VDL Technologies has called for clearer and more consistent government policies to enable technology firms scale digital solutions that address social, educational and civic challenges in Nigeria.
The Chief Executive Officer of the company, Mr. Oluwarotimi Fasuyi, made the call in Lagos during a media conference to mark the firm’s 10th anniversary.
Fasuyi said policy inconsistency and foreign exchange volatility remain major constraints for technology startups, particularly those dependent on cloud infrastructure and dollar-denominated services. According to him, FX instability makes long-term planning difficult for tech companies whose platforms require payments in foreign currency.
He stressed that stable and predictable policies would allow technology firms to contribute more effectively to national development through innovation.
Fasuyi noted that over the past decade, VDL Technologies has deployed digital solutions aimed at addressing social, educational and civic challenges, with its strategy focused on complementing public sector efforts through technology-driven solutions.
He said research conducted by the company revealed a growing mental health burden in Nigeria, alongside limited structured platforms for support, leading to the development of Amani Health, a digital platform focused on mental and emotional well-being.
He also highlighted Morcov Games, the company’s skill-based educational gaming platform designed to support learning without promoting gambling. According to him, the platform bridges entertainment and education, allowing users to improve their knowledge while accessing rewards.
On civic engagement, Fasuyi said VDL partnered with development agencies, including the United States Agency for International Development (USAID), to deploy mobile solutions during Nigeria’s last general elections. He explained that the initiative helped voters locate polling units and Permanent Voter Card (PVC) collection centres, thereby improving efficiency in the electoral process.
Looking ahead, Fasuyi said the company plans to deepen its use of artificial intelligence, Internet of Things (IoT) and SMS-based payment technologies, while positioning its platforms for regional and global expansion, particularly for Nigerians in the diaspora.
He added that the company recorded over 100,000 mobile application users within three months of a recent product launch.
Speaking on the company’s journey, Mrs. Ayodele Fasuyi described the experience as challenging but rewarding, while appreciating partners and collaborators who contributed to VDL’s growth.
Earlier, the Chief Business Officer, Mr. Sam Olayemi, said the company leverages data and gamification to help businesses improve customer engagement and revenue. The Chief Technical Officer, Mr. Oluwatosin Oni, attributed the firm’s growth to hard work and continuous innovation.