In its avowed commitment to ensuring cost savings across all air travels, the Federal Government has launched the BisonFly Project to optimize air travel costs for the Federal Civil Service through a structured, optimized, and technology-driven discount program.

Inaugurating the Project team in his office in Abuja today, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, stated that the BisonFly Project is a strategic initiative designed by the Federal Ministry of Finance to reduce the cost of air travel across the Ministries, Departments, and Agencies (MDAs) of the Federal Government through a centralized, technology-enabled system.

The system will integrate digital booking tools and centralized platforms, ensuring transparency and efficiency in official travel arrangements. It is expected to go live in the coming months.

The Minister emphasized the importance of institutional reform in achieving sustainable cost savings: *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,* Edun said 

Speaking earlier, the Permanent Secretary, Special Duties, Federal Ministry of Finance, Mr. Raymond Omenka Omachi commended the Minister’s leadership and vision, calling the initiative a model for fiscal responsibility across the public service and beyond.

Project BisonFly was developed by the Ministry’s Efficiency Unit in collaboration with ICT advisers and key stakeholders and will be overseen by a dedicated implementation team to ensure timely rollout and measurable results.

The Honourable Minister charged the implementation team to ensure the full realization of this important policy initiative of government, underscoring the urgency and significance of delivering on its mandate.

The BisonFly Project aligns with the Federal Government’s commitment to fiscal responsibility and public sector reform, supporting the government’s broader goals of enhancing efficiency and accountability in public sector operations.

It represents a significant step towards achieving fiscal discipline and improving public sector efficiency in Nigeria. With its innovative approach to cost savings and transparency, the project is poised to make a positive impact on government operations and set a precedent for other initiatives.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has reaffirmed the Federal Government’s commitment to food security while also urging a more agile and resilient approach to agricultural planning.

 Speaking at the inaugural meeting of the Agricultural Sector Working Group (ASWG) in Abuja, HM Edun stressed the need to align Nigeria’s agricultural roadmap with the post-Malabo agenda, highlighting the importance of boosting productivity, expanding access to finance, and unlocking value-added exports.

 He assured stakeholders of the Ministry’s full support, describing agriculture as central to President Bola Ahmed Tinubu’s economic priorities. The ASWG is expected to drive coordination across sectors and ensure measurable progress towards national and continental food security goals.

This initiative marks a significant step towards achieving sustainable food security, driving economic growth, and improving the lives of millions of Nigerians. The Ministry of Finance’s commitment to supporting the agricultural sector will undoubtedly yield long-term benefits for the nation.

The Federal Government has reaffirmed its commitment to implementing the various economic reforms of the President Bola Ahmed Tinubu-led Administration aimed at improving the lives of Nigerians.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, gave the assurance on Monday in his office in Abuja when he received a high-level delegation from the World Bank, led by Ousmane Diagana, Vice President for Western and Central Africa.

The Minister reiterated the government’s focus on three key areas: improving project delivery speed, scaling up biometric verification for 15 million individuals on the national social register, and accelerating the implementation of the Mission 300 initiative. He announced the establishment of a Compact Delivery and Monitoring Unit and requested a status update to ensure the nation stays on track to set new records in project approval and execution.

Key areas of collaboration include increased agricultural productivity, improved access to finance for SMEs, enhanced digital transformation, and broader financial inclusion.

Speaking earlier, Ousmane Diagana stated that their visit was to reaffirm support for President Bola Tinubu’s economic reform agenda and development priorities.

Diagana praised Nigeria’s recent GDP growth of 3.4% — the strongest since 2014 — and commended the government’s progress in stabilising the economy and improving portfolio performance. He stressed the need to maintain reform momentum to achieve inclusive, job-creating growth and highlighted Nigeria’s position as the World Bank’s largest portfolio in Africa, with commitments totalling around $17 billion. He also welcomed Nigeria’s leadership on the Mission 300 initiative — a pan-African drive to expand energy access to 300 million people — and urged faster implementation of social protection measures, particularly targeted cash transfers.

With the World Bank’s continued support and commitment to Nigeria’s economic reforms, the country is poised to achieve significant milestones in its development journey. The Federal Government’s focus on inclusive growth, job creation, and social protection measures will undoubtedly improve the lives of Nigerians, particularly the most vulnerable.