BY NKECHI NAECHE-ESEZOBOR— The Federal Government On Thursday said it’s targeting to save between N18 billion to N24 billion annually through discounted air fares when the BisonFly Project commences.
The Honourable Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun gave the charge today in his office in Abuja when he met with the relevant stakeholders, emphasizing that this aligns with the Renewed Hope Agenda, Fiscal Policy, and Tax Reforms of the present administration, promoting cost optimization.
Represented by the Permanent Secretary Special Duties, Mr. Raymond Omenka Omachi, the Minister charged them to ensure speedy implementation of BISONFLY PROJECT to ensure the full realization of the project’s objectives, underscoring the urgency and significance of delivering on its mandate.
He also stressed the importance of timely execution and measurable results in the project’s implementation.
The BisonFly Project is a strategic initiative of the Federal Ministry of Finance designed to reduce the cost of air travel across Ministries, Departments, and Agencies (MDAs) of the Federal Government through a centralized, technology-enabled system. By integrating digital booking tools and centralized platforms, the project ensures transparency and efficiency in official travel arrangements. The project aligns with the Federal Government’s commitment to responsible financial management, aiming to reduce costs and enhance service delivery.
“Project BisonFly 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 successful implementation of the BisonFly Project will have a lasting impact on the Federal Civil Service, promoting a culture of transparency, accountability, and fiscal responsibility. It will also contribute to the country’s economic growth, job creation, and improved productivity in the public sector, ultimately enhancing the overall well-being of Nigerians
