gave the charge in Abuja on Thursday, said the project is a strategic move to cut waste and entrench accountability in government operations.
    He was represented by the Permanent Secretary, Special Duties, Raymond Omenka Omachi.

    According to the Minister, the project will centralize and digitize official flight bookings across all Ministries, Departments and Agencies (MDAs), allowing the government to negotiate discounted fares and eliminate the inefficiencies that currently inflate travel expenses.
    “BisonFly is about prudent financial management,” Edun said. “By pooling our resources, we can negotiate better rates, cut expenditure and improve service delivery—similar to practices adopted by institutions like the World Bank.”
    The Finance Ministry projects that the system, once fully operational, will save between ₦18 billion and ₦24 billion annually, while promoting transparency, accountability, and fiscal discipline in the public service.
    Beyond financial savings, officials believe BisonFly will boost efficiency in the civil service, create jobs in the tech and service sectors, and contribute to broader economic growth.
    The initiative is part of President Bola Tinubu’s Renewed Hope Agenda, which prioritizes fiscal reforms, cost optimization and improved governance.

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